Renault's Senard: Nissan capital change is 'last thing on my mind'

Chairman keen on uniting alliance technologies; predicts lackluster 2020

20191220 ルノー

Renault Chairman Jean-Dominique Senard says Renault's capital structure is not on the current agenda, but did not rule out changes in the future. (Photo by Mailys Pene-Lassus)

MAILYS PENE-LASSUS and TOGO SHIRAISHI, Nikkei staff writers

PARIS -- French automaker Renault agrees with Nissan Motor to preserve the capital structure between the two companies for the time being, said Renault Chairman Jean-Dominique Senard, who stressed that capital changes are "the last thing on my mind."

In an interview with the Nikkei Asian Review, Senard said he wants to converge Renault's technologies with that of alliance partners Nissan and Mitsubishi Motors, particularly in the electric vehicle arena, where Chinese players dominate.

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