Yokohama — Nissan on Tuesday threw cold water on hopes for a quick-fix to its strained relations with France's Renault SA, saying inequality between the partners could unravel their two-decade-old vehicle making alliance.

Speaking at Nissan's AGM in Yokohama, its first since the dramatic ousting of former chair Carlos Ghosn in 2018, CEO Hiroto Saikawa said he wanted to preserve the spirit of equality in the alliance, despite a shareholding structure that Nissan has long seen as lopsided.

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