What You Need To Know About The Renault-Nissan Crisis

  • 6 years ago

The arrest of Renault-Nissan boss Carlos Ghosn has triggered new attempts by Nissan to shake off the control of Renault.
Reuters reports the crisis adds to the problems piling up on President Emmanuel Macron’s desk.
This crisis may be of Macron’s own making.
In April 2015 Macron ordered a surprise government stake increase in Renault.
The move was designed to secure double voting rights for the state.
Nissan was left profoundly rattled.

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