Paris, Jan. 17 -- French Economy Minister Bruno Le Maire on Wednesday opined that it was time for new leadership at Renault, saying that its jailed chairman Carlos Ghosn should be replaced as soon as possible.

"We want a meeting of the Renault executive board in the next few days. We're asking for new long-term leadership," Le Maire was quoted by CNN saying.

The French government own 15 per cent of Renault. It previously supported the French automobile manufacturer's decision to allow Ghosn to continue serving his post while awaiting a trial.

On January 11, the 64-year-old Renault boss was indicted for the second time since he was arrested on November 19 last year on charges of financial misconduct.

Ghosn has been charged by Japanese pr...