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Nissan
China

Nissan China boss Jose Munoz resigns after reports of wider Carlos Ghosn probe

  • Japanese carmaker looking into decisions made by Munoz in the United States
  • He is widely seen as being close to ousted chairman Ghosn and a ‘person of interest’ in the investigation into alleged financial misconduct

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Earlier this year, Nissan tapped Jose Munoz to oversee its operations in China, where it plans to ramp up sales. Photo: Reuters
Reuters

Nissan Motor’s head of China operations Jose Munoz has resigned following reports that the Japanese carmaker has broadened its investigation into ousted chairman Carlos Ghosn’s alleged financial misconduct.

Reuters reported earlier on Friday that the Japanese carmaker was looking into decisions made in the United States by Munoz, who led Nissan’s North American operations from 2016 to 2018.

He joined the carmaker in 2004 in Europe and led its ambitious expansion in North America after the global financial crisis.

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Since then, Nissan has succeeded in raising its market share in the United States.

In a LinkedIn post on Friday, Munoz said: “I am proud to have played a role in achieving 74 per cent growth in North America, gaining market dominance in Mexico, getting China market share on the growth path, and helping the Renault-Nissan-Mitsubishi Alliance become the highest volume group in the world.”

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Nissan has cut local production plans in China in the coming months amid signs of a slowdown. Photo: Reuters
Nissan has cut local production plans in China in the coming months amid signs of a slowdown. Photo: Reuters
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