Automakers

Ghosn's Renault role becomes more untenable

The French government believes Ghosn deserves an opportunity to defend himself but it does not want to be seen accused of shielding an executive who enjoyed the trappings of large salaries, at a time when France is rocked by violent protests against rising costs of living and tax cuts for the wealthy. (Bloomberg)
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By:
Bloomberg
January 07, 2019 01:54 PM

PARIS -- Carlos Ghosn will get a chance on Tuesday to make his case to a Tokyo court that he should be released on bail from his 50-day detention over alleged financial impropriety at Nissan. But in Paris, his future as head of Renault is increasingly in doubt.

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