Renault and Nissan

Renault and Nissan - According to Japanese media France is pushing for a merger between Renault and Nissan, following the arrest of the former Nissan chairman, Carlos Ghosn, whom Paris also wants replaced as Renault CEO. 64-year-old Ghosn headed the powerful Nissan-Mitsubishi-Renault alliance before his arrest in November on charges of financial misconduct. News reported on Sunday that a delegation including Martin Vial – a Renault director designated by the French government – made the merger request at talks with Japanese officials in Tokyo. The French government is the biggest shareholder in Renault with a stake of more than 15 percent, while Renault owns 43.4 percent of the Japanese carmaker Nissan with voting rights.

Renault and Nissan - According to Japanese media France is pushing for a merger between Renault and Nissan, following the arrest of the former Nissan chairman, Carlos Ghosn, whom Paris also wants replaced as Renault CEO. 64-year-old Ghosn headed the powerful Nissan-Mitsubishi-Renault alliance before his arrest in November on charges of financial misconduct. News reported on Sunday that a delegation including Martin Vial – a Renault director designated by the French government – made the merger request at talks with Japanese officials in Tokyo. The French government is the biggest shareholder in Renault with a stake of more than 15 percent, while Renault owns 43.4 percent of the Japanese carmaker Nissan with voting rights.