Nissan and Renault to focus on reforming their partnership

Nissan and Renault are nearing a comprehensive reform of their global automaking alliance, with top executives meeting to reset the two-decade-old cooperation and define a route for an uncertain electric future.

Nissan Motor Co Ltd and Renault SA leaders are convening via video link for an alliance board meeting, according to sources. They chose this format rather than sending Renault CEO Luca de Meo and Chairman Jean-Dominique Senard to Japan because the talks have been going well, according to the sources.

Renault wants Nissan to invest in its new electric-vehicle sector, while Nissan wants Renault, its largest shareholder, to divest a portion of its 43 percent ownership and put the 23-year alliance on a more equal basis.

The talks have been continuing for months and have focused on problems such as intellectual property sharing. According to reports, the firms could make a formal announcement as early as February 1.

The future shape of the Franco-Japanese alliance has consequences for both corporations as well as Mitsubishi Motors Corp., their junior partner. It also emphasises how the auto industry's massive technological revolution is forcing enterprises to collaborate and compete with an increasing number of startups and tech firms.

Renault, for example, has stated that it will collaborate with companies ranging from China's Geely Automobile Holdings to chip giant Qualcomm Inc.

Separately, Renault is finalising an agreement with Geely and enlisting Saudi Arabian state oil giant Aramco as an investor and partner in the development of gasoline engines and hybrid technology.

Nissan is concerned that technology produced while collaborating with Renault would leak to the French automaker's partners as it restructures, according to reports.

Nissan and Renault are nearing a major reform of their global automaking alliance, with top executives meeting on Thursday to discuss resetting the two-decade-old cooperation and charting a route for an uncertain electric future.

Nissan Motor Co Ltd and Renault SA leaders are convening via video link for an alliance board meeting, according to sources. They chose this format rather than sending Renault CEO Luca de Meo and Chairman Jean-Dominique Senard to Japan because the talks have been going well, according to the sources.

Renault wants Nissan to invest in its new electric-vehicle sector, while Nissan wants Renault, its largest shareholder, to divest a portion of its 43 percent ownership and put the 23-year alliance on a more equal basis.

The talks have been ongoing for months and have centred particularly on issues such as the sharing of intellectual property. A formal announcement from the companies could come as early as Feb.1,  has reported.

The future shape of the Franco-Japanese alliance has consequences for both corporations as well as Mitsubishi Motors Corp., their junior partner. It also emphasises how the auto industry's massive technological revolution is forcing enterprises to collaborate and compete with an increasing number of startups and tech firms.

Renault, for example, has stated that it will collaborate with companies ranging from China's Geely Automobile Holdings to chip giant Qualcomm Inc.

Separately, Renault is finalising an agreement with Geely and enlisting Saudi Arabian state oil giant Aramco as an investor and partner in the development of gasoline engines and hybrid technology.

Nissan has been concerned that the technology it has developed while partnered with Renault could leak to the French automaker's partners as it restructures, has reported.

Nissan and Renault are nearing a comprehensive reform of their global automaking alliance, with top executives meeting to reset the two-decade-old cooperation and define a route for an uncertain electric future.

Nissan Motor Co Ltd and Renault SA leaders are convening via video link for an alliance board meeting, according to sources. They chose this format rather than sending Renault CEO Luca de Meo and Chairman Jean-Dominique Senard to Japan because the talks have been going well, according to the sources.

Renault wants Nissan to invest in its new electric-vehicle sector, while Nissan wants Renault, its largest shareholder, to divest a portion of its 43 percent ownership and put the 23-year alliance on a more equal basis.

The talks have been continuing for months and have focused on problems such as intellectual property sharing. According to reports, the firms could make a formal announcement as early as February 1.

The future shape of the Franco-Japanese alliance has consequences for both corporations as well as Mitsubishi Motors Corp., their junior partner. It also emphasises how the auto industry's massive technological revolution is forcing enterprises to collaborate and compete with an increasing number of startups and tech firms.

Renault, for example, has stated that it will collaborate with companies ranging from China's Geely Automobile Holdings to chip giant Qualcomm Inc.

Separately, Renault is finalising an agreement with Geely and enlisting Saudi Arabian state oil giant Aramco as an investor and partner in the development of gasoline engines and hybrid technology.

Nissan is concerned that technology produced while collaborating with Renault would leak to the French automaker's partners as it restructures, according to reports.

Nissan and Renault are nearing a major reform of their global automaking alliance, with top executives meeting on Thursday to discuss resetting the two-decade-old cooperation and charting a route for an uncertain electric future.

Nissan Motor Co Ltd and Renault SA leaders are convening via video link for an alliance board meeting, according to sources. They chose this format rather than sending Renault CEO Luca de Meo and Chairman Jean-Dominique Senard to Japan because the talks have been going well, according to the sources.

Renault wants Nissan to invest in its new electric-vehicle sector, while Nissan wants Renault, its largest shareholder, to divest a portion of its 43 percent ownership and put the 23-year alliance on a more equal basis.

The talks have been ongoing for months and have centred particularly on issues such as the sharing of intellectual property. A formal announcement from the companies could come as early as Feb.1,  has reported.

The future shape of the Franco-Japanese alliance has consequences for both corporations as well as Mitsubishi Motors Corp., their junior partner. It also emphasises how the auto industry's massive technological revolution is forcing enterprises to collaborate and compete with an increasing number of startups and tech firms.

Renault, for example, has stated that it will collaborate with companies ranging from China's Geely Automobile Holdings to chip giant Qualcomm Inc.

Separately, Renault is finalising an agreement with Geely and enlisting Saudi Arabian state oil giant Aramco as an investor and partner in the development of gasoline engines and hybrid technology.

Nissan has been concerned that the technology it has developed while partnered with Renault could leak to the French automaker's partners as it restructures, has reported.