20 Nov 2018

Nissan’s Carlos Ghosn arrested over misconduct claims

Economics Correspondent

He’s one of the most senior figures in the car industry and he’s now under arrest. Carlos Ghosn, the Brazilian-born chairman of Nissan, credited with reviving its fortunes over the past two decades, was detained on allegations of under-reporting his own income and misusing company assets.

Nissan, Mitsubishi and Renault, a three-way alliance of carmakers, all led by Mr Ghosn, have all seen their share prices tumble.