Renault and Nissan will create a new joint venture

Renault and Nissan will create a new joint venture

December 2, 2019 0 By autotimesnews

French and Japanese automakers have agreed to create a new company engaged in research and development of advanced automotive technology.

Alliance partners, along with junior partner Mitsubishi Motors, will announce a specific plan in January, Kyodo News reported on Sunday, citing people familiar with this issue.

According to French media reports, the partners appointed Hadi Zablite, a French-Lebanese engineer, to be the Secretary General of the alliance to intensify cooperation and restart joint operations.[IP]&ua=[UA]&domain=[DOMAIN]&page=[PAGE]&secure=[SECURE]&language=[BROWSER_LANGUAGE]&bidfloor=[BIDFLOOR]&gdpr_consent=[GDPR_CONSENT]

Zablit, 49, is currently the Alliance’s business development manager responsible for developing the Common Module family of platforms, new technology partnerships, mobility services, and product planning synchronization.

On Sunday, Nissan created a new leadership team led by 53-year-old Makoto Uchida, the head of China’s auto business. Renault is also looking for a new CEO, interim finance chief Clotilde Delbos.

Relations in the alliance worsened after the arrest and exile of former top manager Carlos Ghosn, who was arrested a year ago in Tokyo on charges of financial crimes, which he denies.