Les Echos: Renault CEO denounces 'coup' at Renault

Renault ousts CEO to 'breathe new life' into Nissan alliance

According to the Nikkei Asian Review, Bollore is set to lose the job amid fears that his close ties with former CEO Carlos Ghosn could be detrimental to Renault's alliance with Nissan, where Ghosn himself was ousted past year after his arrest over alleged financial misconduct.

According to Reuters, Bolloré has been described as Carlos Ghosn's right-hand man, which the Renault-Nissan Alliance feels it needs to step away from.

Renault's chief executive claims he was the victim of a "coup" after being sacked by the vehicle maker's board.

A number of Renault's top executives also left the company recently, with many of them heading to rival PSA, indicating that relations with Bollore are not what they should be.

The company said Bolloré will be replaced on an interim basis by Chief Financial Officer Clotilde Delbos.

Bolloré told French publication Les Echos ahead of the announcement that the board's move to oust him came as a surprise.

It also named two deputies to back up Delbos, top sales executive Olivier Murguet and a senior manufacturing and supply chain chief, Jose-Vicente de los Mozos.

Before his ouster, Ghosn had been working on a plan for a full merger of Renault and Nissan, but had met resistance in Japan, which is concerned about French government influence in the alliance.

"I have always been loyal to him", he added, while calling on the French state, which owns 15 percent of the firm, to ensure "good governance" so as not to "destabilise Renault".

Nissan picked Makoto Uchida, previously the head of its Chinese business, to replace Hiroto Saikawa, who stepped down as CEO in September after he admitted to being improperly overpaid.

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