Ghosn: Chairman and Renault

ghosn: The talks are aimed at repairing the relationship of trust between Nissan and Renault, according to the French newspaper, according to The Japan Times. Senard was appointed chairman of Renault following the resignation of Ghosn as chairman and chief executive officer of the French automaker. The alliance partners have spent the last two months coping with a major reputational hit from Ghosn's arrest, indictments by Tokyo prosecutors over alleged financial improprieties and an unflattering spotlight on both companies' corporate governance controls. ; Le Figaro reported Monday that Renault Chairman Jean-Dominique Senard will visit Japan on Thursday for the first time since he took the post to replace Ghosn last month to hold talks with Nissan President Hiroto Saikawa. Senard and Saikawa held talks for the first time when an executive meeting among alliance partners Nissan, Renault and Mitsubishi Motors Corp. was held in Amsterdam on Jan. 31 and Feb. 1. Taken together, these negatives could leave the alliance partners falling behind competitors such as Volkswagen AG and Toyota Motor Corp. in the race to adapt to the changing terrain. Beyond the legal troubles, there's the sluggish sales in China and the U.S., Britain's potentially jarring exit from the European Union and huge investments in electric and autonomous vehicles hovering over the entire auto industry. (news.financializer.com). As reported in the news.