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Nissan board fires chairman Carlos Ghosn

Updated : November 22, 2018 05:43 PM IST

The Franco-Japanese alliance, enlarged in 2016 to include Japan's Mitsubishi Motors, has been rattled to its core by Ghosn's arrest in Japan on Monday, with the 64-year-old group chairman accused of financial misconduct.
Ghosn had shaped the alliance and was pushing for a deeper tie-up, including potentially a full Renault-Nissan merger at the French government's urging, despite strong reservations at the Japanese firm.
Nissan board fires chairman Carlos Ghosn
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