Jump to content
News
Reviews
Discussons
Activity
Create New...
Close
  • William Maley
    William Maley

    By William Maley •

    Rumorpile: Ghosn Agrees to Step Down as Renault Chairman

      Possible replacements are expected to be discussed later this week

    Even though Carlos Ghosn is in jail in Japan and no longer in charge of Nissan and Mitsubishi, he still holds the chairman position at Renault. But new reports reveal that he'll be stepping down later this week.

    Reuters has learned from three sources that Ghosn has agreed to resign from Renault. This stems from Renault's largest stockholder, the French government calling for a leadership change. Also, Ghosn's latest request for bail was rejected by a Tokyo court. This comes a couple days before an emergency board meeting at Renault where they will consider appointing outgoing Michelin CEO Jean-Dominique Senard as chairman, and promoting Thierry Bollore as CEO.

    Renault did confirm the meeting, but a spokesman did not respond to any questions about what will take place at the meeting.

    The departure of Ghosn at Renault is being seen as the first step of smoothing out the rocky relationship between it and Nissan. As we have reported previously, Renault has been questioning Nissan's rationale of removing Ghosn. Partly this is due to Nissan trying to balance out the relationship between the two companies - Renault has voting power on Nissan's board, but Nissan doesn't have any sort of voting power on Renault's board.

    Source: Automotive News (Subscription Required), Reuters

    Edited by William Maley

    Go to articles

    User Feedback

    Recommended Comments

    smk4565

    He was still Chairman?!?   Although really I thought he would just run Nissan, Mitsubishi and Renault all from his jail cell.  Seems like something he would want to do.  This guy is a piece of work.  I think my all time favorite Ghosn move was when he "stepped down" as CEO of Nissan, only to pick his successor and make him self that guy's boss as chairman of the Nissan-Mitsu-Renault alliance.

    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.

    ×

  • google-news-icon.png



  • google-news-icon.png

  • Subscribe to Cheers & Gears

    Cheers and Gears Logo

    Since 2001 we've brought you real content and honest opinions, not AI-generated stuff with no feeling or opinions influenced by the manufacturers.

    Please consider subscribing. Subscriptions can be as little as $1.75 a month, and a paid subscription drops most ads.*
     

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Community Hive Community Hive

    Community Hive allows you to follow your favorite communities all in one place.

    Follow on Community Hive

  • Similar Content

  • Posts

    • trinacriabob
      Random Thoughts Thread

      By trinacriabob · Posted

      The incoming rectangular lamps on many GM cars in that era made them much more attractive.  They made a big difference. Now, as far the powerplant went, the notion of 500 cubic inches was mindboggling even during the malaise era.  If you want to see someone's jaw drop, tell a European that their engines have 8200 cc or 8.2 liters.  For those who aren't driving the occasional Mustang or Camaro you see, they freak out at anything over 2,500 or 3,000 cc.
    • trinacriabob
      Random Thoughts Thread

      By trinacriabob · Posted

      Thank you for the response. I want to reinstall them into the computers, especially the "newer" one.  The old one has been a real champ.   The reason for not leaving them in the desktop is that the basic tower might have to be transported ... and not by me.  That means it will be out of my possession for a while.  Since the HDs would be traveling with me, they'll have to get scanned through airport security a time or two.  I'm guessing that shouldn't mess with the data.   I've already backed up the C drive on several large 1 TB portable hard drives.  I don't want to touch the basic functions and files on the computers since I don't know how that all works.  I stay away from the drives and files I am not familiar with. I tend to donate other things to charity.   I did give the Regal I once owned to charity.   A good friend told me that, about a month or two later, he saw it being driven around the city by its new owner and we had a good laugh. This is what I want to do.  I'm just trying to figure out if the guy or gal at Office Depot can size a case based on looking up the unit and the HD in it.  Any ideas on that part?  Or should I do that and approximate the size and weight of the part to get the cases?
    • trinacriabob
      Airplanes

      By trinacriabob · Posted

      I'm wondering about a lot of things related to this.  I am sure that, sadly, the passengers inside were jolted.  This is way different from a rough landing. Why was it even necessary to do it?  What was going on at the airport property at that time?  How does one even pull this off?  I've seen some vids of where they barely touch and then go off again, but this one looks way more complicated.
    • David
      Random Thoughts Thread

      By David · Posted

      Need some serious work. Reminds me of this article I read last night. https://www.drivingline.com/articles/the-cadillac-500-cubic-inch-v8-was-gms-last-classic-big-block/ I can see electric motors going the same route as ICE, getting bigger/more powerful but not as huge as the big block caddy days.
    • A Horse With No Name
      Random Thoughts Thread

      By A Horse With No Name · Posted

      Would have been a pretty car back in the day.    Gone now! https://www.facebook.com/reel/450056464120794

  • Who's Online (See full list)

    • There are no registered users currently online

  • My Clubs

×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

I've whitelisted
Continue without support

Write what you are looking for and press enter or click the search icon to begin your search

Change privacy settings