Nissan, Renault Skip Top-Level Talks amid Division over Ghosn Scandal

Economy

Tokyo, Dec. 19 (Jiji Press)--Nissan Motor Co. <7201> President Hiroto Saikawa and Renault SA Deputy Chief Executive Officer Thierry Bollore did not have one-on-one talks on the sidelines of a two-day executive meeting of the alliance of Nissan, Renault and Mitsubishi Motors Corp. <7211> in Amsterdam through Wednesday, according to informed sources.

Saikawa and Bollore met in person for the first time since Carlos Ghosn, who had been leading the Japanese-French automotive alliance, was arrested in Japan last month for allegedly failing to report part of his pay from Nissan.

Saikawa had been expected to brief Bollore directly on the results of Nissan's investigation into the scandal and on work on the selection of its new chairman, according to the sources.

The Nissan leader, however, has left the Dutch capital for home, without holding a tete-a-tete with Bollore, indicating a deepening division between the Japanese and French sides over the Ghosn scandal.

Ghosn was arrested by Japanese prosecutors on Nov. 19 for the alleged underreporting of executive remuneration. Days later, he was dismissed as Nissan chairman.

[Copyright The Jiji Press, Ltd.]

Jiji Press