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Nissan-Renault alliance

Nissan denies split from Renault as stock hits 8-year low

Japanese automaker calls alliance its 'source of competitiveness'

Former Nissan Chairman Carlos Ghosn's end of the year escape from Japan has only further strained the alliance with Renault.   © Reuters

TOKYO -- Nissan Motor on Tuesday denied a media report that it is preparing for a potential split from French partner Renault -- a prospect that sent the Japanese automaker's stock falling to the lowest price since September 2011.

Nissan issued a statement saying it is "not considering splitting the alliance" and insisted the partnership is its "source of competitiveness."

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