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Carlos Ghosn is handing the executive reins of Nissan to Hiroto Saikawa to focus on Mitsubishi and Renault. The rescue of the fraud-hit Japanese specialist in 4x4 vehicles will be a challenge like the rescue of Nissan earlier in his career while the global car industry is in flux.
Let us take a look at some coal companies that are scheduled to release earnings results this week.
Carlos Ghosn may just have pulled off one of those transformational deals as Nissan is set to obtain a 34 per cent stake in Mitsubishi Motors for some two billion euro at a time that Mitsubishi’s reputation has taken a blow due to irregularities with test results. The deal could make Nissan more important in the alliance with Renault and reduce the power of the French company and limit the influence of the French state.