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Auto industry in shock after arrest of Nissan head Ghosn

The arrest of Nissan chairman Carlos Ghosn for alleged financial misconduct has sent shockwaves through the auto industry. Prosecutors in Tokyo said Ghosn, 64, was accused of understating his income by about five billion yen ($44.5 million) over about five years. Nissan and Mitsubishi have said they are preparing to remove Ghosn, head of the Renault-Nissan-Mitsubishi […]

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