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Nissan says it's not splitting up with Renault

Hong Kong (CNN Business)Nissan is dismissing reports that it is engineering a corporate divorce from Renault. "Nissan is in no way considering dissolving the Alliance," the Japanese carmaker said in a statement Tuesday, referring to the global car alliance between Nissan (NSANF), Renault (RNLSY) and Mitsubishi Motors. The statement came in response to the growing number of reports in recent days that Nissan was concerned about the strained relationship with Renault following the downfall of former chief Carlos Ghosn, and was looking into contingency plans to break away from the French carmaker. Ghosn is currently in Lebanon after making an audacious escape from Japan last month. He was arrested in Tokyo in late 2018 on suspicion of financi ...