Nissan moves against its legendary chairman officially ousting carlos ghosn after his arrest on financial misconduct charges but the french have yet to act on the star executive who also beats we know. And the European Union may be a Single Market but its not an even Playing Field for fostering high tech business we look at whether the e. U. Can really create a digital Single Market. Im Stephen Beers in berlin thanks for joining us the board of nissan has voted to fire chairman carlos cohn he remains in jail on suspicion of falsifying Financial Reports on japanese car the japanese carmakers french partner renault is meanwhile keeping going on as Chief Executive at least temporarily naming an interim c. E. O. Just yesterday a major rift is threatening to open between the two companies endangering the profitable alliance the french and japanese economy ministers even met today over the matter. It was an equally awaited decision in tokyo and around the world
for hours nissens top executiv
success as well but a no holds a forty three percent stake in a sand giving the french a lot of power in the company through to even appointing than is on board the japanese company has only a fifteen percent stake in reno leaving it with no effective vote or power in its french partner a complete merger would have cemented possession as the weaker partner even though the company is performing better than ran oh the as sting of goan could signify that the japanese automaker wants to expand its influence and its alliance with frog this right now. it s complicated story to help us unravel this a little further let s turn to andre spicer the cast business school in london andre we heard french and japanese officials met today on the subject what do you know when they re talking about. on the one hand you can imagine the french officials perhaps making a case for going he s a representative of all of right now representative the french company and also has