Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Nissan, Renault in talks to merge, to make new firm: Reports
short by Aditi Verma / on Thursday, 29 March, 2018
Japanese automaker Nissan and French carmaker Renault are in talks to merge and create a new company, according to reports. Renault currently owns 43% of Nissan while the Japanese carmaker has a 15% stake in its French counterpart. Chairman of Renault-Nissan Alliance Carlos Ghosn will be appointed to run the combined entity, reports added.
read more at Bloomberg