Nissan and Renault are now equal partners. Nissan Renault CarGuidePH
Nissan and Renault have agreed to equalize the stakes they hold in each other in what could be a major step in reviving their alliance.
The move will re-balance the troubled alliance, but for Renault the benefits for the revamp are still unclear. On the other hand, for Nissan, the Japanese carmaker gets more ability to do what it wants, and is no longer in an alliance of unequal partners.
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