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Essay Details:
Essay text:
Renault was turned away by other Japanese automakers that made both companies reach an agreement on a global alliance in 1999.
The combination made sense that both companies main sales territories and production were corresponding. Renault needed Nissan and Nissan needed Renault due to the production side of the pattern and on a global basis that held more then nine percent market share that would position the combination number four worldwide in the auto industry. (Spiritus, 2005)
Main Problem:
The main problem that Renault and Nissan are facing is their financial problems, that is one reason why the Ford Motor company will not merge partnership or any other alliance to solve these problems...
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