Nissan Renault Mitsubishi motors alliance are coming to form a new company which deals with the research and development of advanced technologies on automotive technologies in the world.The plan for the project will be announced by the french Japanese alliance by January.
The companies too have an aim of strengthening the relationship between them,which got faded by bringing down the former supremo "Carlos Ghosn'' behind the bars.He has been gone under the bars by charging case against financial misconduct,even though he had denied the statement he had been locked under the bars.In order to heal all the past bitter experiences and boost the cooperation and joint operations of the partner's, the company had appointed a general Secretary. Nissan had put down a new team based on leadership skills on Sunday Which was leaded by 53 year old ''makoto uchida',who ran the automaker's china.New chief executive will be appointed by the clotilde Delbos,head of finance, Renault who was in charge on interim basis.
The origin of the three tier partnership had been started from 1999 by buying the outstanding stock of Nissan by Renault while Nissan was bankrupt,Later in 2001 when the company had become financially stable Nissan had brought 15% stake in Renault.In 2017 Mitsubishi was acquired by Nissan which brought mitsubishi in alliance.
This new venture will be helping the company in order make out new technologies in auto market and also will be preparation for upcoming e-vehicle segment which started to bring huge changes in recent years in the automobile market.The venture would help the company in order to study the upcoming technologies and pave way for innovative idea's out latest technologies.Auto experts quoted this may help the company in order to strengthen even more in the global auto market from its competitors.
The companies too have an aim of strengthening the relationship between them,which got faded by bringing down the former supremo "Carlos Ghosn'' behind the bars.He has been gone under the bars by charging case against financial misconduct,even though he had denied the statement he had been locked under the bars.In order to heal all the past bitter experiences and boost the cooperation and joint operations of the partner's, the company had appointed a general Secretary. Nissan had put down a new team based on leadership skills on Sunday Which was leaded by 53 year old ''makoto uchida',who ran the automaker's china.New chief executive will be appointed by the clotilde Delbos,head of finance, Renault who was in charge on interim basis.
The origin of the three tier partnership had been started from 1999 by buying the outstanding stock of Nissan by Renault while Nissan was bankrupt,Later in 2001 when the company had become financially stable Nissan had brought 15% stake in Renault.In 2017 Mitsubishi was acquired by Nissan which brought mitsubishi in alliance.
This new venture will be helping the company in order make out new technologies in auto market and also will be preparation for upcoming e-vehicle segment which started to bring huge changes in recent years in the automobile market.The venture would help the company in order to study the upcoming technologies and pave way for innovative idea's out latest technologies.Auto experts quoted this may help the company in order to strengthen even more in the global auto market from its competitors.
Word count less than minimum needed 400. Also too many issues related to capitalization, sentence construction, grammar etc. Clean up the entry and update.
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