Friday 14 December 2018
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timeslive - 24 days ago

France moves to oust Ghosn from Renault, defends Nissan alliance

France moved on Tuesday to oust Carlos Ghosn from the helm of Renault a day after his arrest in Japan on financial misconduct allegations, but sought to defend the carmaker s alliance with Nissan, which has been rocked by the scandal, Ghosn, one of the best known leaders in the car industry, was arrested on Monday after Nissan Motor Co said he had engaged in wrongdoing, including personal use of company money and under-reporting how much he was earning, for years.

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