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The future of the Nissan-Mitsubishi-Renault alliance after Ghosns arrest

"As we look at Ghosn's allegations as a serious breach of shareholder confidence in the leadership of not only Nissan…

“As we look at Ghosn’s allegations as a serious breach of shareholder confidence in the leadership of not only Nissan but also the entire alliance, we find media substitutions that say the alliance can fall to be too worried,” Richard Hilgert, a senior stock analyst at Morningstar, said in a listing.

“The scandal represents a key keyman of the alliance, but, in our opinion, the risk does not rise to the level of existence,” he said. 19659002] Another analyst also told CNBC that the alliance is likely to continue despite Ghosn’s arrest.

“Our belief is that the alliance will continue to drive joint operations,” said Janet Lewis, chief of industry research, Asia, on Macquarie Capital Securities on “Squawk Box” Tuesday. “It did not depend on a person, there are hundreds of Renault and Mistubishi and Nissan employees working together on these projects.”

“The degree of integration at lower levels is significant, no one wins if they decide to move away,” she said.

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