Among the shared projects specified by VW are a midsize pickup to be developed by Ford, a city delivery van to be developed by VW and a new electric vehicle for Ford of Europe, to be built on VW's EV architecture.
As protesting workers burned tires and blocked roads outside Nissan's Barcelona factory, the Spanish government said it could seek an alternative partner to keep the plant open.
After it has implemented its $2.2 billion cost-cutting plan, Renault will be a smaller company, with fewer factories and a smaller model range.
The EU's recovery plan offers no concrete details beyond a general pledge "to accelerate production and deployment" of sustainable vehicles.
Renault, which has a 43 percent stake in its alliance partner, said Nissan’s first net loss in a decade last year would affect its earnings in the first quarter.
Automakers' worries over the continuing fallout from the pandemic and a loan dispute between event organizers and authorities could jeopardize the auto show next year.
PSA said it will produce up to 10 million masks per month from August.
Nissan will focus European production on building SUVs at its Sunderland plant, CEO Makoto Uchida said while presenting the automaker's new midterm plan.
The supplier has received government approval to begin output again and will relaunch with 25 percent of overall capacity at its 12 manufacturing plants.
VW is poised to buy 50 percent of Anhui Jianghuai, the parent of its EV partner, JAC, and is also set to become the biggest shareholder of EV battery maker Guoxuan, Reuters reported, citing sources.
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