Renault will vote to back Nissan's move to give it boardroom seats

News Service
17:14, 20/06/2019, Thursday
REUTERS
Renault will vote to back Nissan's move to give it boardroom seats
The logo of French car manufacturer Renault

French carmaker Renault , which is looking to preserve and strengthen its alliance with Nissan, said it would vote in favour of a move by Nissan to grant Renault's representatives a seat on the committees of the Nissan board.

"Groupe Renault welcomes Nissan's decision to grant Renault's representatives a seat on the committees of the Nissan board, which will be presented to the general shareholders' meeting on June 25," Renault said in a statement.

"The agreement reached on Renault's presence in Nissan's new governance confirms the spirit of dialogue and mutual respect that exists within the Alliance," added Renault, whose merger talks with Fiat-Chrysler broke down this month.

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