09-06-2019 20:00 via news.yahoo.com

Renault rift with Nissan widens over governance, casts shadow on alliance

TOKYO/PARIS (Reuters) - The two-decade-old partnership of Renault SA and Nissan Motor Co was plunged into fresh crisis on Monday, as the French automaker's demand for a greater say in Nissan's new governance system drew rare public censure by the Japanese firm.Renault, which owns 43.4% of the Japanese firm, signaled it would block Nissan from formally adopting an overhauled governance structure at a June 25 shareholder meeting - unless Renault received representation on new Nissan committees.
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