• SENSEX
    NIFTY 50
Auto

The Ghosn affair and Renault-Nissan's uneasy relationship

Updated : November 23, 2018 05:32 AM IST

Ghosn was the architect of an alliance that has become one of the world's leading automotive groups. But his ouster has laid bare tensions that run deep in France and Japan.
In 1999, Nissan was near bankruptcy. Renault bought a 36.8 percent stake in the Japanese carmaker for 5 billion euros. Carlos Ghosn, then second-in-command at Renault and dubbed "Le Cost Killer", was sent to Tokyo to turn Nissan around.
The Ghosn affair and Renault-Nissan's uneasy relationship

You May Also Like

Live TV

recommended for you

Advertisement