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.
The largest wildfire in at least 50 years in France, which claimed one life, has now been brought under control. The fire swept through 17,000 hectare...
Read More
A yellow heatwave warning remains in place today. Hazy sunshine with a gentle coastal breeze. Daytime are forecast to reach between 30 and 32°C in the...
Read More
A major pile-up involving around ten vehicles, including a truck and a motorcycle, occurred early on the 7th of August in the Las Planas tunnel on the...
Read More
Banque Havilland (Monaco) SAM will relaunch as Moncrief Private Bank (Monaco) SAM in late 2025, following its acquisition by an international investor...
Read More
Monaco has introduced a new road safety law that bans children under 14 from using electric scooters or electric bikes on public roads. The change is ...
Read More
