Nissan is opposing renewed efforts by alliance partner Renault to merge under a holding company because such a structure won’t help turn the Japanese carmaker around, according to a person with knowledge of the discussions.

The board of car manufacturer Renault is meeting to settle ex-chairman and CEO Carlos Ghosn's final pay cheque and wrap up its investigation into possible financial wrongdoing under his leadership.

A Japanese court has rejected a request by former Nissan chairman Carlos Ghosn to attend the car maker's board meeting.