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On 12 December 2012, the Renault–Nissan Alliance became the long-term controlling shareholder of AvtoVAZ, Russia's largest car company and owner of the country's biggest selling brand, Lada. [120] According to the terms of the deal, Renault–Nissan is investing 23₽ billion (US$742 million) for 67.13% of the joint venture by mid-2014.
The alliance itself was incorporated as the Renault-Nissan B.V., founded on 28 March 2002 under Dutch law. Renault-Nissan B.V. is equally owned by Renault and Nissan. [100] On 7 April 2010, Daimler AG exchanged a 3.1 percent share of its holdings for 3.1 percent from both Nissan and Renault. This triple alliance allows for the increased sharing ...
It is part of Renault–Nissan–Mitsubishi Alliance (previously Renault–Nissan Alliance) since 1999. The French state and Nissan each own a 15% share of the company. Renault also has other subsidiaries such as RCI Banque (automotive financing), Renault Retail Group (automotive distribution), and Motrio (automotive parts).
Bloomberg first reported Renault's position. Japanese auto giants Honda and Nissan are in talks to set up a holding company, according to a person with knowledge of the matter, a move that could ...
Nissan has said that they plan to share some car platforms and jointly develop future vehicles with Mitsubishi Motors. [33] Nissan's acquisition of the 34% controlling interest in Mitsubishi Motors was completed in October 2016, when Carlos Ghosn, the chairman of Nissan, Renault, and the Alliance, also became chairman of Mitsubishi Motors. [8]
Nissan Lafesta, Nissan Serena, Nissan Sentra, Renault Fluence, Nissan Bluebird Sylphy, Nissan X-Trail (T31), Mitsubishi Outlander (2008-), Mitsubishi Lancer (2008-), Mitsubishi Outlander Sport (2011-), Dodge Caliber, Jeep Compass, Jeep Patriot, Suzuki Kizashi, Renault Koleos (2008-)
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