ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
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.

The three automakers used to discuss collaborative strategy mostly at an alliance board headed by Ghosn, who chaired all three companies before his fall from grace. Representatives from the companies met after Ghosn's arrest in November and agreed to do away with one-man decision-making and shift to a more collaborative set-up. 

The alliance has joint ventures Renault-Nissan BV and Nissan-Mitsubishi BV in Amsterdam. Some have pointed out in the wake of Ghosn's financial scandal that the two units had ceased to function as corporate entities and instead been used to make payments to the then-chairman. The ventures will halt operations after the new body is established.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media