Tuesday, December 18, 2018

Nissan fails to agree Ghosn replacement, as tensions with Renault grow

Nissan fails to agree Ghosn replacement, as tensions with Renault growThe board of automaker Nissan failed Monday to agree a replacement for former chairman Carlos Ghosn after his arrest for financial misconduct, as tensions grow in the firm's alliance with Renault. The Japanese company removed Ghosn from his post last month after he was detained on allegations of under-reporting his salary. Media reports ahead of the meeting suggested the board was unlikely to reach a decision soon, in part because of open discord with French automaker Renault.




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