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Nissan, Renault break up almighty chairmanship in wake of Carlos Ghosn's ouster

Updated : March 12, 2019 03:44 PM IST

The removal of Ghosn, credited for rescuing Nissan from near-bankruptcy in 1999, had caused much uncertainty about the future of the alliance and some speculation the partnership could even unravel.
The companies, together with junior ally Mitsubishi Motors, on Tuesday said the chairman of Renault would serve as the head of the alliance but - in a critical sign of the rebalancing - not as chairman of Nissan.
Nissan, Renault break up almighty chairmanship in wake of Carlos Ghosn's ouster

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