AutoBeta(AutoBeta.net)04/29 Report--

According to Japan's Sankei Shimbun, after Renault's new alliance restructuring plan put forward on the 12th of this month was rejected by Nissan, Renault still gave up and hoped to submit a plan for the new alliance to Nissan in the next 12 months. and insisted that the integration of the resources of the two companies will maximize the benefits.

In the new plan, the two sides nominate an equal number of directors and transfer ordinary shares on a balanced basis. If passed, the French government's current stake in Renault will be reduced to 7%. Under the agreement, the new company will be established in a third country. In terms of shareholding, Nissan holds 15% of Renault's non-voting shares, while Renault owns 43% of Nissan.

Nishimura Hiroshi has been weakening Renault's control and rejected Renault's nomination of new directors to Nissan's board of directors. Nissan said in its last Ghosn arrest that Nissan's lack of internal supervision and abuse of power and misappropriation of the company's interests were due to its excessive personal power.

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