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Alliance looks at adjusting its capital ties

With the French government set to gain significant sway over Renault, the parent company of Japan's Nissan Motor, the two automakers are talking about altering their capital alliance.

PARIS -- Japan's Nissan Motor and France's Renault recently began reviewing their capital alliance, The Nikkei learned Wednesday. Specifically, the automakers are discussing the possibility of attaching voting rights to the Renault shares that Nissan owns.

     The French-Japan auto alliance is uneasy over the role that the French government could play. The French government's shareholder voting rights in Renault are to rise to about 28%. It stands to gain significant influence.

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