Automakers Renault and Nissan on Monday formalized their reboot
source: apnewsThe boards of both companies approved equalizing the stake each automaker holds in the other to 15%
source: apnewsbringing a better balance in the French-Japanese alliance
source: apnewsJapanese carmaker Mitsubishi Motors Corp
source: apnewsThe uneven shareholdings had been viewed at times as a source of conflict
source: apnewsUntil now, Renault Group of France owned 43.4% of Nissan Motor Co
source: apnewswhile the Japanese automaker owned 15% of Renault
source: apnews