“Even AvtoVAZ remade”: what the arrest of Carlos Ghosn means for the Russian auto industry
The legendary CEO of Renault, the creator of the world's largest alliance of automakers Renault-Nissan-Mitsubishi, Carlos Ghosn, was arrested for financial fraud for the purpose of tax evasion. Most likely, the top manager will have to leave all his posts. Ghosn was the main ideologist of the alliance deal with AvtoVAZ, 75% of which is now owned by the French-Japanese company. Fraud, arrest, resignation Carlos Ghosn was arrested Monday afternoon in Tokyo.