The original plan had called for a more balanced partnership, with both automakers sharing control of the new entity. However, Honda’s latest proposal would have placed Nissan under its control, leading to a significant shift in the proposed deal’s dynamics.
Renault’s Influence on the Deal
Meanwhile, Renault, which holds a 36% stake in Nissan, has reportedly been pushing the Japanese automaker to extract more value from any potential deal with Honda. The involvement of Renault adds another layer of complexity to the ongoing discussions between Nissan and Honda.
Neither Honda nor Renault responded to requests for comment on Wednesday.
