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Renault, Nissan and Mitsubishi Confirm Commitment to Alliance

The arrest of Carlos Ghosn, former head of the Renault-Nissan-Mitsubishi Alliance, has made tons of news in the last couple of weeks. It has also laid bare the dissonance that exists between the alliance members on some issues, particularly between Renault and Nissan.

For all that’s been said and written, and will be said and written in the coming weeks, justice will have to be given the time and space to run its course in regards to Ghosn himself. In the meantime, however, the three companies involved have taken pains to reassure everyone (including investors) via a statement that they remain firmly committed to the alliance.

The statement released jointly by the three firms seeks to remind one and all how successful a marriage the alliance has been. The biggest partnership in the industry sold a total of $10.6 million last year in 200 different countries.

"The member companies are focused on collaboration and maximizing synergies to boost competitiveness. They have strategic collaborations with other automotive groups, including Germany’s Daimler and China’s Dongfeng. This strategic alliance is the industry leader in zero-emission vehicles and is developing the latest advanced technologies, with plans to offer autonomous drive, connectivity features and services on a wide range of affordable vehicles."

- Joint statement from members of the Renault-Nissan-Mitsubishi Alliance

There will be plenty developments, twists and turns to come, but for now it’s clear all parties involved share an interest in keeping the alliance intact.

In the shorter term, we await more details about the exact accusations leveled against Carlos Ghosn and the fate that awaits him.

Carlos Ghosn, CES 2018
Carlos Ghosn, CES 2018