TOKYO: Nissan chief executive Carlos Ghosn, credited with reinventing the once nearly bankrupt Japanese automaker, said Thursday he is quitting his post to focus on overhauling rival Mitsubishi Motors, but will stay on as chairman.

Ghosn, 62, who also heads up French automaker Renault, will hand over the CEO title to Hiroto Saikawa, who is currently co-chief executive with Ghosn, on April 1.

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