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Nissan's Ghosn crisis

Nissan, Renault and Mitsubishi to set up new decision-making body

Two Dutch oversight units will cease operations

Nissan, Renault and Mitsubishi Motors agreed to uphold and advance their auto alliance, but reportedly did not discuss finding a new alliance leader to replace Carlos Ghosn.
Nissan Motor, Renault and Mitsubishi Motors will form a new leadership body to discuss future collaboration.

TOKYO -- Nissan Motor, Renault and Mitsubishi Motors will create a new decision-making body to discuss business collaboration across the three-way alliance, Nikkei has learned, replacing a setup that concentrated power in former chief Carlos Ghosn.

Renault Chairman Jean-Dominique Senard, Nissan President and CEO Hiroto Saikawa, and Mitsubishi Motors Chairman and CEO Osamu Masuko will sit on the top decision-making panel. A broad range of topics will be on the table, such as joint development and procurement as well as the alliance's future. Senard could serve as chairman.

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