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Renault board backs plans to reshape alliance with Nissan - source

February 5, 2023 4:36 PM EST

FILE PHOTO: The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko

LONDON (Reuters) - Renault's board voted in favour on Sunday to reshape the French carmaker's alliance with its Japanese partner Nissan, a source said.

The agreement, which will retool the two-decade-old alliance, still needs backing from Nissan's board before it is formally unveiled on Monday in London.

(Reporting by Gilles Guillaume, editing by Leigh Thomas and Diane Craft)



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