Renault, Nissan and Mitsubishi have torn up their decades-old strategy built by Carlos Ghosn to force rival teams to work together, in an attempt to slash costs and preserve an alliance hit hard by the coronavirus pandemic.
The three groups will instead carve up responsibilities across the partnership in a big switch from the policy under former alliance boss Mr Ghosn, who was arrested in November 2018 on charges of financial misconduct that he denies.
Outlining the plan, Renault chairman Jean-Dominique Senard ruled out a full merger of the three companies, which Mr Ghosn and the French state had pushed for in the face of resistance within Nissan.