Sunday , December 5 2021

Carlos Ghosn's Arrest Tests Nissan, Renault Relationship


The sudden, dramatic arrest of Carlos Ghosn, one of the best-known leaders of # 39; the car industry, contributes to the global alliance between Nissan Motor Co. and Renault SA that Mr. Ghosn built and ruled for more than a decade.

Mr. Ghosn, chief executive and president of Renault, is charged with failing to pay $ 44 million pay at Nissan, where he also serves as chairman. On Thursday, Nissan directors vote unanimously for the presidency of Mr. Ghosn to strip.

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