AutoBeta(AutoBeta.net)03/10 Report--

Since the arrest and imprisonment of Ghosn, the soul of the alliance, relations among Renault, Nissan and Mitsubishi Motors have been very tense. Ghosn, sent by Renault, has been in charge of the alliance for many years and served as chairman of Nissan. However, the Japanese seem to be fed up with it.

At present, Ghosn has been basically removed from all his duties and was officially released on bail on March 6, when Ghosn has been detained for 108 days.

Nissan and Mitsubishi Motors are planning to close their Dutch joint venture, Nissan-Mitsubishi B.V., after Nissan acquired Mitsubishi in June 2017, according to news that the former chairman, Carlos Ghosn, received improper income.

In an internal investigation, Mitsubishi found that Ghosn received improper remuneration in the joint venture, allegedly spending about 1 billion yen (60.46 million yuan) improperly from April to November 2018. The choice of closure confirms the deteriorating relationship between the three parties and the attitude of Nissan and Mitsubishi to bid farewell to the "Ghosn era".

According to Japan's Kyodo news agency, Ghosn, Hiroshi Nishikawa and Mitsubishi Motors Chairman and CEO Yoshiko are all directors of the joint venture. Although Nissan and Mitsubishi said they would close the company, they still need to listen to Ghosn's advice.

With regard to the current relationship between the three parties, the latest news shows that Renault, Nissan and Mitsubishi will set up a decision-making organization.

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