If you were always confused between choosing a Nissan or a Renault when buying a car in Dubai, then kiss your confusion goodbye as the two automotive giants are soon to amalgamate into one corporation.
Renault and Nissan have been in alliance for almost 20 years where the two companies have functioned under a single stock and shared the vision of moving towards electric car manufacturing. The two companies now plan to dissolve the alliance they shared in the past and transform it into one corporation. While the two companies share their aims for the future, including a shift towards new energy vehicles and capacity building for automated driving, constrictions like the structure of business ownership are hurdles that still need to be sorted. Nissan takes its origin from Japan and Renault from France and both are well reputed companies in their respected countries. The merger aims to expand the size of the business in the auto industry without making its shareholders unhappy. Therefore, talks are currently underway to discuss how the exchange of shares between the two companies would take place.
If you can’t wait to buy a car in Dubai, then you might want to check out CarSwitch.com as this merger would take time to settle the nitsy gritsy of legal documentation. And until then you can soothe your eyes by viewing the unending list of cars available at CarSwitch.com.
