By Jennifer Keiper, WLS-AM 890
The process is getting underway to fire the Nissan’s Chairman after the automaker says an internal investigation found Carlos Ghosn under-reported his income by millions of dollars and engaged in other “significant misconduct.”
He was arrested in Japan Monday. Nissan CEO’s says the company’s board will meet Thursday to vote on a proposal to have Ghosn dismissed.
Meantime, French carmaker Renault says it will defend its interests within its alliance with Nissan. Ghosn spearheaded their union and has been serving as Renault’s CEO.
France owns 15% of Renault and President Emmanuel Macron says the government wants to ensure stability at the Renault-Nissan-Mitsubishi car-making alliance.
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