Indonesian company feeling the pain of Ghosn’s arrest

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

JAKARTA: The impact from the arrest of Nissan Motor Co’s chairman Carlos Ghosn has spread all the way to Indonesia.

Shares of PT Indomobil Sukses Internasional, which distributes Nissan cars in South-East Asia’s biggest economy, posted a 7% decline in two days as uncertainty surrounds the world’s largest car alliance.