PARIS (Reuters) - French carmaker Renault (PA:RENA), which is looking to preserve and strengthen its alliance with Nissan, said it would vote in favour of a move by Nissan to grant Renault's representatives a seat on the committees of the Nissan board.
"Groupe Renault welcomes Nissan's decision to grant Renault's representatives a seat on the committees of the Nissan board, which will be presented to the general shareholders' meeting on June 25," Renault said in a statement.
"The agreement reached on Renault's presence in Nissan's new governance confirms the spirit of dialogue and mutual respect that exists within the Alliance," added Renault, whose merger talks with Fiat-Chrysler broke down this month.
The French state has a 15% stake in Renault, while Renault itself owns 43.4% of Nissan.
French ministers have consistently highlighted the importance of ensuring the Renault-Nissan alliance remains strong, before planning any further consolidation with the likes of Fiat-Chrysler.
The 20-year-old partnership between Renault and Nissan has been strained since former leader Carlos Ghosn was arrested for suspected financial misconduct last year. Ghosn denies wrongdoing.