Saturday , July 24 2021

Carlos Ghosn stopped, shocked and questions for Renault-Nissan

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Carlos Ghosn, May 2015, in Yokohama, south of Tokyo.
Carlos Ghosn, May 2015, in Yokohama, south of Tokyo. TOSHIFUMI KITAMURA / AFP

No less than that "Earthquake", for many observers and actors in the automotive industry. Carlos Ghosn, CEO of Renault and non-executive chairman of Nissan and Mitsubishi, was arrested Monday, November 19, by a Japanese court on suspicion of making a mistake. The Tokyo prosecutor's office confirmed Tuesday that he was arrested on suspicion of hiding income. Nissan announced a board meeting on Thursday to remove Ghosn from office. Behind, Mitsubishi Motors reported a similar decision, without setting a date for the board.

Read portrait: Carlos Ghosn, the "imperator" statue is denied in Japan

Review the main questions raised by the arrest and expulsion of the almighty boss.

  • Can the Renault-Nissan-Mitsubishi alliance survive the departure of its founder?

This is a great ignorance of Carlos Ghosn's expulsion, the true keystone of this atypical industry alliance since men are still non-executive leaders of Nissan and Mitsubishi, CEO of the Renault group and president of Renault-Nissan BV, a joint venture under Dutch law responsible for purchasing together. The current Nissan Chief Executive, Hiroto Saikawa, has announced that he will propose Thursday to the Japanese producer council that marginalizes its president. Mitsubishi also announced on Monday to dismiss Ghosn from the board of directors president.

In France, it is the admiration that dominates among administrators and trade unions and staff. The CFE-CGC union of the Renault group said so "Worried" for future car makers after catching up on his Japanese superiors. CFE-CGC "Officially request that all actions be taken in groups to preserve the interests of the Renault group and alliances", so stated Bruno Azière, this management union delegation.

Mariette Rih, representative of the TF union center in the diamond group, talked about a "Trauma" for the company and hope that everything will be done to minimize the impact on Renault and joint projects resulting from industrial alliances between France and Japan. To speak only from France, Nissan Micra since 2016 has been produced at the Renault Flins (Yvelines) plant and commercial vehicle production projects on the Renault Sandouville (Seine-Maritime) and Maubeuge (North) sites have been launched a few days ago. "This is an industrial development model that we don't want to see threatened", concluded MI Rih.

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