Paris — Renault's interim deputy CEO said he would safeguard the car maker's interests in its alliance with Nissan, following the ousting of Carlos Ghosn as Nissan chair over financial misconduct allegations. The Nissan board's vote to remove Ghosn as chair on Thursday drew a firm line under his stewardship of the nearly two-decade-old alliance. "I will make sure we guarantee our stability and stay focused on our missions to preserve the interests of Renault and the sustainability of the alliance," Thierry Bollore, named as Ghosn's stand-in at Renault after the industrial star's arrest in Japan, said in a video to shareholders. The shareholding structure among Renault, Nissan and Mitsubishi, which was brought into the alliance in 2016, has become a source of tension alongside the removal of Ghosn, with Nissan unhappy with what it sees as a junior partner status. Renault owns 43.4% of Nissan, while Nissan has only a 15% nonvoting share in Renault. Yet Nissan is 60% bigger than the Fr...

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