Renault and Nissan have agreed to a new framework in which Renault will reduce its stake in the Japanese car maker from 43% to 15%, which is equal to Nissan's stake in the French automaker. This means that Nissan will now have equal voting rights with the 15% cross-shareholding position, as reported by MBN. This decision comes after months of negotiation between the two companies, and aims to maximize value creation for stakeholders.