French Economy and Finance Minister Bruno Le Maire delivers a speech during a high-level forum on debt at the Finance ministry in Paris, France. File photo/Reuters
Renault’s alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire’s priority ahead of any further consolidation with the likes of Fiat-Chrysler, he said on Tuesday.
“It is not in our interest at all to weaken this alliance,” Le Maire told Europe 1 radio. The French government is Renault’s biggest shareholder with a 15% stake.
Asked to comment on media reports that Fiat’s top executive had been in Paris over the weekend, Le Maire replied: “It poses me no problems at all if the head of Fiat were to spend his time in Paris.”
France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker’s alliance with Nissan, Finance Minister Bruno Le Maire said on Saturday.
Nissan Motor Co believes that attempts by Renault SA to place one of its directors on Nissan's planned governance reform committees may lead to a conflict of interest,
French automaker Renault, its Japanese partner Nissan Motor Co and tech giant Alphabet’s Waymo are exploring a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday.
The fifth edition of the region’s leading FDI event, the Sharjah FDI Forum, titled ‘Future Trends in Foreign Direct Investment’, got underway at Sharjah’s Al Jawaher Reception and Convention Centre (JRCC),
Virgin Hyperloop One (VHO), the world’s leading hyperloop company, on Monday announced its participation at Dubai Motor Show, the most definite platform in the region for international automotive exhibitors,
Artificial Intelligence (AI), sustainability and Fintech were three of the key sectors under the spotlight at the Sharjah FDI Forum 2019, which opened on Monday at the Al Jawaher Reception and Convention Centre in Sharjah.