Source data
Renault and Nissan equity and control milestones
Sources checked
- 8 November 2023New Alliance Agreement takes effect
15% reciprocal cross-shareholdings and 15% cap on exercisable voting rights Source 1
- 8 November 2023Renault transfers Nissan shares to trust
28.4% entrusted out of 43.4% prior holding Source 1
- 31 March 2025Framework agreement signed
Proposed 10% minimum lock-up in place of 15% Source 2
- 31 March 2025Chennai plant share purchase agreement
Renault agreed to acquire Nissan’s 51% plant stake Source 2
- 1 August 2025Renault announces sole ownership
Chennai plant fully consolidated by Renault, with Nissan production continuing Source 3
Select a milestone to see which right, agreement or business changed.
Renault and Nissan equity and control milestones
Capital percentages, voting caps and lock-up minimums describe different rights. The Chennai factory and engineering centre are distinct legal entities.
| Source | |||
|---|---|---|---|
| 8 November 2023 | New Alliance Agreement takes effect | 15% reciprocal cross-shareholdings and 15% cap on exercisable voting rights | Source 1 |
| 8 November 2023 | Renault transfers Nissan shares to trust | 28.4% entrusted out of 43.4% prior holding | Source 1 |
| 31 March 2025 | Framework agreement signed | Proposed 10% minimum lock-up in place of 15% | Source 2 |
| 31 March 2025 | Chennai plant share purchase agreement | Renault agreed to acquire Nissan’s 51% plant stake | Source 2 |
| 1 August 2025 | Renault announces sole ownership | Chennai plant fully consolidated by Renault, with Nissan production continuing | Source 3 |