French state seeks to grab 20% of Renault-Nissan


The French government has reportedly irked Nissan and caught Renault board by surprise in move to double its stake and clout in the carmaker.

Reading articles is for subscribers only. Subscribe now.

The French government’s move to expand its voting control at Renault is roiling the delicate balance of power in the car maker’s partnership with Nissan, one of the auto-industry’s most successful cross-border alliances, reports The Wall Street Journal.