Renault-Nissan Alliance: New holding company chairman named

Thierry Bollore has been named chairman of the holding company responsible for coordinating the Renault-Nissan Alliance, replacing embattled executive Carlos Ghosn in the role. Although he's resigned from his role as chairman and CEO at Nissan and Renault, Renault this week confirmed the currently-detained Ghosn is still a director on its board.