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Nissan, Renault Alliance Shake-Up to Give Each Company More Independence

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Nissan and Renault will have equal stakes in one another in a restructured alliance, as the Japanese and French auto makers seek different types of partnerships amid technology shifts WSJWhatsNow

LONDON— Nissan Motor Co. and Renault SA unveiled on Monday a long-planned restructuring of their two-decade-old alliance—a decoupling that falls short of a full divorce but gives each car company more autonomy after years of tensions.

, reflects a changing landscape in which alliances to build millions more gasoline-powered cars are no longer so valuable. Instead, new types of partnerships in batteries, electric-vehicle technology and software have grown in importance.

 

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