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Nissan's Ghosn crisis

Renault agrees to support Nissan's management reform plan

Granted committee seats, French automaker withdraws veto threat

Renault Chairman Jean-Dominique Senard, left, and Nissan CEO Hiroto Saikawa at a news conference in Yokohama on March 12.   © Reuters

TOKYO/PARIS -- Renault and Nissan Motor have ended their dispute over the French automaker's representation on new committees at its Japanese partner, paving the way for reforms following the arrest of former Nissan Chairman Carlos Ghosn last November on charges of financial wrongdoing.

Nissan said on Thursday local time here that Renault will vote in favor of all proposals at its general shareholders' meeting on Tuesday, now that an agreement has been reached on leadership appointments.

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