Renault has signaled it will block reforms launched by alliance partner Nissan i...
FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of a common dealership of the companies in Saint-Avold, France, Jan. 15, 2019. REUTERS/Christian Hartmann/File Photo
Renault, which owns 43.4% of Nissan, informed its Japanese affiliate in a letter signed by Chairman Jean-Dominique Senard that it planned to abstain in a shareholder vote on the plans, the Financial Times reported earlier on Sunday. A Renault spokeswoman did not immediately return calls and messages seeking comment. A spokesman for Nissan could not be reached after hours in Japan.
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