1. Renault may block Nissan reform over boardroom dispute: source

    Renault may block Nissan reform over boardroom dispute: source

    Reuters On Jun 10, 2019 PARIS: Renault has signaled it will block reforms launched by alliance partner Nissan in the wake of the Carlos Ghosn scandal unless it is granted representation on new board committees, a source close to the French carmaker said. Renault, which owns 43.4% of Nissan, informed its Japanese affiliate in a letter signed by Chairman Jean-Dominique Senard that it planned to abstain in a shareholder vote on the plans, the Financial Times reported earlier on Sunday.

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    1. It's is not a final abstention, and Renault's position can still change.
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