Thomson Reuters The former Nissan chairman Carlos Ghosn is expected to spend New Year’s Day in a Tokyo jail, after a court chose to extend his stay until January 11, in the wake of new allegations of financial misconduct, The Asian Nikkei Review reports. Ghosn has been behind bars since November and was served a […]
Former Nissan Motor Chairman Carlos Ghosn can be held in jail without the possibility of bail until Jan. 11, lengthening a detention that has gone on for a month and a half.
Nissan’s former Chairman Carlos Ghosn was re-arrested on suspicion of shifting personal losses to Nissan, derailing his plans for bail.
Carlos Ghosn received tens of millions of dollars in deferred compensation at Nissan Motor and told colleagues that he was acting appropriately when he didn’t report that money in financial disclosures.
Renault-Nissan-Mitsubishi Alliance Chairman Carlos Ghosn is busy trying to convince shareholders of Nissan and Mitsubishi stock that Renault isn’t aiming to take over its Japanese partners. It’s proving to be no easy task. While Ghosn has been clear of late that a merger isn’t in the works, he’s simultaneously adamant that the relationship between the companies must […]
AP Nearly two decades after saving Nissan from the brink of financial collapse, CEO Carlos Ghosn is taking on another Japanese reclamation project. This time, it’s Mitsubishi Motors. “I’m going to dedicate a little bit of my time in order to steer Mitsubishi back to normal development and support their team,” Ghosn told Business Insider […]
AP General Motors has reportedly agreed to sell off its Opel European division to French auto giant PSA Group. Should the multi-billion dollar deal go through, it has the potential to change the landscape of the European auto market. However, PSA’s crosstown rivals at Renault don’t seem to be overly concerned. In an interview with Business […]
Carlos Ghosn is stepping down as CEO of Nissan to focus on its global alliance with Renault and Mitsubishi, highlighting the group’ challenges in finding a successor for the storied executive. WSJ.com: What’s News US
Carlos Ghosn announced he will be stepping down as CEO of the Nissan on April 1, to be replaced by current Nissan co-CEO Hiroto Saikawa. The move comes after close to two decades of leadership and the rebuilding of a company that was close to disaster. Ghosn isn’t finished with the company he helped rebuild, […]