Nissan and Renault Finalize Historic Deal That Restructures Their Relationship With the State of the Alliance

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Nissan and Renault finalized a historic deal last week that restructures their relationship with the state of the Alliance sorted. Nissan can now focus on regaining ground in China, which might be a bit of an uphill battle. The FT's Tokyo bureau chief Kana Inagaki recently wrote an opinion piece on Nissan's challenges in China. Andrew H. Johnson is the FT's US business editor.

Investors are increasing their bets that Europe will sink into a painful economic downturn, and luxury groups are bracing for the end of the post-pandemic recovery boom. Plus, the FT’s Tokyo bureau chief Kana Inagaki explains why Nissan’s focus on regaining ground in China might be a bit of an uphill battle.

Mentioned in this podcast:

Investors turn gloomy over Europe’s economic outlook

Luxury sector slows after ‘bonkers’ post-pandemic spending spree

Why Nissan’s woes in China are not just about electric vehicles

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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