Can The Renault-Nissan Marriage Be Saved?
Bloomberg Businessweek|January 20, 2020
The automakers’ global alliance is fraying now that its architect, Carlos Ghosn, is out
Tara Patel and Ania Nussbaum
Can The Renault-Nissan Marriage Be Saved?

For Renault SA and Nissan Motor Co., the Carlos Ghosn saga is a nightmare that never seems to end. Fallout from their ex-boss’s November 2018 arrest in Tokyo for alleged financial crimes permeated deep into the French and Japanese carmakers’ operations, paralyzing decision-making and straining their twodecade partnership nearly to the breaking point.

Yet in the last few months of 2019, the companies gave themselves a second chance to mend the shattered relationship. In a bid to start anew, Nissan replaced top management and Renault dramatically ousted its chief executive officer, former Ghosn protégé Thierry Bollore. But the bad dream came back with a vengeance when Ghosn burst back onto the global scene as an international fugitive, following a spectacular escape from Japan and his strict bail restrictions to his native Lebanon (page 52).

Ghosn regained the freedom to speak publicly, and judging by what he’s said, during a 2½-hour Beirut press conference and subsequent interviews, much of his vitriol is directed at the auto makers, which along with Mitsubishi Motors Corp. form the world’s biggest carmaking alliance. He accused Nissan executives of colluding with Japanese prosecutors out of spite over losing power to Renault in the alliance. He also seemed to snub Renault’s managers for not completing merger discussions with Fiat Chrysler Automobiles NV, which he said were well under way before his arrest. The question now is whether Ghosn’s media assault has rekindled the spark of suspicion between the companies enough to put them on an inexorable path to separation.

Denne historien er fra January 20, 2020-utgaven av Bloomberg Businessweek.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 20, 2020-utgaven av Bloomberg Businessweek.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BLOOMBERG BUSINESSWEEKSe alt
Instagram's Founders Say It's Time for a New Social App
Bloomberg Businessweek US

Instagram's Founders Say It's Time for a New Social App

The rise of AI and the fall of Twitter could create opportunities for upstarts

time-read
4 mins  |
March 13, 2023
Running in Circles
Bloomberg Businessweek US

Running in Circles

A subscription running shoe program aims to fight footwear waste

time-read
3 mins  |
March 20 - 27, 2023
What I Learned Working at a Hawaiien Mega-Resort
Bloomberg Businessweek US

What I Learned Working at a Hawaiien Mega-Resort

Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.

time-read
10 mins  |
March 20 - 27, 2023
How Noma Will Blossom In Kyoto
Bloomberg Businessweek US

How Noma Will Blossom In Kyoto

The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking

time-read
3 mins  |
March 20 - 27, 2023
The Last-Mover Problem
Bloomberg Businessweek US

The Last-Mover Problem

A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps

time-read
10+ mins  |
March 20 - 27, 2023
Tick Tock, TikTok
Bloomberg Businessweek US

Tick Tock, TikTok

The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban

time-read
10+ mins  |
March 20 - 27, 2023
Cleaner Clothing Dye, Made From Bacteria
Bloomberg Businessweek US

Cleaner Clothing Dye, Made From Bacteria

A UK company produces colors with less water than conventional methods and no toxic chemicals

time-read
3 mins  |
March 20 - 27, 2023
Pumping Heat in Hamburg
Bloomberg Businessweek US

Pumping Heat in Hamburg

The German port city plans to store hot water underground and bring it up to heat homes in the winter

time-read
3 mins  |
March 20 - 27, 2023
Sustainability: Calamari's Climate Edge
Bloomberg Businessweek US

Sustainability: Calamari's Climate Edge

Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment

time-read
4 mins  |
March 20 - 27, 2023
New Money, New Problems
Bloomberg Businessweek US

New Money, New Problems

In Naples, an influx of wealthy is displacing out-of-towners lower-income workers

time-read
4 mins  |
March 20 - 27, 2023