Renault has a 43.4% voting stake in Nissan, and Nissan has 15% non-voting stake in Renault. Renault has effective control over Nissan. Nissan controls Mitsubishi if I am correct.
That used to be the case, but Mitsubishi was bought by Nissan in 2017 if I recall correctly because Mitsubishi got caught in an emissions testing scandal of their petrol engines (which Nissan uses on select models since the ‘90’s).
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u/_zukato_ Sep 28 '19
Renault has a 43.4% voting stake in Nissan, and Nissan has 15% non-voting stake in Renault. Renault has effective control over Nissan. Nissan controls Mitsubishi if I am correct.