Carlos Ghosn, who is in custody in Japan, has resigned from French carmaker Renault, according to reports.
The French finance minister, Bruno Le Maire, told Bloomberg Television that “Carlos Ghosn just resigned last night”.
Mr Ghosn has remained at the helm of Renault while being held in Japan since 19 November over allegations of financial misconduct at Nissan,
Read: Carlos Ghosn makes his first court appearance since arrest
He held top jobs at both carmakers because of an alliance between them.
Renault is scheduled to hold a board meeting later on Thursday.
Source: BBC