business

Renault expected to play safe with French replacements for Ghosn

17 Comments
By Daniel Aronssohn

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17 Comments
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Ghosn is only being replaced so that Renault can rein in Nissan, they using their shareholder power, rightfully, to replace the C-Level at Nissan.

7 ( +10 / -3 )

I wonder, will they welcome Ghosen back if he is found not guilty of all charges?

6 ( +10 / -4 )

OMG, there are big differences between tires and cars.

-2 ( +2 / -4 )

Akie

OMG, there are big differences between tires and cars.

.

Yes. True.

.

However Renault seems like fromer Michelin execs. Ghosn is one

5 ( +6 / -1 )

My warning to the two: stay out of Japan! If you must hold meetings in person with Nissan or Mitsubishi, have them in France or a neutral country.

3 ( +6 / -3 )

I wonder, will they welcome Ghosen back if he is found not guilty of all charges?

French wouldn't have replaced Ghosn unless they were convinced of his guilt.

-6 ( +2 / -8 )

My warning to the two: stay out of Japan! If you must hold meetings in person with Nissan or Mitsubishi, have them in France or a neutral country.

excellent advice! and I would add that the way the French gov has thrown Ghosn under the bus is shameful.

-2 ( +1 / -3 )

Ghosn held both the CEO and chairman roles, as well as leading the powerful Renault-Nissan-Mitsubishi alliance,

So saikawa next move just to shake this alliance, reason why Renault was brought in the first place is to save Nissan from bankruptcy. Now Renault is not needed anymore.

1 ( +1 / -0 )

Replacing one foreigner with another is not what Nissan wants.Taking back the reins of their company by any means necessary is their goal.This "Asia expert" does not advance that happening.

1 ( +2 / -1 )

Replacing one foreigner with another is not what Nissan wants.Taking back the reins of their company by any means necessary is their goal.This "Asia expert" does not advance that happening.

The article is about management changes at Renault, not Nissan. They are not foreigners, they are both French.

French wouldn't have replaced Ghosn unless they were convinced of his guilt.

Are you sure it was not because they can't communicate with him and he is being physically prevented from doing his job for what looks like many months? But maybe you have info nobody else has about his guilt or innocence, and about Renault's strategic thinking.

4 ( +5 / -1 )

If they took advantage of Carlos leadership for 20 years and destroyed him for the manipulative plan to destroy the alliance, whats in store for you then..

2 ( +3 / -1 )

This new guy should fire all the old people from the board, including Saikawa and bring in fresh new talent.. if he wants to survive that is, Saikawa and co only have crocodile tears in store..

1 ( +2 / -1 )

It makes sense. You can't run a company or companies from inside a jail cell with no visitation rights. Whilst Renault may have wished to kept faith with Ghosn and still employ him; they have to consider the immediate needs of the rest of the company and its future.

2 ( +3 / -1 )

Does anyone know exactly how much power Renault has to get rid of Saikawa? He is dug in like an Alabama tick.

0 ( +1 / -1 )

@tinawatanabe :

Maybe you should invest in real companies instead of just forex so you can better understand how MNCs work.

Ghosn has been wanting to retire since a few years ago and dropped a dozen hints in all the shareholder meetings since early 2010s. Renault just accelerated the scheme.

Saikawa is incompetent and orchestrated the arrest so he can play the "true Japanese shogun of a Japanese company" - since he took over where has Nissan's brand gone other than downwards? What happened to their car at the Detroit Auto Show?

If you want to see if he is guilty or not, see if he is still on the board. Otherwise, he isn't guilty; the prosecutors are.

4 ( +5 / -1 )

Ghosn has been wanting to retire since a few years ago and dropped a dozen hints in all the shareholder meetings since early 2010s. Renault just accelerated the scheme.

Ghosn wanted to retire to do what? spend time with his family? No. He had been extended his tenure by Macron a few years ago.

If you want to see if he is guilty or not, see if he is still on the board. Otherwise, he isn't guilty; the prosecutors are.

It seems he accepted a resignation request from France.

-1 ( +0 / -1 )

Renault has no seen nothing yet. Opening a new page before closing a old one is sheer bad management.

0 ( +0 / -0 )

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