Renault-Nissan Alliance

The Renault-Nissan Alliance is a strategic partnership between two major automobile manufacturers: the French company Renault and the Japanese company Nissan. Formed in 1999, the alliance allows both companies to collaborate on technology, resource sharing, and vehicle development while maintaining their individual brands and operations. This cooperation helps them reduce costs, increase competitiveness, and innovate in areas like electric vehicles. The alliance has expanded to include Mitsubishi Motors, enhancing its global reach and capabilities in the automotive industry. Overall, it represents a significant collaboration aimed at navigating the challenges of the rapidly evolving car market.