French carmaker Renault said on Friday that it had decided to push back a decision regarding the 2018 pay package for ousted boss Carlos Ghosn.
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Earlier this week, Japan's Nissan and Renault said they would retool the world's top car-making alliance to put themselves on a more equal footing, breaking up the all-powerful chairmanship previously wielded by Ghosn. Ghosn is facing trial in Japan for failing to disclose some US$82 million in income he had arranged to be paid later, as well as transferring personal investment losses to Nissan when he was chief executive. He denies any wrongdoing.Renault bought 43 percent of Nissan ahead of the 1999 rescue. Nissan holds a 15 percent, non-voting stake in Renault, while Renault's top shareholder is the French government.
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