Régis Arnaud, Bertille Bayart and Emmanuel Egloff, Tokyo

The roles are suddenly reversed between Renault and Nissan, between France and Japan. Now, this is the camp, japanese calls for a renegotiation of the Alliance between the two automakers, while the French camp wants more. Emmanuel Macron, on a State visit to Tokyo before the G20 leaders meeting in Osaka, has whistled the end of the game Thursday morning. "The subject" for the Renault-Nissan Alliance, he said, "these are not the entries." "That there will be less politics, less financial, but more industry and more technological innovation!" launched the head of State.

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The Renault-Nissan Alliance is a permanent capital structure to be complex, in which Renault owns more than 43% of the capital of Nissan, which in turn owns 15% of the shares of the Diamond. The japanese group has not, however, of the voting rights in the ...