Does Renault own Nissan?

[Ferocious]

I was just talking to someone who said this. He wasn't certain, and I wasn't aware of this.

Thanks in advance.

 

[ShadowHunter]

God I hope not.....the French couldn't design or build anything to save their lives...

 

[Doggiedog]

In one word...yes.

The president of Nissan is now a man name Ghosn who I believe is a Brazilian placed there by Renault.

 

[gygheyzeus]

"Following its acquisition of an equity stake in Nissan, the Renault Group now ranks among the six world leaders in the automobile industry. In addition, with its acquisition of two new brands, Dacia and Samsung, Renault has strengthened its potential for penetrating new markets and speeding up its profitable growth strategy."

 

[BigSmooth]

I believe Renault does not own Nissan outright, but they have a substantial investment in them.

 

[Migroo]

I think Renault has a 33% stake in Nissan.

 

[Pocatello]

I think Renault has done wonder for Nissan. Brought it back to profitibility and excellent line up of cars.

 

[Migroo]

Its just generally a good idea when companys share ideas and technology 🙂

 

[Shantanu]

Renault. There's a name I haven't heard in a while. I'm surprised folks here in the U.S. are aware of Renault. There were plenty of Renault's on the streets in the UK. Boy did they suck 🙂

EDIT: I just went to their website and checked out some of their cars. Guess things don't change much 🙂

The Kangoo SUV, now with a 90hp engine!

 

[worth]

Haha, Renault purchased Dacia! That is hilarious ...

 

[worth]

How hard is it to find someone who knows proper English?

 

[Hakunin]

So is there going to be a Nissan Le Car in the near future?

 

[worth]

As quoted from renault.com:

The many features available in the cabin from entry level upwards are joined, in the top-of-the-range versions, by equipment not before seen on this segment (Carminat, music systems, etc.).

ALL YOUR BASE ARE BELONG TO US !!!1

 

[toant103]

YES!!!!!!!!

I think their doing a good job. Check out the new 2002 Maxima with 6 speed and 260 HP

 

[yakko]

<< the French couldn't design or build anything to save their lives >>

I guess you have never heard of the Renault R5 rally car. The French can make a great car they just suck at customer service which tarnishes the image of their vehicles.

 

[SpongeBob]

God I hope not.....the French couldn't design or build anything to save their lives...

What are you talking about? Citroen is french designed and built, and they have some of the coolest cars ever.

 

[Migroo]

Yeah the French can design cars.

yakko is right, the R5 rally car was awesome... however, French cars of old tend to have poor build quality...

This isnt the case now though.

French manufacturers have some of the best deisel engines in the world too.

 

[kuk]

My dad has a Renault. Damn fine car.

BTW, Nissan is controlled by Renault, and the president is a brazilian. 🙂