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Top related persons:
Gonzalo Fuentes - 2 France's - 1 Ampere - 1 Daniel Leussink - 1 Christian Schmollinger - 1 Gerry Doyle - 1 carmaker - 1 Dominique Vidalon - 1
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Le Coteau France London China
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Renault - 2 Nissan - 2 REUTERS - 2 Rights - 2 Mitsubishi - 2 Thomson - 2 France's Renault - 1 Mitsubishi Motors - 1

Search resuls for: "Le Coteau"


2 mentions found


☆ Renault cuts Nissan stake to 15% after transferring shares to trust
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +2 min
FILE PHOTO-The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Le Coteau, France, July 13, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsTOKYO, Nov 8 (Reuters) - France's Renault (RENA.PA) has cut its stake in Nissan (7201.T) to 15% from about 43% by placing 28.4% of the Japanese automaker in a French trust, the companies said in an alliance statement, putting them on equal footing. The new agreement for the restructured alliance between Renault, Nissan and their junior partner Mitsubishi Motors (7211.T) came into effect on Wednesday, the car makers said in the statement. The companies had already said in January that Renault would put roughly 28% of Nissan in a French trust to make them more equal partners. ($1 = 0.9359 euros)Reporting by Daniel Leussink; Editing by Christian Schmollinger and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
Persons: Gonzalo Fuentes, France's, Ampere, Daniel Leussink, Christian Schmollinger, Gerry Doyle Organizations: Renault, Nissan, REUTERS, Rights, France's Renault, Mitsubishi Motors, Mitsubishi, Thomson Locations: Le Coteau, France, London
☆ Renault ends common purchasing agreement with Nissan and Mitsubishi
  + stars: | 2023-09-26 | by ( ) www.reuters.com   time to read: +1 min
The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Le Coteau, France, July 13, 2023. Renault and Nissan finalised at the end of July the terms of a restructured alliance after months of negotiations. Talks dragged on months longer than expected due in part to Nissan, which was concerned about protecting its intellectual property in future collaborations. The July agreement freed both companies to focus on the more pressing problem of navigating the fast-changing industry landscape. Reporting by Dominique Vidalon;additional reporting by Gilles Guillaume Editing by Sudip Kar-Gupta and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: Gonzalo Fuentes, carmaker, Dominique Vidalon, Gilles Guillaume, Sudip Kar, Gupta, Mark Potter Organizations: Renault, Nissan, REUTERS, Rights, carmaker Renault, Mitsubishi, Thomson Locations: Le Coteau, France, China
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