Automakers

Renault Chairman Senard faces investors as Nissan alliance falters

Senard's merger talks with Fiat Chrysler behind Nissan's back have added to the tensions with Nissan fed by Carlos Ghosn's arrest and the companies' lopsided relationship. (Bloomberg)
TP
By:
Tara Patel and Ania Nussbaum
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By:
Bloomberg
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June 12, 2019 08:26 AM

PARIS -- A year ago, then-Renault Chairman Carlos Ghosn stood before shareholders in Paris and pledged to buttress the automaker’s two-decade partnership with Nissan. He praised the strength, solidity and pragmatic nature of their relationship and vowed to eliminate all "reasonable doubt" about the durability of the alliance.

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