Renault, Nissan Are Said to Review Consulting Fees at Alliance
- Carmakers said to hire auditing firm to probe the RNBV unit
- Inquiry follows the arrest of Carlos Ghosn, who led alliance
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Nissan Motor Co. and Renault SA will review fees paid to consultants at their automotive alliance as part of a joint probe following former leader Carlos Ghosn’s arrest for alleged financial crimes, people familiar with the matter said.
Renault-Nissan BV, the Amsterdam-based unit set up to coordinate the alliance, usually spent about $10 million to $20 million a year on consultants, two people said, asking not to be identified discussing private matters. The spending at times amounted to as much as a third of its budget, one of the people said.