Automakers

Renault, Nissan, Mitsubishi defuse tension and outline 'new start'

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From left, Renault's Thierry Bollore and Jean-Dominique Senard with Nissan's Hiroto Saikawa and Mitsubishi's Osamu Masuko at a recent joint news conference in Japan.  (Reuters)
March 12, 2019 10:05 AM

YOKOHAMA, Japan – In a big step toward rapprochement, the heads of Renault, Nissan and Mitsubishi announced a new power-sharing agreement on Tuesday that charts a "new start" for an auto alliance rattled by the indictment of its former Chairman Carlos Ghosn.

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