Renault-Nissan-Mitsubishi Alliance: Its future is negotiated these days

new nissan logo

The Renault-Nissan-Mitsubishi Alliance is one of the most powerful "ententes" in the sector. He was born to support the Japanese firm through an exchange of shares that unfairly favored the Gauls. But over the years things have changed and now they are going through a very deep crisis. It is as if a couple were on the verge of divorce but, to solve their problems, they had stopped to talk...

The data confirming that the Franco-Japanese consortium is on the right track to fix its problems It comes with a press release. All in all, we cannot ignore the fact that both Renault, Nissan and Mitsubishi have the future "written" through its strategic plans. And although they are autonomous, they have no choice but to understand each other if they do not want to fail in their start-up. Perhaps the key to it is in the announcement made hours ago...

The Renault-Nissan-Mitsubishi Alliance "discusses" to strengthen cooperation and the future of the Alliance...

4-2021 - Renault New Logo

It has been through a official press release, published by Nissan and Renault, that the news has arrived. In it they explain that "they are currently involved in confidential discussions on various initiatives as part of ongoing efforts to strengthen cooperation and the future of the Alliance." In summary, they are seeing how to value the different points that each of the partners has from their association. Especially for the part of Nissan.

Apparently discussions include:

  • An agreement on a set of common strategic initiatives between markets, products and technologies.
  • La Nissan's consideration of investing in the new Renault EV entity which will support Renault's Renaulution strategy and will be one of the strategic steps towards Nissan Ambition 2030.
  • Companies continue to drive structural improvements to ensure sustainable operations and governance of the Alliance.
Logo Alliance Renault-Nissan-Mitsubishi
Related article:
The Renault-Nissan-Mitsubishi Alliance presents its new action plan

The first point concerns how markets and tasks have been distributed. It recalls the announcement that Mitsubishi would stay out of Europe and then, at the last moment, they backed down to sell two Renault models with the Japanese logo. Also to the development of the future technology that their models will carry and this aspect almost overlaps with the second point. The reason: Renault EV will be an independent company and Nissan goes further…

The third point is perhaps the most important. Governance "equally" is something that Nissan has always demanded since their numbers are always more important than Renault's. However, it is the Gauls who are in control and have grown tired of being in the background when issuing orders. However, you will have to be very patient. This brief press release ends as follows…

«Any other communication will be made in due time by the members of the Alliance»

Let's hope there is an agreement, because a divorce would mean, almost in all probability, his death sentence...

Source - Nissan - Renault


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