business

Renault, Nissan end standoff over post-Ghosn governance

7 Comments
By LOIC VENANCE

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© 2019 AFP

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7 Comments
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Nissan has a funny way of thanking the hand that saved it from bankruptcy.

5 ( +9 / -4 )

But Renault will not be represented on a new committee on pay -- possibly reflecting longstanding rancor in Japan over Ghosn's high pay compared to most Japanese CEOs.

Ya think? I wonder how the Renault people are going to take getting paid "Japanese" style?

5 ( +8 / -3 )

Fiat-Chrysler . . . that conjures up some strange images.

0 ( +0 / -0 )

@chip star "oh look I helped you before now I can be a corrupt *head". funny way of thinking indeed

1 ( +2 / -1 )

Nissan has a funny way of thanking the hand that saved it from bankruptcy.

yup

-1 ( +1 / -2 )

Complete win for Renault.

At this point, Nissan J management is determined to avoid the appointment of any non J executives to day-to-day-managenent. Meaning no more Renault executives.

BUT, if Renault pushes for the appointment of a Renault executive to day-to-day management, they have a say. And the only caveat is that Renault may end up bearing the cost of whatever costs the J management committee opposes!!

J management lost on this one!! As well they should have!!!!

-2 ( +0 / -2 )

No mention made of WaYMo part in this deal, which actually brought Nissan to the table, strange reporting !

Moderator: There is a separate story on that in the Technology section.

-1 ( +0 / -1 )

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