Yokohama — Nissan is committed to its carmaking alliance with Renault but will not look to deepen its capital ties with the French carmaker any time soon, new CEO Makoto Uchida said on Monday.

On his first day in the new position, CEO also pledged to repair profitability at Japan’s number two carmaker and said setting realistic targets would be key towards that goal, as it tries to make a clean break from the leadership of former chair Carlos Ghosn...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.