French carmaker Renault and Japanese Nissan Motor said that the Alliance will remain, denying reports of some media about a potential collapse, causing their shares have fallen to multi-year lows.
the Alliance, which also includes Japan's Mitsubishi Motors Corp, is "durable, reliable, firmly fixed", said the Belgian newspaper L'Echo, the Chairman of Renault Jean-Philippe SENART.
Nissan, in response to "speculative reports in the international media", said that "in no way considers the question of the dissolution of the Alliance."
"the Alliance is the source of the competitiveness of Nissan" - said in a statement, the Japanese automaker.
Renault Shares fell to a six-year low on Monday as investors feared that the 20-year-old Alliance is disintegrating and the former head of Nissan, Carlos Ghosn will not participate in the strengthening of ties between the companies.
Long-standing tensions in the Franco-Japanese partnership has intensified after the arrest of the Rut in Tokyo in November 2018 on charges of financial misconduct, which he denies.
Monday in the Financial Times has reported that the management of Nissan is making plans in case of unforeseen circumstances the split with Renault to accelerate sales of shares of the French manufacturer.
Stock Nissan after the message has fallen to the lowest level in eight and a half years on Tuesday in Tokyo.
At the moment, in principle, it is not clear how Nissan could seek independence if he is 43% owned by Renault, and while he has only 15% stake in the French company. In Renault after his arrest, the Rut was obviously ready to such succession of events and even tried to find a new ally in the face of Fiat Chrysler Automobiles, but the Italian-American group chose to merge with Peugeot-Citroen.
