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Nissan-Renault alliance

Renault chairman in no hurry to rebalance alliance with Nissan

Senard emphasizes need for French and Japanese automakers to deepen relationship

Renault Chairman Jean-Dominique Senard speaks to reporters in Yokohama, Japan on Oct. 9. (Photo by Ryo Asayama)

TOKYO -- Renault Chairman Jean-Dominique Senard on Wednesday reiterated that his top priority is to ensure a deeper relationship between the French carmaker and its Japanese alliance partner -- and not necessarily to address a situation in which the smaller company, Renault, has the larger stake in the more global Nissan Motor.

"The first priority is that the alliance goes ahead," Senard told Japanese reporters in Yokohama. "We need to bring Nissan back on track, [which] will help in strengthening the alliance."

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