Renault-Nissan Unsure Whether Will Publish Cost-Saving Figures: Sources

www.oann.com | 6/12/2019 | Staff
PARIS (Reuters) – Renault-Nissan has not decided whether to publish figures on cost savings and other synergies achieved by the alliance over the last year, as has been its custom, two sources close to Renault said, amid growing tension in the partnership.

Over the past decade, the group has released figures each summer detailing how much money has been saved through cost-cutting, production sharing and other efficiencies, establishing it as a barometer of the health of the 20-year-old alliance.

Carlos - Ghosn - Group - Chairman - Japan

But since Carlos Ghosn, the former group chairman, was arrested in Japan and charged with corruption, relations between Renault and Nissan have frayed, raising doubts about the future of the one of the more successful auto alliances.

“People have changed, governance has changed, why go on doing exactly the same thing,” one of the sources told Reuters, referring to the annual...
(Excerpt) Read more at: www.oann.com
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