Nissan decided to “divorce” from Renault and Mitsubishi

Nissan decided to “divorce” from Renault and Mitsubishi

March 11, 2020 0 By autotimesnews

The Reuters portal, relying on 2 of its sources, informs that there is a possibility of Nissan leaving the Alliance venture capital fund. This decision is due to plans to minimize costs.

The Japanese corporation will make the final decision on withdrawal from the Alliance Ventures fund before the end of this month.

According to assumptions, such conversations began after another member of the Alliance – Mitsubishi, according to rumors, expressed his intention to stop making contributions to the fund formed to accumulate investments in innovative technologies.

According to representatives of Mitsubishi, the automaker did not make such a decision. Nissan called all this speculation information.