Renault-Nissan-Mitsubishi Should Stay Together to Be Competitive, Morningstar Says

The transcript discusses the challenges faced by an automotive alliance, focusing on the importance of economies of scale and the power dynamics between Nissan and Renault. It highlights the management and governance issues within the alliance, particularly in light of recent scandals. The discussion also touches on transparency and legal concerns in Japan Inc., questioning the role of auditors and the interpretation of the law.

What implications does the ousting of Carlos Ghosn have on the alliance?

What are the expectations of Nissan's management regarding their power within the alliance?

What questions does the situation raise about governance and transparency in Japan?