Nissan-Renault new chapter should be based on innovation, not scale

Japanese automaker Nissan Motor and French counterpart Renault have finalized the framework for an agreement to change the structure of their partnership. Renault currently holds 43% of Nissan's shares, but with the new agreement each company will hold 15% of the other's shares. This will make the partnership more equal. We will pay close attention to the French-Japanese business alliance as it sets off on a new journey, navigating the rapidly changing auto market.