Renault chairman says ready to produce Nissan cars in Europe

Senard says pandemic reveals importance of Renault-Nissan-Mitsubishi alliance

Renault's chairman said that the French automaker is prepared to produce vehicles of partner Nissan in Europe. (Photo courtesy of Renault)

MAILYS PENE-LASSUS and TOGO SHIRAISHI, Nikkei staff writers

May 30, 2020 07:41 JST

PARIS -- The coronavirus pandemic has only highlighted the importance of Renault-Nissan-Mitsubishi Motors alliance, Renault Chairman Jean-Dominique Senard told Nikkei in an telephone interview Friday. The three carmakers, which struggled over 18 months to find common ground, finally announced on Wednesday a new strategy to cut investment costs per vehicle model by up to 40%.