Emailed on Friday, November 23,2018
Automotive Industry was in shock when news broke out about Carlos Ghosn arrest, Nissan acting Chairman.
Carlos Ghosn and Greg Kelly are allegedly under arrest for under reporting there financial terms to Tokyo Stock Exchange for several years.
Carlos Ghosn is the first person who was worked as acting CEO of 2 fortune 500 automotive firms Nissan and Renault at the same time.
Once the architecture of Nissan, Renault and Mitsubishi accused of using the company’s assets for personal use and now Nissan board voted to remove from its Chairman Post.
Nissan and French Government is having 15% shares each in Renault and Stocks are tumbling down over the Chairman scandal.
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