TOKYO -- Nissan Motor CEO and President Hiroto Saikawa called Renault's decision to, in effect, block the Japanese automaker's reform plans on corporate governance "most regrettable," exposing the strong distrust brewing between the two alliance partners.
Nissan has "no other option" but to pursue a governance structure that would see three specialist committees deciding matters of nominations, remuneration and audit, Saikawa told Nikkei in an interview Monday.
