Deals

French-Japanese Talks Signal Progress on Renault-Nissan Spat

  • Seko, Le Maire work to bolster strained carmaker partnership
  • France has hinted at flexibility on reducing stake in Renault

Bruno Le Maire and Hiroshige Seko

Photographer: Christophe Morin/Bloomberg

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Talks between the economy ministers of Japan and France to strengthen the partnership between Nissan Motor Co. and Renault SA are the latest sign that the two sides are working toward resolving a dispute between the carmakers.

Hiroshige Seko, the economy and trade minister of Japan, and Bruno Le Maire, the French Finance Minister, reaffirmed their support for the alliance in a phone call, the two governments said in a joint statement on Monday.