1989 Eagle Premier ES
Ironically the sale came at a time when the automotive press was enthusiastic about the proposed 1988 lineup of Renault and Jeep vehicles, and reports that the financial outlook for the tiny automaker were improving.
The sale marked Renault's withdrawal from the North American market (excluding Mexico) in the 1988 model year. However, the French company has since returned to that market with its subsequent purchase of a US$5.4 billion controlling stake in Nissan in March 1999. In contrast to the AMC/Renault partnership, Carlos Ghosn, CEO and President of Renault of France and Nissan of Japan, is guiding the Renault-Nissan alliance away from national identities
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