Nissan removes Ghosn as chair following arrest
TOKYO — The board of Nissan voted to remove Carlos Ghosn as its chair Thursday, three days after he was arrested on allegations that he drastically underreported his income to government regulators over a period of several years. The board’s decision removes Ghosn, one of the world’s most powerful car industry leaders, from his position at the helm of the company he led for 19 years. It is also the opening salvo in what is likely to be an extended power struggle between Nissan and its alliance partner Renault of France, which is Nissan’s largest shareholder. He has yet to be charged with a crime.