This Is Why Renault And Nissan Are Reevaluating Their Alliance


In 1999, Renault and Nissan entered an alliance, which labored nicely till the entire Carlos Ghosn story got here out and all the things went South. For individuals who don’t know who Carlos Ghosn is, he was the boss of the Renault-Nissan alliance, who was accused of monetary wrongdoing and misappropriation of funds. When the information of his wrongdoings got here out, Ghosn was positioned beneath arrest in Japan. To make issues actually awkward for Renault, Ghosn fled home arrest from Japan in 2019 and escaped to Lebanon. His departure plunged the Nissan-Renault alliance into a giant disaster and since then, each events appear to mistrust one another.


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