Carlos Ghosn predicts bankruptcy of Nissan

Carlos Ghosn predicts bankruptcy of Nissan

January 22, 2020 0 By autotimesnews

Former Renault-Nissan-Mitsubishi Alliance Leader Carlos Ghosn Predicted Nissan Bankruptcy in Two-Three Years. This was stated by his lawyer during a press conference. The former top manager did not say anything about the reasons for this forecast.

“Ghosn told me that Nissan is likely to go bankrupt in the next two to three years,” the human rights activist said.

Currently, Ghosn continues to be in Lebanon. Prior to this, he violated the terms of the bail and left Japan, where he was under house arrest. He explained his decision by “political persecution.” He also emphasized that he was not going to remain “captive to the unjust Japanese judicial system.”

At a press conference that he held after his escape, Ghosn openly accused Nissan’s leadership that the case against him was fabricated with the help of the Japanese government. He called everything that happened political persecution and a gross violation of human rights. He said that Nissan’s actions almost destroyed the world’s largest alliance, calling the current relationship between the companies a “masquerade”.

Earlier, the Financial Times announced Nissan’s plans to fully complete production and engineering collaboration with Renault. Also, changes in the composition of the board of the Japanese company were not ruled out. It is noted that in the event of termination of relations, carmakers will have to look for new partners. However, Nissan later denied rumors of plans to exit the alliance with Renault and Mitsubishi.