mo4ch:>Renault-Nissan management crisis blows up into conflict between Japan & France ahead of G20 | Mo4ch News

French President Emmanuel Macron will discuss the recent arrest of ex-chairman of Nissan Carlos Ghosn with Japanese Prime Minister Shinzo Abe at the G20 meeting amid a Japan-France spat over the troubled motor alliance.Ghosn was arrested in Tokyo on November 19 over suspected financial misconduct. The 19-year partnership between auto-making giants Renault and Nissan is reportedly facing the biggest test ever amid the scandal. Nissan fired Ghosn as chairman after a nearly two-decade reign over the Japanese automaker.Read more French multinational Renault currently holds 43.4 percent of Nissan’s shares, while only 15 percent of the French automaker’s stocks belong to the Japanese car manufacturer. The scandalous arrest has reportedly prompted Nissan to resume attempts to change what the Japanese company considers Renault’s outsized control of it. Now, Renault has shareholder voting rights in the tie-up.The leaders of Japan and France are planning to discuss the future of the cooperation …