Renault Board To Decide On Top Leadership

Renault, the automaker in which the French state is the most powerful shareholder, is headed into a decisive week over its leadership. Automotive News reports While Carlos Ghosn may still formally be chief executive officer and chairman, his status has become increasingly tenuous as prosecutors in Japan close in on alleged financial digressions that led to his arrest last month. Should he get charged next week, keeping Ghosn in the top job in France would create a dilemma for Renault’s board and the political elite.
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