Tuesday 18 December 2018
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wn.com - 29 days ago

Ghosn s arrest casts doubt on Renault-Nissan alliance future

DETROIT (AP) -- For years, France s Renault and Japan s Nissan struggled to make money in the global auto business. Then came Carlos Ghosn, a Renault executive who helped to orchestrate an unprecedented transcontinental alliance, combining parts of both companies to share engineering and technology costs. Now Ghosn s arrest in Japan for alleged financial improprieties at Nissan could put the nearly 20-year-old alliance in jeopardy. Ghosn, 64, born in Brazil, schooled in France and of Lebanese heritage, is set to be ousted later this week from his spot as Nissan...

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