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Renault's Senard says relations with Nissan much improved

Published 06/11/2020, 05:02 AM
Updated 06/11/2020, 05:05 AM
© Reuters. Chairman of Renault SA Jean-Dominique Senard attends a news conference at French carmaker Renault headquarters in Boulogne-Billancourt
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PARIS (Reuters) - Renault (PA:RENA)'s partnership with Japan's Nissan (T:7201) has entered an "incredibly positive" phase after episodes of strained relations in recent years, the French carmaker's chairman Jean-Dominique Senard said on Thursday.

"We've put the work in, we're in an incredibly positive dynamic," Senard told a hearing in France's lower house of parliament, after Renault and Nissan presented plans to deepen their collaboration in May.

© Reuters. Chairman of Renault SA Jean-Dominique Senard attends a news conference at French carmaker Renault headquarters in Boulogne-Billancourt

Senard added that Renault was confident that car sales, which have ground to a halt during the coronavirus pandemic and ensuing lockdowns, would pick up again in France in the coming months.

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