TOKYO -- A year after Nissan Motor and Renault Group agreed to rebalance their alliance to a team of equals, the Japanese automaker has slipped behind its French partner in market capitalization amid struggles to adapt to shifting market environments.
Automobiles
Nissan falls behind Renault in market cap a year after equal alliance
Japanese carmaker blindsided by woes in American and Chinese markets
Nissan Motor has struggled in China, where it sells the Venucia brand. Meanwhile, Renault has entered into a new partnership with Chinese automaker Geely. (Source photos by Nikkei and Reuters)
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