Tag Archives: Nissan

  Tokyo, Japan | AFP | Prosecutors in Japan on Tuesday obtained an arrest warrant for Carole Ghosn, wife of former Nissan chief Carlos Ghosn, who last month jumped bail and fled the country. The warrant was issued as the fallout from the escape of one of Japan’s most high-profile …

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 …

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 …

London, United Kingdom | AFP | Nissan will stop production of Infiniti cars at its factory in Sunderland, northeast England, the Japanese carmaker said Tuesday, one month after cancelling the plant’s plans for the X-Trail SUV. Infiniti Motor Company, a division of Nissan, said in a statement that it would stop production of Q30 and …

Tokyo, Japan | AFP | The case of auto tycoon Carlos Ghosn has gripped Japan and the business world since his stunning arrest in November, and now he is finally getting his day in court. Ghosn will be able to make his first public statement at a brief hearing on …

Tokyo, Japan | AFP | Former Nissan Chairman Carlos Ghosn is likely to appear in a Japanese court next Tuesday to hear the reasons for his detention, after his lawyers deployed a little-used article of the Constitution. The shock move was the latest in a series of unexpected twists in …

Tokyo, Japan | AFP | The board of automaker Nissan failed Monday to agree a replacement for former chairman Carlos Ghosn after his arrest for financial misconduct, as tensions grow in the firm’s alliance with Renault. The Japanese company removed Ghosn from his post last month after he was detained …

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 …