Renault VP Ghosn to become Nissan chief operating officer
Carlos Ghosn, Renault SA vice president, who will become
chief operating officer at Nissan Motor Co., with a stern look on his
face, watches a press conference held in Tokyo on March 27 by Nissan
President Yoshikazu Hanawa and Renault Chairman Louis Schweitzer.
Both signed a broad agreement that calls for the French automaker to
take a 36.8 percent equity stake in the debt-ridden Japanese
carmaker. Under the accord, Renault will invest 643 billion yen
(about 5.4 billion dollars) in the Nissan group.
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- Kyodo / Kyodo News Images
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