Paris informs Tokyo it wants Renault and Nissan to integrate[*]
A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, the Nikkei reported on Sunday.
The delegation, which included French government-designated Renault director Martin Vial, also said that it wanted to name Nissan's next chairman, according to the report. Nissan was not immediately available for comment.
Nissan ex-chairman Carlos Ghosn, arrested and detained in Tokyo since Nov. 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to Nissan during the global financial crisis. Ghosn has denied all charges.
[*] Noscript caused issues for me; same story can be found at U.S. News & World Report.
Previously: Nissan Motor Chairman and Others Set to be Indicted
(Score: 0) by Anonymous Coward on Tuesday January 22 2019, @12:06AM (1 child)
If Ghosn has likely committed crimes as you seem to believe, the French government is sure taking its time replacing him as head of Renault. In a time when governments are eager to share evidence about corrupt activities.
(Score: 1) by khallow on Tuesday January 22 2019, @12:44AM
France? I doubt they're all that eager, especially for a company they own part of.