As expected, Nissan chairman Carlos Ghosn ended the week with fewer titles than when he started. The automaker’s board of directors voted to remove the executive, instrumental in creating the Renault-Nissan-Mitsubishi Alliance powerhouse, on Thursday, just three days after his arrest on suspicion of under-reported income and misuse of company assets.
The move came as Renault, which hasn’t made decision on whether to remove Ghosn as CEO, found itself at loggerheads with its alliance partner. The French automaker urged caution in the matter, perhaps fearing that Ghosn was the glue holding everything together. (Read More…)














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