Time to change

Several media reported that Nissan and Renault are rethinking their alliance to adapt new era. Both Nissan and Renault have been facing difficult times for few years. For example, there are several problems of Nissan’s management. In addition, the Japanese automotive giant made a decision to scale down its production all over the world. As a result, it decided to stop manufacturing in Barcelona factories.

On the other hand, the war between Russia and Ukraine has been affecting Renault’s business. This is because the region is one of main business areas of the French company.

Even though several big car makers have been tough time especially after the pandemic, Tesla becomes the best valuable automotive manufacturer in terms of market capitalization. Therefore, it is time for Nissan and Renault to make a big decision to adapt new era.

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