Renault (RNSDF) (RNLSY) is a well-managed French car company that is the world leader in electric vehicles. It is also reasonably valued. It can benefit from further integration with Nissan (NSANY) (NSANF), in which it already owns a stake of 43%. This integration might accelerate now that Carlos Ghosn has delegated operational responsibilities at Renault to Thierry Bolloré, and the French government is more willing to cede control.
Collaboration After Carlos Ghosn
Renault and Nissan have been in a close relationship since Renault bought a significant stake