Nissan, Renault, Mitsubishi Leaders May Hold Talks This Month

Economy

Tokyo, Jan. 26 (Jiji Press)--The leaders of French automaker Renault SA and its Japanese partners, Nissan Motor Co. <7201> and Mitsubishi Motors Corp. <7211>, plan to hold a meeting later this month, informed sources said Saturday.

The meeting follows Renault's appointment of Jean-Dominique Senard as its chairman to succeed Carlos Ghosn, who has been indicted in Japan for alleged financial misconduct. Hailing from French tire giant Michelin, Senard assumed the new post on Thursday.

The leaders' meeting will be held in the Netherlands, where a company overseeing the Nissan-Renault alliance is located, on the sidelines of a regular meeting of senior officials that will start on Thursday, according to the sources.

They are expected to explore ways to improve the soured relations among the three automakers, which have been vying for control of their alliance since former boss Ghosn was arrested last November.

Ghosn recently offered to resign from the posts of Renault's chairman and chief executive officer. Nissan and Mitsubishi Motors sacked him as chairman, respectively, shortly after his arrest.

[Copyright The Jiji Press, Ltd.]

Jiji Press