Renault-Nissan-Mitsubishi Alliance to Be Led Jointly by CEOs

The Alliance Board meeting in Amsterdam addressed leadership roles and diffused immediate tensions. Carlos Cone remains chairman, with Hirota Saikawa as vice chairman. Despite concerns about an inequitable partnership, no changes were made to the capital structure. Mitsubishi's CEO emphasized restoring normalcy, focusing on operations rather than personnel changes. The leaders of Nissan, Mitsubishi, and Renault are aligned on the alliance's direction, with no immediate governance changes, but future developments are anticipated.

What was discussed during the board meeting according to the text?

What is the current status of the capital structure or governance of the alliance?