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.
Mubadala Investment Company, through its healthcare arm, has signed a memorandum of understanding (MoU) with Nirvana Travel and Tourism to formalise their intention to collaborate on projects that will support a key Abu Dhabi Vision 2030
Etihad Credit Insurance (ECI), the UAE Federal credit insurance company, has signed a Memorandum of Understanding (MoU) with Mohammed Bin Rashid School of Government (MBRSG) to jointly build a framework of excellence
German automaker Daimler plans to build Mercedes Benz branded heavy trucks in China by revamping truck plants owned by its local joint venture (JV), according to a document seen by Reuters and two sources familiar with the matter.
The Dubai International Financial Centre (DIFC) Courts on Sunday released its figures for the first half of 2019, with a total volume of 463 cases across all divisions for the first six months of 2019, a 25 per cent increase from the first half of 2018.