Meanwhile, Renault's new chairman Jean-Dominique Senard, elected after Ghosn resigned, arrived in Japan on Thursday for talks with partner Nissan in a bid to smooth relations which grew strained under Ghosn's leadership. "This decline came mainly from Nissan's contribution, down 1.282 billion, which notably benefited in 2017 from a one-off gain of 1.021 billion," Renault said in a statement. The results came as Renault, Nissan, and the third partner in their alliance, Mitsubishi Motors, seek to turn the page after Ghosn's arrest in Tokyo in November. Last month he resigned as CEO of Renault, having already been stripped of his chairman titles at Nissan and Mitsubishi. "In 2018, Groupe Renault maintained its strong performance, despite the business environment deterioration," said Thierry Bollore, Ghosn's successor as CEO.

Source: Dhaka Tribune February 14, 2019 19:30 UTC