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Nissan's Ghosn crisis

Renault and Nissan agree to 'rule by committee'

Along with Mitsubishi, alliance leaders will share all information

From left, Mitsubishi Motors CEO Osamu Masuko, Nissan CEO Hiroto Saikawa and Renault interim chief Thierry Bollore. The alliance leaders held talks for the first time Thursday since the arrest of Carlos Ghosn.   © Reuters

TOKYO -- The leaders of automakers Renault, Nissan Motor and Mitsubishi Motors agreed on Thursday to drop their system of de facto one-man rule in favor of a "rule by committee" style of decision-making, Nikkei has learned.

Renault interim chief Thierry Bollore, Nissan CEO Hiroto Saikawa and Mitsubishi CEO Osamu Masuko agreed to "remain fully committed to the alliance," according to a short joint statement issued after their first trilateral summit since last week's arrest of former alliance head Carlos Ghosn.

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