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Nissan Board to meet for ejecting Ghosn as future of alliance in focus

Nissan Motor Company is holding a board meeting to oust Chairman Carlos Ghosn. [Photo:Reuters]

TOKYO- Nissan Motor Co will hold a board meeting on Thursday to oust Chairman Carlos Ghosn after the shock arrest of its once-revered leader, starting what could be a long period of uncertainty in its 19-year alliance with Renault.

The Franco-Japanese alliance, enlarged in 2016 to include Japan’s Mitsubishi Motors, has been rattled to its core by Ghosn’s arrest in Japan on Monday, with the 64-year-old group chairman and industry star accused of financial misconduct.

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