Renault shares fell 15% amid scandal with the head of Renault-Nissan-Mitsubishi


During trading on the French stock exchange Euronext Paris, shares of the French car manufacturer Renault were down 15%, and by 13:53 Moscow time, they traded at 56 euro 39 cents per share, having fallen 12.5%. The fall was caused by the scandal around the head of the company and the Renault-Nissan-Mitsubishi alliance Carlos Ghosn, who has been accused of under-reporting of personal income for many years. This information was confirmed by the Japanese car manufacturer Nissan Motors, whose director Hiroto Saikawa proposed to the board of directors that Ghosn be immediately removed from his position. The Japanese newspaper Yomiuri has published an article stating that Ghosn has already been arrested. He is suspected in a suspicion of understating income.

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