1. Breaking News: Nissan Taps New Renault Boss to Replace Ghosn on Board

    Breaking News:  Nissan Taps New Renault Boss to Replace Ghosn on Board

    The decision to turn over Carlos Ghosn's seat on the board of Nissan to Renault's new boss must still be ratified by shareholders Japan's Nissan said Tuesday that its board has nominated the new boss of Renault to replace Carlos Ghosn, who is in detention facing charges of financial misconduct...

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    1. The scenario was to create a holding company that would control the three operational entities and would hold all the shares, while preserving autonomy of each group.
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