November 22, 2018 / 5:26 PM / 20 days ago

France, Japan reaffirm support for Renault-Nissan alliance

The Renault automaker company logo is displayed on a dealership in Paris France, November 21, 2018. REUTERS/Gonzalo Fuentes

PARIS (Reuters) - French economy minister Bruno Le Maire and his Japanese counterpart Hiroshige Seko reaffirmed on Thursday their support for the Renault-Nissan (RENA.PA) (7201.T) alliance after Carlos Ghosn was ousted as the Japanese company’s chairman

After meeting in Paris, a joint statement expressed “the strong support” and “their shared wish to maintain this winning cooperation”.

Ghosn was the architect of the alliance and was pushing for a deeper tie-up, including a potential full merger of Renault and Nissan, despite strong reservations at the Japanese firm.

Reporting by Leigh Thomas ; Editing by Matthias Blamont

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