How Renault, Nissan and Mitsubishi plan stronger Alliance together
He reminded viewers of the online presentation that the Alliance employs 420,000 people globally, covers all the world’s major markets and operates 29 plants.That solidity was very much in doubt in 2018 when then-CEO Carlos Ghosn was arrested on landing in Tokyo airport, charged with financial irregularities. The soap opera that followed shed an unwelcome light on tensions within the Alliance, precipitating the crisis.
The years of Nissan’s unhappiness at being steered by Renault by virtue of the French company’s 43% stake in its Japanese partner from bailing Nissan out of bankruptcy in 1999 looked to have finally spilled over.
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