Tag Archives: Carlos Ghosn

Paris, France | AFP | French automaker Renault said Monday that it would study “with interest” a 50-50 merger proposal from Fiat Chrysler, a deal that could reshape the industry as Renault reviews its options following the arrest in Japan of its chief executive. Renault had for years tied its strategy …

Tokyo, Japan | AFP | Crisis-hit Japanese car company Nissan on Tuesday unveiled net profits at a near-decade low as it battles to recover after the shock arrest of its talismanic former boss Carlos Ghosn. Net profits for the fiscal year to March 2019 came in at 319 billion yen ($2.9 …

Tokyo, Japan | AFP | Japan’s Supreme Court has rejected an appeal by lawyers for Carlos Ghosn against his detention, local media said Saturday, dashing the former Nissan boss’s hopes for an early release. The 65-year-old former auto tycoon had appealed to Japan’s highest court after lower court judges ruled he …

Paris, France | AFP | French carmaker Renault said Wednesday that a joint Renault-Nissan audit of their Dutch subsidiary RNBV had raised “serious questions” over millions of euros in expenses incurred by ousted CEO Carlos Ghosn. “Certain expenses which have yet to be precisely quantified, but may amount to several million …

Yokohama, Japan | AFP | An advisory committee established by Japanese car giant Nissan to improve governance after the stunning arrest of former boss Carlos Ghosn on corruption allegations unveiled recommendations Wednesday to prevent further scandals. The seven-person body suggested abolishing the position of chairman vacated by Ghosn, with an external …

For every leader, managing your succession is a key task and one that must not be left until it is too late COMMENT | Bill Emmott | The spectacular rise and fall of Carlos Ghosn, “Le Cost Killer” who saved Nissan after 1999 and built a powerful partnership of the Japanese …