Renault Board Acknowledge Nissan Statement

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The board of Goupe Renault have released the following statement regarding a statement issued by Nissan with regards to Renault Chairman Carlos Goshn.

Philippe Lagayette, as lead independent director of Renault, in liaison with Board Committee Chairs Marie-Annick Darmaillac and Patrick Thomas, have acknowledged the contents of Nissan’s press release of today.

Pending provision of precise information from Carlos Ghosn, Chairman and Chief Executive Officer of Renault, the above directors wish to express their dedication to the defense of Renault’s interest in the Alliance. The Board of Directors of Renault will be convened very shortly.

Reports in Japan say that Ghosn was arrested in Tokyo on Monday over alleged financial misconduct with Nissan set to make a statement later this evening.

Ghosn played an instrumental role in Renault’s return to Formula One.

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