Renaul-Nissan-Mitsubishi reboots alliance eyeing emerging electric vehicle market

Renault, Nissan and Mitsubishi plan on appointing a general secretary at the helm of their alliance in order to reboot the partnership and boost operations.

Renault is in the process of repairing its relationship with its Japanese partners following allegations of financial misconduct its earlier chairman.

“This alliance executive will be key for coordinating and facilitating several major alliance projects that are to be launched to accelerate business efficiencies for the respective companies,” said the groups in a joint statement.

According to a source close to Renault, the future general secretary has already been recruited while declining to divulge any further details.

The new head of partnership will report to the Alliance Operating Board and the group CEOs.

Created earlier this year in April, the Alliance Operating Board, is a key element in the revamped corporate governance structure set in motion by Renault and alliance president Jean-Dominique Senard, who arrived at the French carmaker in January.

The Alliance Operating Board alternates its monthly meetings between France and Japan.

A future common platform for electric vehicles is slated to be one of the alliance board’s key targets, said a source at Renault.

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