Renault Nissan Partnership
In 1999, Renault bought a controlling interest in Nissan at 44% of the shares. This merger raised several questions about the two companies from different countries and their methods of manufacturing and business practices in how they could co-exist and profit from one another. Now, the merger has proven to be the "most successful partnership in the global automobile industry" (Nissan News, 2005). During research for this paper, not much if any negative information surfaced. There have been some difficulties along the way of factory closing and elimination of redundancies but overall, Nissan and Renault have improved their standing in the marketplace and have improved their profitability, technology utilized, and image within the automobile industry.
Nissan was on the verge of bankruptcy before the merger. The company had been unprofitable throughout the 90's and was in debt in excess of $22 billion. Since the merger, Nissan has turned around to......

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Title: Nissan Renault
Approximate Word Count: 782
Approximate Pages: 4 (250 words per double-spaced page)

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