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Mitsubishi Follows Nissan in Dropping Ghosn

Mitsubishi Follows Nissan in Dropping Ghosn

Mitsubishi Motors has followed Nissan in the removal of Carlos Ghosn as Chairman. The removal comes following Ghosn’s arrest for alleged financial misconduct in Japan. Ghosn remains Chairman only of Renault at this time.

The decision to remove Ghosn at Mitsubishi came after a 70 minute board meeting, reports Automotive News. Ghosn, who has been detained since November 19th, was not in attendance of the meeting that left CEO Osamu Masuko as temporary chairman. A permanent replacement for Ghosn will be selected at the next Mitsubishi shareholders meeting.

Mitsubishi says it removed Ghosn largely because its partner Nissan had done the same. The Japanese automaker was also becoming concerned with its own reputation being tied to Ghosn’s alleged misconduct. Ghosn became chairman of Mitsubishi in late 2016 when the small Japanese automaker became part of the Nissan-Renault Alliance.

Ghosn’s ouster from Mitsubishi begs the question as to what the future holds for the Nissan-Renault-Mitsubishi Alliance. Currently Ghosn remains chairman only at Renault, while both Japanese automakers have now removed him.





 

About Nick Saporito

AutoVerdict Senior Editor Nick Saporito began writing about cars at age 13. Nick ran a couple of automotive enthusiast sites for several years, before taking some time off to focus on his career and education. By day he's a marketing executive in the telecom world and by night he hangs out here at AV. You'll find him focusing on tech, design and the industry's future.
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  1. arutherford
    Andrew_L
    So do you guys think the Renault-Nissan-Mitsubishi alliance will survive this?


    The worst bloodbath between the two nations since the invasion of French Indochina...
    Andrew_L
    So do you guys think the Renault-Nissan-Mitsubishi alliance will survive this?
    Tone
    It will be interesting to see what Renault does. If they keep him, it starts to look like maybe his desire to formaly merge Nissan and Renault was a bridge too far. If they too let him go, he starts to look a lot more guilty in the public eye.
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