Nissan motor co
Lawyer for Ghosn slams 'outrageous' rules on seeing wife
In an interview with AFP, Takashi Takano revealed that Japan's top court this week backed a lower court's decision to restrict Ghosn's access to his wife Carole...
The extraordinary shareholders' meeting at a Tokyo hotel is the first such gathering since the stunning arrest of the 65-year-old auto sector titan on 19 November.
Former head of the alliance Ghosn is being held in Japan on charges he under-reported millions of dollars in pay as head of Nissan.
Renault currently owns 43% of Japanese automaker Nissan, which itself has a 15% stake in the French company and 34% of Mitsubishi Motors.
A spokeswoman for Ghosn, Devon Spurgeon, said his family had already rented an apartment in Tokyo where he promised to reside while awaiting trial.
The court has previously refused to release the 64-year-old Franco-Lebanese-Brazilian businessman on the grounds that he could present a flight risk and destroy evidence.
Prosecutors raid Nissan's headquarters in the city of Yokohama and Ghosn's luxury Tokyo apartment.
The board is due to meet some time after 4:00 pm, according to sources familiar with the matter, requesting anonymity as the meeting was confidential.
Former Nissan chairman Ghosn, 64, has been in detention since his 19 November arrest on suspicion of under-declaring his income by some five billion yen ($44 million) between 2010 and 2015.
Renault's board has so far stood by Ghosn - naming his deputy Thierry Bollore to handle day-to-day business.
Ghosn was once the darling of corporate and even popular Japan - even having a manga comic inspired by him - and has been the glue holding the auto tie-up together since 1999.
Nissan and Mitsubishi shares plunged Tuesday, as the automakers prepared to oust chairman Carlos Ghosn a day after he was arrested for alleged financial misconduct.
The Nissan case is the latest incident of data tampering which has tarnished Japan’s manufacturing industry and its reputation for high-quality, efficient production.
Nissan builds its Qashqai and Juke models at the north-eastern English site and the company’s sales in Britain, Europe’s second-largest car market, have fallen 35% so far this year.
Profits are supported by a steady sales recovery in North America, its largest market.
The newly appointed CEO will be the first woman to lead a global automaker.
Nissan says it would be ready to bring fully self-driving vehicles to the market by 2020.
The meeting is expected to try and find a way to end the strike which entered its fourth day.
More than 80 percent of Toyota’s workforce of about 8,000 was absent on Monday.