Together with alliance partner Mitsubishi Motors, the three reaffirmed that their alliance agreement was still in effect and that they would strengthen their cooperation.

But they said that chairman of Renault would likely serve as a vice chairman of Nissan, avoiding the concentration of power under Carlos Ghosn, former CEO of the French company.

(Reporting by Sam Nussey and Maki Shiraki, Writing by David Dolan; Editing by Himani Sarkar)