Earlier, Uchida and Renault interim CEO Clothilde Delbos said there would be a thorough review of alliance operations and product plans, with “no taboos” as to what might be cut or postponed. Luca de Meo, the former CEO of Volkswagen’s Seat brand, will become Renault CEO in July, with Delbos as his deputy.
Citing sources familiar with the situation, the newspaper said Nissan could close factories in Spain, and the Renault brand could withdraw from the Chinese market, where Nissan is relatively strong.
Bloomberg reported in October that Nissan was gauging interest from potential buyers for its factories in Sunderland, England, and Barcelona, Spain, and that divesting one or both facilities was an option as Nissan’s market share in Europe has plummeted. Potential buyers could include Chinese automakers, sources told Bloomberg.
Renault returned to China in 2016, a market it had previously left to Nissan, when it opened a factory in Wuhan with Dongfeng Motor. Former…