Nissan CEO says talks with Renault continue, sees chance to strengthen partnership By Reuters


© Reuters. FILE PHOTO: The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko/File Photo


NEW YORK (Reuters) – Nissan (OTC:) Motor Co Chief Executive Makoto Uchida said on Thursday the Japanese automaker remains in talks with France’s Renault (EPA:) over restructuring their alliance, but declined to comment on the likelihood of a deal this month.

“We would like to enhance how we can be stronger together,” he said to Reuters from New York.

Nissan is considering taking a stake in a new electric car unit that Renault is looking to carve out. Sources previously told Reuters the carmakers are readying plans to announce a potential restructured alliance this month.