Nissan and Renault press pause on merger – report

Car makers Nissan and Renault have pressed pause on their plans of a merger as both brands struggle to weather the COVID-19 pandemic. According to news agency Reuters, Nissan and Renault will hold off on the merger to instead focus on repairing their alliance, with the brands set to make a joint-announcement later today. The two car makers formed their alliance back in 1999 to share technologies and development costs, with Mitsubishi joining in 2017. Above: Nissan CEO Makoto Uchida