Cracks appear in the world’s biggest autos alliance

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Cracks appear in the world’s biggest autos alliance

Hong Kong (CNN Business)The tension in the world’s biggest autos alliance was laid bare Monday when Nissan said it had been denied an opportunity to tell Renault’s board the full story about why it fired Carlos Ghosn in late November.

Nissan (NSANY) CEO Hiroto Saikawa told reporters that the Japanese carmaker wants to show the board of its French partner evidence it collected of “significant” wrongdoing by Ghosn, who remains CEO and chairman of Renault (RNSDF) while locked up in a Tokyo jail. So far, Nissan has only briefed lawyers for Renault.
The stalemate highlights the serious differences within the alliance, which also includes Mitsubishi Motors (MMTOF), on how to handle the allegations against Ghosn.