Renault divests from Nissan stake in strategic alliance realignment

Internal tensions within the group surfaced, including the French state’s increased stake in Renault in 2015 and the 2018 arrest of leader Carlos Ghosn in Japan on suspicion of financial misconduct, followed by his subsequent flight from the country. As part of the rebalanced alliance, Nissan reciprocated by taking a stake in Renault’s new electric car division, named Ampere