P&A Providers & Administrators
MenuMENU
SearchSEARCH

Nissan Union Ends 16-Year Silence to Knock French Power Grab

December 2, 2015
2 min to read


Nissan Motor Co.’s hands-off labor union stepped in to criticize the French government over its power struggle with Chief Executive Officer Carlos Ghosn, issuing its first public appeal involving the Japanese carmaker’s affairs in 16 years, reports BloombergBusiness.


The French government’s “unacceptable” attempt to obtain double voting rights in Renault SA would destabilize the two carmakers’ alliance, Nissan’s union said in a statement Wednesday. The labor group last shared its views this way in response to Ghosn’s rescue plan calling for Nissan plant closures in 1999, said Hiroyuki Ohkita, president of the union.

Ad Loading...


“We hope this matter can be resolved as soon as possible so that we can reestablish the foundations of a successful alliance while preserving the independence of Nissan,” the union said.


The clash between Nissan and France’s government risks undermining one of the auto industry’s most successful partnerships. Nissan has been considering ways to restructure its alliance with Renault after the government increased its stake in the French carmaker in April. Nissan has laid out a scenario to Renault board members in October that would grant the Japanese company voting rights in its partner, reversing what’s been an alliance with one-sided control, people familiar with the situation have said.


Nissan rose 0.7 percent at the close Thursday in Tokyo trading. The shares have climbed 23 percent this year, outpacing the 14 percent gain for the benchmark Topix index.


The partnership has been held together by the unequal cross shareholdings and Ghosn, 61, the CEO of both companies. Renault owns 43 percent of Nissan, which in turn holds 15 percent of its partner. Under French law, Nissan doesn’t have voting rights for its stake.


Nissan has suggested more balanced holdings with Renault in a range of 25 percent to 35 percent to Renault’s board members, the people said. Voting rights could be revived if Renault’s stake falls to less than 40 percent, and the French carmaker is also considering that move, people familiar with the situation said.

More Industry

Photo of gray SUV plugged into public electric-vehicle charger in parking lot
Industryby Hannah MitchellJuly 21, 2026

World EV Adoption Set to Grow

A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.

Read More →
Bar chart of truck and SUV segments' weekly value change
Industryby StaffJuly 21, 2026

Black Book: Weekly Market Update

Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.

Read More →
laptop with blue car on screen on a shopping website, Clear Costs Convert
Industryby Lauren LawrenceJuly 21, 2026

Pricing Transparency Drives Purchase Consideration

An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.

Read More →
Ad Loading...
Bar graphic of used-car segment weekly change
Industryby StaffJuly 14, 2026

Black Book: Weekly Market Update

Used-vehicle market depreciation was the prevailing story in the wholesale market last week.

Read More →
Light-blue Fiat car parked on a sunny Chicago street
Industryby Hannah MitchellJuly 14, 2026

Smaller Is Looking Better

A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.

Read More →
man sitting at desk using calculator with charts in front of him, to-go coffee cup on desk, rising and falling data chart in front
Industryby Lauren LawrenceJuly 14, 2026

U.S. EV Market Slowly Stabilizes

U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.

Read More →
Ad Loading...
blue background, map of the world with connecting lights and an electric vehicle emblem in the middle
Industryby Lauren LawrenceJuly 8, 2026

Global EV Market Entering New Phase

Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.

Read More →
Bar chart showing week-over-week wholesale automotive price change
Industryby StaffJuly 7, 2026

Black Book Weekly Market Update

The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.

Read More →
Photo of Honda CR-V SUV on two-lane road next to roadside trees
Industryby Hannah MitchellJuly 1, 2026

Auto Affordability in Context

Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.

Read More →
Ad Loading...
Line chart of used-vehicle days to turn over past week
Industryby StaffJune 30, 2026

Black Book: Weekly Market Update

Automotive auction inventory increased last week, giving choosy bidders even more leeway.

Read More →