London (AFP) – Nissan CEO Makoto Uchida welcomes the restructuring of the cooperation agreement between car manufacturers Renault and Nissan, which sees Renault reducing its stake in the Japanese firm from 43.4 percent to 15 percent, the same size as Nissan’s share in its French counterpart. Speaking at a press conference in London, Makoto Uchida says he’s “very confident that this new structure will deepen mutual trust,” and will “ensure that each member contributes with their strengths and works with shared ambitions.”