FRENCH RENAULT PUSHED TO REDUCE STAKES IN JAPANESE NISSAN

Highlights:

• The two companies have collaborated for nearly 20 years
• Falling sales has put pressure on Renault to take the call

Nissan and Renault have been embroiled in persistent controversies since 2018, over mismanagement of funds by Carlos Ghosn. Renault has 43 per cent of Nissan’s stakes. This is in contrast to only 15 per cent the stakes that Nissan holds in Renault. N....