Monday , March 1 2021

Japan pledges to help stabilize Nissan-Renault-Mitsubishi car alliance ::

Japan promises to help stabilize the Nissan-Renault-Mitsubishi car alliance

Carlos Gon. Photo: Reuters

Japan is ready to work to stabilize the Nissan-Renault-Mitsubishi car alliance after Monday's statement that President Gonzalez was detained by the Tokyo Prosecutor's Office for suspicion of tax evasion, embezzlement of the company's money and financial mechanisms, Reuters reports.

Nissan said in the media that he has been the victim of Gon's actions, one of the world's largest car leaders, and plans to remove it from the administration.

At present, the prosecutor's office gathers information about Japanese concern, as Nissan can be sued, Japanese Asahi cited by referring to anonymous sources.

At the moment, the company refuses to comment on the case.

"The Alliance is a symbol of French-Japanese industrial success and we will continue to support it," a spokesman for the Japanese government said on Wednesday, asking for a solid relationship between the three concerns.

The Japanese business newspaper Nikkei reported on Tuesday that Gon received nearly 4 billion yen (over $ 35 million) of pay for a five-year period until March 2015, which was not announced in Nissan's financial statements.

Nissan shares rose 0.8% on Wednesday, as their value declined almost 6% on the previous day. Shares of Mitsubishi Motors fell 0.6 percent after losing 7 percent of its value on Tuesday.

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