The sudden decline of Carlos Ghosn wants to release the power of struggle Renault SA and Nissan Motor Co. For more than two decades he has been guarding his alliance.
While both parties express their commitment to each other, they are already preparing to control the largest alliance of the world cars, as people who know their discussions have said. And the French and Japanese governments, in order to defend their interests, could be one of the most up-to-date corporate concerns.
Ghosn said the Japanese arrest on the arrest of allegedly corrupted Nissan opens the door to rebalance the alliance, while Renault struggled to undermine its position, while saying people. Initially, Renault was a stronger partner, but in recent years the situation changed: Nissan now sells the third-largest car every year, and gains more profit.
"The crisis has started the alliance," said Kenneth Courtis, president of Starfort Investment Holdings, an investment, private equity and freight group. "The problematic thing is now emerging".
The story is based on discussions, more than a dozen people take part in companies that participate, and do not discuss private issues. A Renault representative does not mean that Nissan officials did not call for an immediate call.
The Nissan commission was named president Ghos on Thursday, after three days after the arrest, a former executive, unfortunately, unfortunately, he was a huge executive in 1999. According to the newspaper, according to Hiroto Saikawa, CEO Allied said they would be the best means of Japanese automobile. Nissan has been working hard by the French government for some time now, a person said.
The French company will face sudden movements that will renew its relationship, as others have said. Possible scenarios, including a German partner such as Daimler AG, have the alliance to strengthen the European arm, two people say, but such plans are not discussed at this time. Daimler and Renault-Nissan cars and delivery vans started working together eight years earlier. Three-way co-operation has crossed 3.1 percent stake.
France was also credible for both sides, such as Toyota Motor Corp., vice president Didier Leroy, as a mediator. French and former Renault executives, in the 60's, Japanese business figure is very good. Leroy dismissed the comment.
The headquarters meeting is scheduled for next week in Amsterdam, which may be held by Daimler, according to what has been said.
As Renault is the largest shareholder in the French state, Nissan has a 43% voting point, with only 15% of Renault, without the right to vote. This imbalance is angry at Nissan for many years.
Lately, the structure is increasingly controversial in Japan, due to the Nissan's improvement performance. Nissan sold roughly 5.8 million cars last year, for Renault only 3.7 million euros, and connects China. Renault has a small presence and the United States is missing a French automaker.
According to Japanese corporate law, Renault's voting rights could be invalidated. Nissan increases its stake by 25% more than French automobiles. According to France's rules, if Renault is less than 40 percent less than Nissan's shareholding, Japan car reserves the right to vote in the French company.
This week before his arrest, he was busy working on plans for a "sustainable" alliance in Ghos, as Bloomberg reported in March. The resistance of Nissan was confronted, Saikakah, including his former protector.
Both parties have agreed that the future of cooperation is more important than Ghost's fate, which is much more important than the one in the same prison at the detained arrest of the 1995 Tokyo subway sarin attack. a few months ago. He has not commented publicly after his arrest.
His allegations were accurate and serious, a French government officer approached Emmanuel Macron. He also said that the state should prepare long-term talks to address the tensions in order to deal with the shareholder's pact, but today it is undoubtedly not clear until today's governance situation. As Renault temporarily replaced Ghos as CEO, he received more information.
Macron Ghosn's arrest show began on Monday as part of the title, as a minister of finance and by the members of the Renault state, according to the two civil servants in the subject. The French Americans noticed that Ghosn's 64-year-old was not born, although Renault has about 50,000 people in France.
Nissan could be motivated by French, with memories of 2015's maculatory power, Macro, as a minister of economics, promoted Renault's Renault dealership without a warning from Ghosn or Japan. France prevented all Nissan efforts to increase the impact of French automobiles.
The conflict could not be more dangerous. The commitment to the electric vehicle displacement and self-drive is facing long-term challenges and demand a great deal of investment, with a scale of manufacturing and a R & D muscle that is more important than ever. Unified product production, model development, motor share sharing and distribution of parts can lead to imbalance years.
Investors were arrested in Ghos for allegedly wrongdoing and a devastating corporative fight was afraid of selling shares of both companies.
"All parties involved have to be aware that the Nissan and Renault need to be a permanent management and cultural event, after all, a dysfunctional aspect and increased competitiveness," Arndt Ellinghorst, Evercore ISI analyst, wrote in a note. customers