Renault considers a possible agreement with Nissan within a few weeks-De Meo | Photo credits: Dong liu / Shutterstock.com
PARIS, Oct 13 (Reuters) – Renault considers an agreement on the structure and governance of the alliance with Nissan possible within weeks, the group’s chief executive, Luca De Meo, said on Thursday.
“It’s not going to be a matter of months and months, it could be a matter of weeks, potentially, but (..) there’s no specific date,” he told reporters. margin of the presentation of a new brand dedicated to the circular economy.
“Renault and Nissan want to remaster the alliance and must find the right operating and governance mechanisms that will make this alliance easier to manage,” added Luca De Meo.
Renault and Nissan announced Monday that they are engaged in discussions on the future of their alliance forged twenty years earlier.
Sources familiar with the matter indicated that Nissan, in exchange for a stake in Renault’s future electric entity project, would like to see its French partner reduce its stake in its capital.
The diamond group must detail this electrical entity project on November 8 during an investor day. (Gilles Guillaume report, edited by Jean-Stéphane Brosse)