Summary
What kind of financial blow has the widening scandal surrounding Carlos Ghosn delivered to Nissan Motor Co. and Renault SA? Investors are about to get a glimpse when closely watched earnings releases come out this week.
The risks may be greater for Nissan since the lion's share of allegations against Ghosn reflect his tenure there, and its business challenges are tougher than Renault's.
For years, Nissan's earnings dwarfed Renault's, making a significant contribution to the French carmaker's bottom line.
Nissan relies heavily on China, which is estimated to become its largest market. The company plans to invest $9 billion and introduce 20 electrified models there within three years.
Nissan has to fend off Honda Motor Co. and Toyota, which are accelerating their China pushes.
Renault is absent from the U.S.BrexitBrexit is a bigger risk for Nissan than any other carmaker because it makes three of every 10 cars in the U.K. Nissan cited growing doubts about the U.K.'s split from the European Union in its decision to scrap plans to build the X-Trail SUV in the country.
Going electricIn key technologies for the future, Nissan and Renault need to cooperate more.
Waymo is in advanced talks to develop autonomous cars with Renault, Nissan and Mitsubishi, according to people familiar with the matter.
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