Macron calls for synergies, alliances to strengthen Renault-Nissan


Reuters | Paris | Updated: 26-06-2019 12:58 IST | Created: 26-06-2019 12:54 IST
Macron calls for synergies, alliances to strengthen Renault-Nissan
Image Credit: IANS
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  • France

French President Emmanuel Macron on Wednesday called for further synergies and alliances to strengthen the Renault-Nissan partnership in a global market.

"The Renault-Nissan alliance is a jewel in the industry," Macron told French expatriates in Tokyo. "We created a giant which we must not only preserve but develop synergies and alliances to strengthen it in the face of international competition." Nissan on Tuesday threw cold water on hopes for a quick fix to strained relations with France's Renault SA, saying inequality between the partners could unravel their two-decade-old automaking alliance. 

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