The new management body of Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. held its first meeting Friday and began discussing ways to strengthen the alliance in the wake of former Chairman Carlos Ghosn’s multiple arrests.
Nissan CEO Hiroto Saikawa, Renault CEO Thierry Bollore and Mitsubishi Motors CEO Masuko Osamu attended the meeting, which was chaired by Renault Chairman Jean-Dominique Senard at the French carmaker’s headquarters in Boulogne-Billancourt, in the suburbs of Paris.
“The potential of the alliance must now be valued properly and that’s in our hands. It’s up to us to define our future,” Renault said in a statement, though it did not elaborate further.