Nissan, Renault heads hold press confab on tie-up

Nissan, Renault heads hold press confab on tie-up

Nissan Motor Co. President Yoshikazu Hanawa, right, and Renault SA Chairman Louis Schweitzer, left, hold a press conference in Tokyo in the afternoon of March 27 after both signed a broad agreement that calls for the French automaker to take a 36.8 percent equity stake in the debt-ridden Japanese carmaker. Under the accord, Renault will invest 643 billion yen (about 5.4 billion U.S. dollars) in the Nissan group. ==Kyodo

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