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Renault–Nissan–Mitsubishi Alliance

The Renault–Nissan–Mitsubishi Alliance, originally known as the Renault–Nissan Alliance, is a French-Japanese strategic alliance between the automobile manufacturers Renault (based in.1

Last updated Oct 18, 2026.

Overview

Mar 27, 1999Founded1

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The Renault–Nissan–Mitsubishi Alliance, originally known as the Renault–Nissan Alliance, is a French-Japanese strategic alliance between the automobile manufacturers Renault (based in Boulogne-Billancourt, Île-de-France, France), Nissan (based in Yokohama, Kanagawa, Japan) and Mitsubishi Motors (based in Minato, Tokyo, Japan), which together sell more than one in nine vehicles worldwide. Renault and Nissan have been strategic partners since 1999, have nearly 450,000 employees, and control eight major brands: Renault, Nissan, Mitsubishi, Infiniti, Renault Korea, Dacia, Alpine, and Venucia. The car group sold 10.6 million vehicles worldwide in 2017, making it the leading light vehicle manufacturing group in the world. The Alliance adopted its current name in September 2017, one year after Nissan acquired a controlling interest in Mitsubishi and subsequently made Mitsubishi an equal partner in the Alliance.2

How it started

History

The Alliance began on 27 March 1999. At the time, the auto industry was in a period of rapid consolidation. Numerous companies merged or were acquired in high-profile deals, most notably Daimler's merger with Chrysler in 1998 (which dissolved in 2007, when the companies separated).

At the time it was created, Renault bought 36.8% of Nissan's outstanding stock for $3.5 billion pending court approval and Nissan vowed to buy into Renault when it was financially able. In 2001, after the company's turnaround from near-bankruptcy, Nissan took a 15% stake in Renault, which in turn increased its stake in Nissan to 43.4%.

In 2002, the Alliance created the Renault–Nissan BV (RNBV), a strategic management company to oversee areas such as corporate governance between the two companies. Based in Amsterdam, it is owned 50/50 by Renault and Nissan and provides a neutral location for the Alliance to exchange ideas, build strategy and help leverage the maximum synergies between the two companies.

In 2006, the Alliance began exploratory talks with General Motors regarding the possibility of creating an industrial alliance. The talks were instigated by GM minority shareholder Kirk Kerkorian. GM reportedly demanded payment of several billion dollars to engage in an alliance, prompting Ghosn to call the terms "contrary to the spirit of an alliance." Discussions ended without agreement in October 2006, when Ghosn said, "It's clear the two sides have completely different appetites for an alliance."

Since 2010, the Alliance has undertaken a number of projects as part of a strategic cooperation deal with the German Daimler AG company.

From Wikipedia’s article on Renault–Nissan–Mitsubishi Alliance, shared under CC BY-SA 4.0.2

Timeline

  1. Mar 27, 1999Founded Founded1

Sources

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