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  7. Ghosn arrested Renault/Nissan/Mitsubishi to...

[YesAuto News] 11 days after the arrest of Ghosn, the founder of the Renault-Nissan-Mitsubishi alliance, the representatives of the three car companies held their first meeting. According to Japanese media reports, on November 29th, Japan time, Nissan Motor President Nishikawa Hiroto, Mitsubishi Motors CEO Masako Osamu, and Renault's current general manager Bolloré negotiated in the form of a web conference.

It is reported that the most important conclusion reached at this meeting is to confirm that Renault, Nissan, and Mitsubishi will also maintain a cooperative relationship in the future. The three companies also said after consultations: “The alliance has achieved unprecedented success in the past 20 years. The three companies have completely Promise to maintain the unity of the alliance.”

After the negotiation, Mitsubishi Motors CEO Masuko Osamu said in an interview with Reuters: “The alliance will not appoint an interim chairman, but will be jointly led by three CEOs… There will be no change in the capital structure of the alliance.” Mashiko also stated that the meeting lasted less than an hour and the representatives of the three parties agreed to meet more frequently afterwards, such as during the International Auto Show.

But as the founder of the Renault-Nissan-Mitsubishi alliance, Ghosn is still detained in Tokyo, with an uncertain future. After the Ghosn incident, Nissan Motor and Mitsubishi Motors successively removed Ghosn’s chairmanship, while Renault kept Ghosn’s position as chairman and CEO unchanged, but in fact, Nissan Motors sued Ghosn for allegedly violating the Financial Commodities After the Transaction Law, Renault also launched an internal investigation of Ghosn to verify whether he took improper measures against directors’ income and company assets. It is reported that this work was led by the head of Renault’s corporate ethics department, Claude Ballon. For internal investigations, Baron served as the chief of the French national police and joined Renault in 2015. According to the French economic newspaper La Echo, Renault’s internal investigation should have been led by the person in charge of the company's supervisory department, but because the person in charge had a close relationship with Ghosn, it was replaced by Baron. (Source: NHK TV Station in Japan; Compiler/Car Home Cai Liyuan)