> Renault and Nissan hail 'rebalanced' alliance to bury tensions / 338M979
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Renault and Nissan hail 'rebalanced' alliance to bury tensions / 338M979
Clip ID 2175100
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Description
In a press conference in London, French car manufacturer Renault and Japanese partner Nissan share the details of the deal they have signed to reboot their 24-year relationship, ending Renault's dominant position to equal Nissan's share in its French counterpart. 'It's a great relief' says Renault chairman Jean-Dominique Sénard, adding that 'the status quo was not possible anymore'. IMAGES AND SOUNDBITES