Nissan-Renault rivalry bursts into the open

DRIVING YOUR WAY SOON: Cars that drive themselves could be on the roads four years from now, provided red tape does not get in the way, Carlos Ghosn, head of the Renault-Nissan alliance, said. — Reuters

SINGAPORE: Tensions between Nissan Motor Co and Renault SA over the future of their car-making partnership have exploded into the open as the downfall of chairman Carlos Ghosn roils the automotive industry and his top lieutenant, Hiroto Saikawa, moves to consolidate power in his absence.

The two companies, which are connected via a complex structure of cross-shareholdings and joint manufacturing, have drastically differed in their reactions to Ghosn’s arrest in Japan on suspicion of financial offences.