Chennai: Carlos Ghosn has resigned as chief executive and chairman of Renault, ending his leadership roles in the auto industry.
The move, according to reports has signalled the start of a new era for the French manufacturer.
Ghosn, the most powerful man in car-making until his sensational arrest last November in Japan on financial misconduct charges, had already been sacked as chairman of Japanese auto groups Nissan and Mitsubishi.
The 64-year-old had, unti now, held on to the top job at Renault, which has been run on an interim basis by one of his deputies while he languishes in a Japanese jail.
French Finance Minister Bruno Le Maire said a senior director from the firm “received last night the letter of resignation from Carlos Ghosn”.