The board of directors of Renault held adopted transitional governance measures to preserve the interests of the group and the continuity of its operations. The board was chaired by the lead independent director Philippe Lagayette after the opening of judicial proceedings against Carlos Ghosn in Japan. At this stage, the board is unable to comment [...]

Carlos Ghosn, Nissan’s chairman, has been arrested over claims of financial misconduct, according to the BBC. Carlos will be fired from Nissan’s firm after a board meeting on the 22 November, its chief executive said. Including under-reporting his package and personal use of company assets, Carlos has been accused of filing annual securities reports containing [...]

At the Transparent Factory in Dresden, Volkswagen apprentices from Germany and Poland talked about their conservation work, encounters and experiences at Auschwitz Concentration Camp Memorial Site before an audience of employees and managers from Volkswagen Saxony. The Prime Minister of Saxony, Michael Kretschmer, attended the event as guest of honour and discussed with the apprentices [...]