Tag: Renault SA
Any reduction of the stake will need approval from France, which owns 15% of Renault.
Renault SA’s alliance with Nissan Motor Co., already stressed by the Carlos Ghosn affair and a failed merger proposal by Fiat Chrysler Automobiles NV, lurches toward a new crisis.
The French government wants additional guarantees from Fiat Chrysler Automobiles NV in its proposal to merge with Renault SA as it seeks to avoid job cuts in France and protect national interests.
The Italian government may help Fiat Chrysler Automobiles NV complete its proposed merger with Renault SA, says Deputy Prime Minister Matteo Salvini.
Nissan's partner Renault, the French automaker says Nissan’s results will wipe 56 million euros off its first-quarter net income.
Japanese law allows companies to operate without a chairman, as some companies choose that route as a way of distributing power across top management.