Nissan-Renault Alliance to Be Led Jointly by CEOs After Ghosn
- Carmakers seek to reassure investors after Ghosn’s arrest
- Strains emerge as Nissan seeks to balance power at alliance
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The chief executive officers of Renault SA, Nissan and Mitsubishi Motors Corp. will jointly lead their automaking alliance for now, splitting a role maintained by Carlos Ghosn for two decades following his arrest this month.
The three chiefs are “completely aligned on direction,” Nissan Motor Co. CEO Hiroto Saikawa told reporters Thursday, following the first meeting of the alliance board since Ghosn was jailed over alleged financial improprieties and stripped of his job as chairman of the two Japanese members of the partnership. Bloomberg reported on Monday that a split of the top job among the three partners was being considered.