i'm stephen beers in berlin thanks for joining us the board of nissan has voted to fire chairman carlos coned he remains in jail on suspicion of falsifying financial reports on japanese car the japanese carmakers french partner renault is meanwhile keeping going on as chief executive at least temporarily naming an interim c.e.o. just yesterday a major rift is threatening to open between the two companies endangering their profitable lions the french and japanese economy ministers even met today over the matter. it was an equally awaited decision in tokyo and around the world for hours nissen's top executives held consultations with their c.e.o. hero to a psych hour then it became clear go and must leave his position as chairman of the site is expected to be his temporary successor. carstone has plans from the plush surroundings of his executive suite to a spartan cell behind the walls of this tokyo jail rumors that mr management was behind his fall from grace spreads like wildfire. it's a source of kuttab by nissan those who didn't like him tonight's tim internally to make him full. carlos gh

normal day as the employees from nissan head into work but in reality it's the day after their boss carlos cone was arrested put it to me a pretty tough analyst it could owns the rest is regrettable as he's the one who helped nissan turn around its business. last night i hope management can work hard to regain the public's trust most of it on my part i take the place of. trust that carlos ghosn is accused of abusing the superstar auto manager is said to have under reported his income for several years and to have misused company money from asia to europe the news has had a ripple effect groans alliance is a major force on the global automotive market. i understand that nissan chairman carlos ghosn was arrested it is extremely regrettable that we are seeing a development like this. i declined to comment on details of his case as prosecutors investigations are underway regarding its impact on the economy the japanese government will closely watch this development. beyond any potential economic consequences many japanese say they've experienced a sense of betrayal after the revelations. we didn't

i'm stephen beers in berlin thanks for joining us the board of nissan has voted to fire chairman carlos coned he remains in jail on suspicion of falsifying financial reports on japanese car the japanese carmakers french partner renault is meanwhile keeping going on as chief executive at least temporarily naming an interim c.e.o. just yesterday a major rift is threatening to open between the two companies endangering their profitable lions the french and japanese economy ministers even met today over the matter.