Investors bracing for a potentially radical change in one of the world's largest carmaking alliances can rely on one thing: its driving force staying put.
Carlos Ghosn, who built the three-way union of Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., said overseeing the group is a job he can keep adding value to and isn't looking to relinquish. Ghosn will further reduce his roles at the three individual companies once his contribution becomes "limited," the 64-year-old executive said in an interview in Yokohama.
"If there is one job for which I'm still having a strong contribution, it is chairman and CEO of the alliance," Ghosn said. "I have played a historic role in building this alliance and I have legitimacy in the three companies that allows me today to act in the way that maybe other people would not be able to."
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.