Ghosn Attacks Nissan Ahead of Beirut Press Conference

Carlos Ghosn's defense team released a statement accusing Nissan of mischaracterizing the truth and not interviewing him during investigations. This sets the stage for potential revelations, including naming names, which could change the conversation. The Japanese government and Nissan are applying pressure for cooperation. The situation impacts Renault-Nissan relations, with concerns over corporate fallout as stocks hit lows. The automotive industry faces challenges like the shift to electric vehicles and trade wars, making the timing inconvenient.

What did Carlos Ghosn's defense team accuse Nissan of in their statement?

• Supporting Ghosn's actions

• Mischaracterizing the truth

• Conducting a fair investigation

• Collaborating with Renault

How did the Japanese government and Nissan respond to Carlos Ghosn's situation?

• By ignoring the issue

• By collaborating with Ghosn

• By supporting Ghosn's actions

• By applying diplomatic and legal pressure

What potential impact could Carlos Ghosn's revelations have on Renault and Nissan?

• Improving their public image

• Increasing their stock prices

• Overshadowing efforts to mend their relationship

• Strengthening their partnership

What is the state of Nissan and Renault's stocks as mentioned in the transcript?

• Rapidly increasing

• At an all-time high

• At multi-year lows

• Stable and unaffected

What are some of the challenges faced by the automotive industry mentioned in the transcript?

• Lack of technological advancements

• Decline in electric vehicle demand

• Increase in fossil fuel usage

• Trade wars and expensive realignment