Carlos Ghosn, the chairman of Nissan and chief executive of Renault, faces arrest in Japan and will be sacked by the car manufacturers for alleged financial violations.

Renault’s market value dived by €2bn (£1.78bn) to €17bn after the report, with shares falling by 11%. The value of Nissansecurities listed in Germany fell by 12%.

Read more … Sources theguardian

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