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YURI KAGEYAMA,Associated Press
A Nissan logo design is seen in Yokohama, near Tokyo, on July 17, 2023. Nissan and Renault officially redefined its French-Japanese automobile partnership to an extra equivalent one in cross-shareholdings, both sides claimed Wednesday, July 26, 2023. (AP Photo/Eugene Hoshiko)
TOKYO (AP)– Nissan plans to spend 600 million euros ($ 663 million) in Ampere, Renault’s electrical automobile and software application entity in Europe, to assist develop extra equivalent cross-shareholdings in the French-Japanese automobile partnership, the firms claimed Wednesday.
The adjustment will certainly finish a variation that had actually triggered rubbing in between the car manufacturers.
Renault Group and Nissan will certainly maintain 15% cross-shareholdings in each various other, and Renault will certainly move 28.4% of its Nissan shares right into a French count on, to maintain ballot civil liberties of each side at 15% of the overall, the firms …
