The operational board of the Renault-Nissan alliance will meet at the end of January: Senard

FILE PHOTO: Renault President Jean-Dominique Senard attends a joint press conference of the heads of Renault, Nissan and Mitsubishi in Yokohama, Japan on March 12, 2019. REUTERS / Kim Kyung-Hoon

PARIS (Reuters) – Renault (RENA.PA) President Jean-Dominique Senard said on Thursday the Renault-Nissan operations board (7201.T) the alliance would meet at the end of January to decide on joint industrial initiatives.

Senard refused to go into details about what these joint projects could be. He said the cost savings could be “substantial” in the future, but did not give more details.

Senard emphasized to reporters that he was no longer worried about the future of the French automaker’s alliance with his Japanese partner, and added that all parameters were now in place for him to succeed.

Sarah White Report; Written by Benoit Van Overstraeten; Edition by Matthias Blamont

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