Nissan Motor is willing to walk away from a contract with Renault SA to rebalance their alliance, citing worries that the French automaker intends to license hundreds of jointly created intellectual properties to third parties, including new Chinese partner Geely.
The board and management of Nissan have recently expressed concern regarding Renault’s plans for the intellectual property, even though both parties seemed close to a final deal two weeks ago.
Two weeks ago, both parties were close to a final deal, but recently, Nissan’s board and management have voiced worries about Renault’s plans for the intellectual property
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