Nissan Removes Chairman Carlos Ghosn as chairman following his arrest for financial misconduct

Nissan has removed auto industry legend Carlos Ghosn as chairman following his arrest earlier this week on suspicion of financial misconduct at the Japanese carmaker. The vote by Nissan's board on Thursday ends Ghosn's reign at the top of the company dating back nearly two decades and could fracture a powerful alliance that he forged with France's Renault. Ghosn was detained by Tokyo via IFTTT