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Nissan's Ghosn crisis

Nissan shares down 30% since Ghosn's arrest for slow progress

Market punishes automaker as earnings tumble and Renault alliance frays

TOKYO -- A year after the arrest of then-Chairman Carlos Ghosn, Nissan Motor continues searching for a new course while navigating a power struggle with alliance partner Renault -- and investors have shown their displeasure with the pace of recovery.

Shares in both Nissan and Renault have plunged by nearly one-third since Nov. 19, 2018, when Ghosn was arrested at Tokyo's Haneda Airport on financial misconduct charges.

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