US SEC charges Nissan, ex-CEO Ghosn with hiding US$140m from investors
September 24, 2019 | 10:00
US securities regulators on Monday (Sep 23) charged Japanese automaker Nissan and its former CEO Carlos Ghosn with hiding more than US$140 million in Ghosn's expected retirement income from investors.
Nissan seeks clean slate with CEO exit, but challenges remain
September 11, 2019 | 09:25
Crisis-hit Japanese automaker Nissan hopes the resignation of its embattled chief executive will help turn the page on the tumult unleashed by the arrest of former chief Carlos Ghosn.
Nissan to cut 10,000 jobs worldwide: Report
July 24, 2019 | 11:00
Japanese car giant Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Kyodo News agency said on Tuesday (Jul 23), citing company sources.
Renault and Fiat Chrysler stuck over merger terms: Report
May 31, 2019 | 09:36
Talks between Fiat Chrysler and Renault have hit a roadblock over the financial terms of the proposed merger between the Italian-US and French carmakers, the French business daily Les Echos reported online on Thursday (May 30), citing sources close to Fiat Chrysler.
Fiat Chrysler presents plan for merger with Renault
May 28, 2019 | 10:20
Italian-US auto giant Fiat Chrysler presented a merger proposal to France's Renault on Monday (May 27) that would create the world's third largest automaker.
Ghosn family seeks UN help against 'judicial persecution' in Japan
May 27, 2019 | 10:22
The family of former Renault and Nissan head Carlos Ghosn has submitted another request for UN intervention against what it says is his "judicial persecution" in Japan, one of their lawyers said on Sunday (May 26).
Ghosn's trial to be delayed possibly until next year: Reports
April 28, 2019 | 20:07
Former Nissan chief Carlos Ghosn's trial, which was expected to begin in September, will be delayed, local media said on Saturday (Apr 27), hinting that it may not start this year.
Ghosn 'facing fresh charges' as detention expires
April 22, 2019 | 10:00
Carlos Ghosn will learn his immediate fate on Monday (Apr 22) when his detention period over suspected financial misconduct expires amid reports prosecutors will file fresh charges against the former Nissan boss.
Ghosn to reveal who he blames for arrest in Japan: Wife
April 07, 2019 | 19:39
Former Nissan boss Carlos Ghosn has recorded a message in which he names the people he believes are to blame for his legal problems in Japan, his wife said in an interview on Sunday (Apr 7).
Former Nissan chief Ghosn set to leave Japan cell on bail
March 06, 2019 | 14:34
TOKYO: Former Nissan chief Carlos Ghosn could leave his Tokyo detention centre on Wednesday (Mar 6) after a court overnight upheld a shock decision to grant him bail, rejecting an appeal by prosecutors.
Honda to close UK plant in 2022, risking 3,500 jobs: Reports
February 19, 2019 | 10:43
Japanese car giant Honda is expected to announce the shutdown of its plant in south west England in 2022, putting 3,500 jobs at risk, media reports said on Monday (Feb 18).
Nissan faces SEC probe over executive pay
January 28, 2019 | 17:06
TOKYO: The US Securities and Exchange Commission is investigating Nissan over executive pay, the firm said Monday (Jan 28), the latest blow for the auto giant reeling from the arrest of former chairman Carlos Ghosn over alleged financial misconduct.
Goodbye to Ghosn as Renault appoints new chiefs
January 25, 2019 | 16:55
French car manufacturer Renault named two experienced auto executives to replace arrested boss Carlos Ghosn on Thursday (Jan 24), signalling the start of a new era for the manufacturer and its vital but strained alliance with Nissan and Mitsubishi.
Ghosn received 8 million euro in 'improper' payments: Nissan
January 19, 2019 | 11:47
Former Nissan boss Carlos Ghosn received nearly eight million euros in "improper payments" from a Netherlands-based joint venture, the Japanese car giant alleged Friday (Jan 18), threatening to sue to recover the funds.
Ghosn suffers fever in Japan jail, skips questioning: Report
January 11, 2019 | 11:38
Ex-Nissan chief Carlos Ghosn has been suffering from a high fever and was unable to meet investigators for questioning on Thursday (Jan 10), local media said, citing his lawyers.
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