Renault and Nissan confirm the end of the Renault-Nissan group
- As planned at the beginning of this year, the Renault-Nissan group sees its existence officially cease, with the sale of 30% of the 45% of Nissan's shares held by Renault, with the end of their common purchasing structure and with the desire to stick only to one-off agreements on model, engine or plant share.
- Today, the rebalancing of the Renault and Nissan cross-shareholdings, up to 15% each, means that neither one carmaker has the possibility of controlling the other in the current circumstances. As a result, we can no longer speak of a group, but of two separated groups which can agree on a technical cooperation concerning one-off projects, such as Renault has with Mercedes (with the Kangoo-Citan ) or with Geely (in South Korea).
- The Renault-Nissan group therefore ended up experiencing the same fate as the former DaimlerChrysler or BMW-Rover groups which disappeared at the beginning of the 2000s. We are therefore now dealing with two distinct groups: the Renault group which is made up of the Renault brands, Dacia and Alpine, and the Nissan group which consists of the Nissan, Infiniti and Mitsubishi brands.
- Contrary to what had been defined over the previous twenty years, notably due to a position as CEO of Renault and Nissan occupied by the same man who was supposed to define strategies for the common interest and thus pool purchases, mutualise vehicle ranges, factories, technologies, each company will now build its own plan and then see opportunities for collaboration. The Renault and Nissan groups have, however, announced that the current agreements on LCVs and BEVs will not be questioned.