Renault alliance 'not in danger': Nissan CEO - News Summed Up

Renault alliance 'not in danger': Nissan CEO


Tokyo: Nissan 's alliance with France's Renault is not in danger "at all", the Japanese automaker's CEO told AFP on Monday, despite tensions exposed by the arrest of the partnership's chief Carlos Ghosn In an interview, Hiroto Saikawa brushed aside suggestions that the alliance, which also includes Mitsubishi Motors , had been damaged by the aftermath of Ghosn's arrest for alleged financial misconduct. "I don't think it's in danger at all," he said.He declined to comment directly on the case against Ghosn, who will appear in court Tuesday to hear an explanation of his ongoing detention. "This is a process of the Japanese system, so I have nothing to say," Saikawa said. "The core, the value, of the alliance itself is coming from the day-to-day work," he added. This is the kind of homework for (the) current generation's leaders, before handing over to next generations.


Source: Economic Times January 07, 2019 07:41 UTC



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