Renault chairman ‘very satisfied’ with governance structures at Nissan and Renault

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January 16, 2020

PARIS (Reuters) – Renault <RENA.PA> chairman Jean-Dominique Senard said on Thursday he was “very satisfied” with the governance structures now in place both at the French carmaker and at its Japanese partner Nissan <7201.T>.

“We have a board overseeing the alliance which is made up of people who are all extremely in favor of the alliance (…) there is a common desire to associate our strategic plans and a real desire to make this alliance a success”, Senard told reporters.

Renault and Nissan executives have been at pains to soothe fears their 20-year-old alliance was on the brink of collapsing, after the partnership’s former boss-turned-fugitive Carlos Ghosn derided it as dead in the water without him.

(Reporting by Sarah White; Writing by Benoit Van Overstraeten; Editing by Matthias Blamont)

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