Carlos Ghosn and Nissan were indicted in Japan on Monday for understating Ghosn's income, as Tokyo prosecutors pushed ahead with the criminal investigation that has shaken the global auto industry.
Before the Ghosn turmoil, Mitsubishi U.S. boss Fred Diaz had his eyes set on leveraging shared platforms to bolster his product lineup. And he still does.
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French President Emmanuel Macron will discuss the Renault-Nissan alliance's future with Japan's prime minister at the G20 summit in Argentina on Friday, seeking to defuse a brewing diplomatic row.
The CEOs of Renault, Nissan and Mitsubishi will jointly lead their automaking alliance, splitting a role maintained by Carlos Ghosn for two decades as they forge a new path forward following his arrest this month.
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The Renault-Nissan alliance is threatened with disarray over a rift between the partners about how to fill a leadership vacuum as Carlos Ghosn remains in custody in Japan.
Renault said it is beginning its own internal audit to examine Chairman Carlos Ghosn's compensation in the wake of the scandal leading to his ouster at Nissan and Mitsubishi over the past week.
Nissan is seeking to limit the power of alliance partner Renault to nominate officials to its board, Reuters reported.
As Mitsubishi looks to expand its U.S. dealer base, CEO Fred Diaz is taking an open approach, traveling the country to meet directly with his dealer body.
Mitsubishi Motors has joined alliance partner Nissan in removing Carlos Ghosn from his role as chairman following his arrest for alleged financial misconduct.
Nissan CEO Hiroto Saikawa took aim at ousted chairman Carlos Ghosn in a companywide address for concentrating too much power in himself.
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