The Nissan-Renault Shakeup, Explained in Five Minutes | WSJ

Renault CEO Luca de Meo and Nissan CEO Makoto Uchida spoke to The Wall Street Journal about the reorganization of their alliance in a deal that gives both companies more autonomy. The alliance was plagued by rivalry and suspicion, rising when Carlos Ghosn was ousted as the companies' leader.
WSJ’s Nick Kostov explains the factors behind the decision and what it means for auto makers and investors.
Photo Composite: Adele Morgan
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#Nissan #Renault #WSJ

[@tshikosiphathutshedzotshik1396]

In South Africa, Nissan runs an under utilised manufacturing plant while Renault is selling lots and lots of imported models. If they can share plants and dealerships to reduce import duties and sales costs, they'd stand a chance against a wave of Chinese autos.

[@garlandstrife]

Nissan was ruined when it joined Renault, it lost its soul and reliability.

[@PolYGame]

I love how they have to compete who did lost more money haha

[@ClickLikeAndSubscribe]

Came here for this comment ☝️

[@robertpatrick3350]

Hopefully Nissan’s build quality can recover after the departure of Renault.

[@i1bike]

bye bye 1.5 dci engine

[@-SP.]

Nissan's mostly just have a transmission issue, their engines are fine

[@N1ckZ]

After Carlos Ghosn left from both companies, both of them started making much higher quality cars (at least in Europe). The new Renault models are now just as good, if not better in terms of quality than Volkswagen. The new Nissan Ariya, X-Trail and Qashqai all have great quality interiors, much better than Toyota and I would say they are comparable to Lexus (on the top spec Techna+ models)

[@mdsoulsounds]

Always felt like Nissan was smothered by Renault and it’s Euro French aesthetic and business culture. Nissan will rise again, on its own!

[@this_dude5307]

This should have been resolved years ago, but better late than never. I'm happy that Nissan is finally getting more freedom, especially since they are larger than Renault as a whole globally and have a major presence in the US, where Renault has been absent for over 30 years, although Renault's Alpine brand is planning on coming to the US by 2027 or 2028. This will be a huge milestone as it will mark the first time an actual French car brand has sold cars in the US since Peugeot's exit in the early 90s. Hopefully, the Renault brand will return to the US as well.

[@AtillatheFun]

The same Nissan that threw their CEO under a bus? I dont know why Renault is still trusting these clowns and the clowns that run the Japanese "justice" system.

[@this_dude5307]

@Mani Carlos Ghosn was ruining Nissan management-wise and quality wise too. He is the main cause of why Nissan is struggling and he did a bunch of illegal acts so it was obvious that he needed to go. With him gone, Nissan along with Mitsubishi and Renault are both going to make a recovery.

[@AtillatheFun]

@@this_dude5307 He turned Nissan around. Do you not know of his multi-step plan to revitalize Nissan? It worked.

[@wyw201]

Nissan is a dark swamp lol, Carlos is lucky to get out.

[@this_dude5307]

@@AtillatheFun He only helped when Nissan was near bankruptcy. Granted he did help the company financially a few years after the alliance was formed, but later he started to make some bad decisions and began to hammer Nissan’s overall business. He was literally chasing after how many units Nissan can sell. There’s also a reason why Nissan at one point had that reputation for being a car brand that people with bad credit can buy. They also sold a lot to rental fleets and incentivized them too, and as a result their resale value was diluted badly. And he didn’t even focus on making the cars good, he just kept milking the same old designs with such cheap low quality. As an example, look at the 2013 Nissan Versa. That car basically summed up how Ghosn ran the company. On the other hand, the new Nissan Versa is not only better looking, but also has better quality too.

[@jamieoconnor1916]

A fantastic indepth analysis thanks guys😀👍Say what you will about carlos , He did turn Nissan around and make both renault and nissan profitable but at expense of nissan's identity😀😎

[@Mabeylater293]

He stole reliability from Nissan customers. He’s a crook. The public eventually caught on. He’s not a winner. He’s a shister.

[@cococly]

No mention of Mitsubishi motors in this video, even though the CEO, Takao Kato, was there in the press conference.

[@pillarman]

Mitsubishi is a dead brand my guy

[@this_dude5307]

@Arunprasadh No they are far from that. They have a solid presence in Southeast Asia. And their sales numbers are improving in the US as well.

[@hc8714]

@@this_dude5307 they are rebadging every model they have. Its getting better but the its actually prettier at the outside only.

[@redosorio5278]

Die?! Come to South East Asian, almost all of the car on the road are Mitsubishi.

[@anni-eb7xp]

Mitsubishi is the very reliability and not die brand my friend

[@aaronlopez492]

Blah, blah, blah lots of talk. What about quality control. What and how will they resolve the subpar engineering and bad product.

[@YangwanAuto]

Indeed

[@djzrobzombie2813]

True

[@bsjddjk]

nissan as a Japanese brand is known for reliability whereas renault reliability is not great I don't know where this alliance will go

[@DBDYAKU]

Nissan wasn’t reliable as Toyota Honda and mazda

[@bsjddjk]

@@DBDYAKU yes but as per global standards they're still far more reliable than french & british brands

[@mikefire98]

@@DBDYAKU It was when it was Datsun.

[@munzurharck368]

​@@DBDYAKUbut more than all French cars!

[@guilhermetavares4705]

I hope this will give more freedom to Nissan in Brazil. Renault sells a lot more here and Nissan is not among the major automakers.

[@nomsi4263]

I hope this goes well. Rooting for nissan

[@littledudefromacrossthestr5755]

Y?

[@Sanyu-Tumusiime]

@@littledudefromacrossthestr5755 do you want 100 million new refugees fleeing into America? Japan's entire economy will collapse without the car industry

[@Jan96106]

@@littledudefromacrossthestr5755 Despite all the negative comments, a lot of people like Nissan vehicles.

[@whatever_12]

Some of the recent renault & nissan car are just okay enough. Nothing to get you excited or even competitive price wise.. With a short warranty and poor after service

[@K4R3N]

Yes, but at least they are simple cars to operate and slightly more "sporty" than Toyota.

[@BakruChannel]

I'm driving renault pulse (india) aka nissan micra (india) which is one of the best hatchback to drive but renault couldn't sell it may be due to marketing or may be very slow upgrade... but eventually kwid, tribes, and kiger makes good come back. Irrespective of my car discontinued I can bet renault pulse is one of the best hatchback to drive in india

[@ogchirag]

Renault Kwid has been discontinued

[@ZAR556]

imho,, the true winner from this alliance is Renault Renault get leaps on technicality, technologies and expertise from Mitsubishi and Nissan while Nissan and Mitsubishi probably just receive money from Renault, which *was* they desperately need

[@athenaqilin8354]

Within 5 years, BYD or Geely will buy both of them out.

[@yodesuyo]

they have rich countries backing them so no, they will never sell

[@-SP.]

Nope, the Japanese government won't allow that to happen in Nissan's case. They actually tried to convince Honda before to buy them out, but Honda wasn't interested.

[@Xunxunism]

BYD and Geely have not started making a sizable cut in international market.

[@-SP.]

@@Xunxunism Geely owns Lotus and Volvo, so they are doing it indirectly

[@Xunxunism]

@@-SP. Lotus is dead. Volvo cars dept sold to Geely, not a big presence in major market.

[@SRDUSA]

No survival, for both, without Ghosn.

[@TakuCoding]

I hope they do away with the CVT transmission, that's all I ask

[@Realwessharpe]

You know they won't. RIP Nissan, the damage has been done.

[@K4R3N]

I hate CVT

[@drury2d8]

Stockholm syndrome with jatco

[@MuhammadIrfan-ye5zf]

Jatco CVT is here to stay sadly

[@evanparker-nc1zt]

YOU KNOW I DON'T MIND THE CAT FIGHT OR DOG FIGHT BUT THE REFREE HAS TO BE A DIFFERENT REFREE .....(NON-BIASED NOT DISEASED). PERIOD. CLEAN.

[@honestjoe632]

And how does Mitsubishi fit into this new soup???

[@Realwessharpe]

Bye bye

[@K4R3N]

Who?

[@DeadAir21]

Mitsubishi technically falls under the Nissan umbrella since Nissan is the majority owner or Mitsubishi.

[@PhilMoskowitz]

Find out how now at your local "Nissan-Mitsuibishi-Renault" dealership.

[@PhilMoskowitz]

Going by the AMC-Renault partnership, so long Nissan.

[@auro1986]

the shakeup brought carlos to work for wsj

[@dabdoube92]

Wut ?

[@chrislack7219]

Nissan went from my go-to company for a reliable vehicle to one I'm skeptical of after the Renault partnership and meddling.

[@jaydibernardo4320]

Nissan quality sure went downhill since the Renault partnership. Nissan used to make reliable vehicles, right up there with Toyota & Honda. Nowadays Nissans are absolute rubbish & as Scotty Kilmer would say, "Endless money pits as they age".

[@elijahelie7545]

So true

[@ZQQHello1919rty]

Both car brands are not that desirable and don’t have strong brand awareness, they will we eventually fold. I guess in ten years time

[@RedRyz3n]

Maybe the Japanese government should just bail them out and buy them out in a 5-10 year restructuring deal that includes firing all of management and restructuring that mess. Then setup a plan for Nissan to buy itself back from the government and be independent again under full Japanese control.

[@navi947]

Nise news

[@memerjod3762]

In INDIA Nissan and Renault both are in a edge of an exit coz both brands car ain't selling much as they expected . Last launched new model is about a year ago There mostly exporting manufactured car here than selling it here .

[@MuhammadIrfan-ye5zf]

India is big continent where it's demography is very unique. A model that sells in India sometimes do not sell well globally, and vice versa. Whover going to India, will have to invest now model just to cater indian market.

[@Phil-D83]

If anything, nissan got worse and the others (Renault, Mitsubishi) got better. Nissan is a shadow of its former self.

[@edenfinch5299]

There's no point doing a lot of innovation if it cars model come and go and no marketing campaign. Look at Nissan in indonesia

[@happyatheists9361]

Quality goes 👇

[@Idaho900]

Good thing Renault has 15% now, which leaves nissan to make most of the decisions for themselves.

[@TenzWang88]

Renault just need new brand logo and Nissan just need new Cvt transmission that build better than Honda and Toyota. introduced new cvt trans at world stage and give 10 years warranty on cvt transmission. I bet they can sell more cars than before.

[@V5mGpYp]

old saying in the car business about the French auto industry "they follow no one and no one follows them".....

[@poopsie117]

Ah yes, Renault and Nissan … so much to learn from each other’s dying businesses! 😂

[@dikoman516]

Don't know about Reno but I don't see Nissan dying. So many Nissans of all kinds on the road.

[@good-tn9sr]

@@dikoman516 yea but they sell to people with low credit who don’t really pay back their loans

[@poopsie117]

@@dikoman516 id say theyre arguably dying. sure theres plenty of Nissans on the road but its like 80% older muranos, rogues, altimas and sentras, 10% newer sentras, and like 10% those newer stupid-named/stupid-lookin kicks and jukes for those with poor taste. Nismo is sorta carrying but even then, with their new GTR refresh you can see its getting stale too.

[@Jan96106]

@@poopsie117 That's your opinion. I think Nissan cars and SUVs are some of the best-looking cars around. I own a Kicks. I get 43.4 MPG.

[@Jan96106]

@@good-tn9sr I paid cash for my Nissan. What does your comment have to do with Nissan's on the road anyway?

[@containedhurricane]

They need to keep up with Tesla

[@user-cl1lt3mm2f]

系列部品メーカーの惨状を鑑みると、終わりの始まりに見えてしまいました。 初期の日産に、親類が絡んでいるだけに、残念です😢

[@VIP-vl5bl]

It's clearly Renault and Nissan lost their way after taking down Carlos Ghosn, the both CEOs cannot even make eyes contact..

[@dansu92833]

Didn’t they heard from consumers? Ditch the CVT and you’ll gain revenues again.

[@K4R3N]

They can't, fuel efficiency

[@dansu92833]

@K4R3N Tried 2007 Xtera on freeway, and you'll understand what Nissan can do without pice of junk of cvt.

[@K4R3N]

@@dansu92833 I had a G37 long ago. That was a sweet v6

[@Jan96106]

@@K4R3N I get 43.4 MPG on the highway with my Nissan CVT.

[@sizzlacalunji]

@@K4R3Nthey did for the Pathfinder at least.

[@DingoAteMeBaby]

does Renault even sell cars outside France?

[@mintberrycrunch6657]

do you ever read anything about places not in the US?

[@j2times2006]

Renalt ruined Nissan. Nissan in the 90s were making fantastic cars. Now they make uninspired cheap junk

[@SuperEman500]

Uninspired and unreliable. 1990s Nissans were on point.

[@leandroperalta]

We should all be software developers, not necessarily as a profession, but as a form of literacy. Learn to control your computers or ChatGPT and its successors will control you. 😆

[@katateo328]

haah, vay cuoi cung thi cai vu lum xum kia ket qua the nao ha cac dong chi??

[@Shambles7698]

I want new Nissan SUV 🔥

[@philippesails4973]

The Monday quarterbacks comment are hilarious! Funny how anything relating to cars triggers the „most brainy“ men! 😂😂😂

[@Max-ve5tu]

Japanese work culture with French laziness seems a strange match!

[@djzrobzombie2813]

Haha true

[@thomashollingsworth6235]

I own a 2019 Nissan Titan, XD pro 4X with the diesel, I personally think it’s the best truck out there it’s underrated and there’s very few problems if maintains correctly. I really feel that Nissan should have gave this truck more time. I get so many compliments from people that own Ford and Chevys and Dodge . as you can see in the photo, I tow a fifth wheel, and No matter where I go people always wanna know about the truck and how it’s doing. it’s my retirement, truck.👍

[@K4R3N]

This "marriage" needs a divorce worse than mine ! 😂

[@joemarvincentserrano8518]

Renault join forces with Nissan 🇨🇵🤝🏻🇯🇵

[@wyw201]

Join forces? What have they been doing in the past 20 years?

[@joemarvincentserrano8518]

@@wyw201 It's our join forces from then and now like Renault and Nissan led by the Mitsubishi Motors Corporation in Japan

[@wyw201]

@@joemarvincentserrano8518 Why would this partnership be led by Mitsubishi? Mitsubishi wants to sell off its automotive business.

[@joemarvincentserrano8518]

@@wyw201 No it's own group company from the Renault-Nissan-Mitsubishi Alliance

[@edgradascevic708]

Doomed from the start

[@Michelle_Wellbeck]

AI voice here. WSJ not paying narrators now

[@grandiora]

Finally time for Asians to be treated as equals and not as second hand citizens for another 20 years

[@drury2d8]

both companies make rubbish cars.

[@aom808]

Long Toyota

[@killurass1]

You're a wallstreet journalist and you don't even know how to pronounce Carlos Ghosn's name.

[@midengineZ06]

Hopefully Nissan Reliability Recovers from the French WAY OF QUALITY

[@bubujibujibuji958]

After Renault Nissan married give birth to r35

[@josech]

Sweet divorce

[@ps3301]

Let them go bankrupt

[@Futuristbillpicone]

GM 🇺🇸 GM 🇺🇸 GM 🇺🇸 GM 🇺🇸 GM 🇺🇸

[@PeterXiao1]

Nissan needs to consolidate with Japanese counterparts. Japan has too many car companies

[@Jan96106]

There can never be too many Japanese car companies.

[@PeterXiao1]

@@Jan96106 You have no clue. Having too many smaller automakers can't compete with newer and agile rivals in the EV sector

[@munzurharck368]

Renault🤮🤮🤮

[@mr.wonderful4737]

Nissan deserves to go bankrupt.

[@zylasy]

Word spreads really fast with AMM77X doesn't it?

[@muammereymenyildiz9808]

We really need to talk about Amazons AMM77X I think it's going to make 2023 to be the best year of the entire 2000-range

[@ytn00b3]

Renault should have killed Nissan brand and sack these unprofitable Nissan lines.

[@yldrm-su6br]

I was sure last year would end terrible for me but I think Amazons AMM77X is spot on with what they do and how they do it. Can't say for how long it's going to work and for sure it is overyhped right now but even if just half a year or something it would be smart to ride the wave and then jump away eventually, but the reason why this is smart right now is because it's so cheap, won't ever find a better entry than now

[@gulbeyazbaykan5498]

When stocks and common assets decrease 70-90% Amazons AMM77X is actually the counter to that. Hope you guys knew that already, if not you do now

[@LuciFeric137]

Hahahahaha. 2 weak players team up to make a large weak company. Haggling over an EV startup while Tesla eats their lunch.

[@YangwanAuto]

Tesla BYD saic ...

[@djzrobzombie2813]

True

[@beezanteeum]

​@@YangwanAuto Tesla, BYD, and SAIC got beaten by Hyundai Kia alliance

[@asimcavdar4097]

Interesting talk about Amazons AMM77X I suggest anyone to listen to the guy talking about it in the video. Personally I didn't think they would really do that but seems like the launch just happened and there are enough slots available, could be worth huh

[@hakankurnaz4411]

With almost 60 years of age I kept my doubts on the current environment. But Amazons AMM77X is seriously smart, it doesn't matter how old you are, this will provide for you and your family which is my only goal in the last years I have to make sure the children are fine

[@belinay_vlogsg123]

2023 is really surprising me now that Amazons AMM77X hit the road. After all these years of barely reading anything good I was usually just shutting down any type of media influence as much as I can but this brings back good lights and it should give hope to some of you that no matter what is going on in the world at the end something good comes to surface

[@isakaraaslan2975]

I want to let you know that Amazons AMM77X made it this year. Any better way to start a global change? Don't get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so much more. We need players like them and we can always jump in the train at good spots such as this one

[@beratkaratarla222]

If Amazons AMM77X is everywhere you should probably ask yourself why that is the case? Obviously the move we have here is beyond what we had in the last 10 years or so. This comes with a plan, a plan which will make us survive when we can finally make own decisions and start to become independent. I know it sounds a bit odd that THIS company out of all of them is endorsing this living style but if you follow the lead you might understand why and how that works. I'm just leaving this here, might be useful to some

[@efekaya9393]

If you are into it or not does not matter, Amazons AMM77X is the right thing for this world now

[@Quica-x9y]

Needless to say Amazons AMM77X is the best thing this year. Yes I don't care if this is related to the video as long as I can help someone for real

[@rf8003]

Nissan car design is stale...

[@Playerbrk]

I was sure last year would end terrible for me but I think Amazons AMM77X is spot on with what they do and how they do it. Can't say for how long it's going to work and for sure it is overyhped right now but even if just half a year or something it would be smart to ride the wave and then jump away eventually, but the reason why this is smart right now is because it's so cheap, won't ever find a better entry than now