Renault is ready to change its mind – it.live-feeds.com

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The French government, a shareholder of Renault, is now calling for the renewal of Carlos Ghosn. Jean-Dominique Senard, Michelin's manager, is the favorite.

A page is turning on Renault. The group is now looking for a new leader, while Carlos Ghosn, who is detained in Japan, should not regain his freedom for several months. The French State, a shareholder of Renault, calls for the establishment of a "New sustainable governance". The Minister of Economy, Bruno Le Maire, wanted the board of directors to meet "In the next days".

In a statement, the group confirms it "He is actively working on the search for the best solution for the future group governance "At the beginning, Renault refused to dismiss Carlos Ghosn, merely appointing a temporary replacement, but since then, French and Japanese have resumed their language." On January 17, the director of the agency of state, Martin Vial, also director of the Renault, and Emmanuel Moulin, head of the staff of Bruno Le Maire, would meet the strongman of Nissan, Hiroto Saikawa.The French part is mainly trying to preserve the alliance between Renault and Nissan, and now seems convinced that it is also the will of Nissan, and it is therefore possible to appoint a new team.

Among the names that circulate, that of Jean-Dominique Senard returns with insistence. The current CEO of Michelin sees his term ending in June. It could take the non-executive president of Renault. Operational management is currently provided by Thierry Bolloré, which could be confirmed in its functions.

A new leader for the alliance will therefore remain to be named, and in principle it should be French. So, in a second time, discussions could open up to change the structure of the alliance. It is then that we can measure the extent of the damage left by Carlos Ghosn's arrest.

Alain Guillemoles

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