Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
Please enter your mobile number
Please enter your password
Please enter your password

Renault and Nissan likely to collaborate and form a new company

March 30, 2018, 04:40 PM IST by Nikhil Puthran
Renault and Nissan likely to collaborate and form a new company

Renault and Nissan alliance is not new to the world as they have been working together for nearly two decades. Currently, Nissan holds 15 per cent stake in French firm Renault and Renault owns 43 per cent of Nissan's stakes. However, this time around both the companies are in-talks to join hands for car sharing and electric mobility. If these talks materialise, it is believed that it might lead to the formation of a new company.

If the collaboration is going to get through, it will lead to stronger competition against the Volkswagen AG and Toyota Motor Corp. This will also allow the companies to pool resources, investors and more skill and technology towards the development of new-energy vehicles, autonomous driving, and car-sharing services. Moreover, Renault and Nissan can further cut costs by sharing platform and engines. Reports indicate that the Renault shares have jumped by as much as 8.3 per cent, which is indeed the highest intraday level in over a decade.

Moving forward, it will take quite a while for the Renault and Nissan alliance to take form. It is believed that the French government’s 15 per cent stake in Renault will make it difficult to get the deal going. Moreover, local legal formalities and regulations will have to be considered before taking the final decision. More details on the merger will be known in the days to come.

Show CommentsHide Comments
  • Upcoming Cars

Ford Endeavour FaceliftFord Endeavour Facelift

22nd Feb 2019

29L - ₹ 35L
Honda CivicHonda Civic

7th Mar 2019

13L - ₹ 18L
Tata 45XTata 45X

Mar 2019

8L - ₹ 10L
BMW i8 RoadsterBMW i8 Roadster

Apr 2019

2.80Cr - ₹ 3Cr
Mahindra e20 NXTMahindra e20 NXT

Jul 2019

6L - ₹ 8L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in