Renault CEO confident in Alliance with Nissan and Mitsubishi

Thursday, 30. July 2020 10:46

The Chief Executive Officer of French car company Groupe Renault Luca de Meo (pictured) stated on Thursday he is sure that the alliance with Japanese partners Nissan and Mitsubishi will prove that it is worth for all participants.

Speaking on a conference call with analysts, de Meo noted that during the time the result of "operational and pragmatic work" will be evident adding he is "confident we can give a lot to one another."

However, since Nissan and Renault both reported quarterly net losses he stressed that "the first priority is for both companies to focus and fix their miseries internally."

Related Links: Nissan Motor Co. Ltd.Renault S.A.
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Breaking the News / TF