Renault, Nissan, MMC plan joint board meeting, eye integration: report

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Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to set up a joint board meeting structure to discuss issues related to their alliance ...

TOKYO: Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to set up a joint board meeting structure to discuss issues related to their alliance in a step toward integration of operations, TV Tokyo reported on Sunday.

Carlos Ghosn, who served as chairman at all three companies, before his arrest in November, had been pushing for a deeper tie-up between Nissan and Renault, including possiby a full merger, despite Nissan reservations.The future of the three-way partnership has been thrown into doubt after Ghosn's arrest for alleged financial misconduct.

 

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