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Tuesday, October 15, 2019

Tag: Carlos Ghosn

Renault dismisses CEO Bollore, gives no reason for decision

Ouster follows previous boss Carlos Ghosn’s arrest on charges of financial misconduct.

‘Either he resigns or gets fired’, Renault to replace Ghosn protege...

The French carmaker to definitively turn page on former CEO’s era.

Renault president wants CEO Bollore replaced

Bollore was formerly deputy to disgraced Nissan CEO Carlos Ghosn.

Nissan picks Uchida as CEO after Ghosn scandal

Makoto Uchida known for his rigorous work ethic and tight cost control.

Nissan, Ghosn fined for hiding US$140 mil from investors

Ghosn took steps to increase retirement allowance by US$50 million.

Nissan seeks sale of trading unit in US$1 bil deal

Nissan may select its potential buyer as early as October.

Nissan to discuss Saikawa successors at Monday meeting

Hiroto Saikawa's resignation marks the latest upheaval over governance at the troubled Japanese automaker.

Nissan’s Saikawa ready for resignation once successor is found

Hiroto Saikawa, who is ready to resign as CEO, is also willing to take responsibility for scandals involving Carlos Ghosn.

Ghosn’s lawyer says Tokyo prosecutor lacks impartiality

Carlos Ghosn's lawyer calls treatment of his client 'discriminatory' and said such 'extreme harassment' compromised the possibility of a fair trial.

Nissan’s pain worsens on 99% profit plunge, 12,500 job cuts

The dismal results are overshadowing Nissan’s other big headache, the arrest in November of former Chairman Carlos Ghosn on alleged financial crimes.

Ghosn sues Nissan and Mitsubishi for breach of contract

Carlos Ghosn is accusing the Japanese manufacturers of breaching his contract and seeking up to US$16.8 million in damages.

French police raid Renault headquarters, part of Ghosn’s probe

The raid conducted by French police at Renault's headquarters is part of the evidence gathering process into Carlos Ghosn's spending.

Ghosn casts shadow as Macron lands in Japan for talks before...

Shinzo Abe and Emmanuel Macron have stressed that their ties remain strong despite tensions brought to the fore by the arrest of Carlos Ghosn.

Nissan shareholders approve post-Ghosn governance overhaul

The reforms are designed to put Nissan on a more stable footing after the shock caused by former boss Carlos Ghosn's arrest for financial misconduct.

French home of ex-Nissan chief Ghosn searched in Versailles marriage probe

Police went to Ghosn’s home in the town of Etang-la-Ville as part of a preliminary investigation prompted by Renault earlier this year.

Ghosn surprised to hear of proceedings based on audit report

Carlos Ghosn says he's surprised that Renault's board starts a proceeding against him based on an audit report.

Ghosn’s fight to prove his innocence begins in Tokyo

Ghosn’s pre-trial hearing starts and he is facing four charges of financial misconduct.

Tokyo prosecutors detail Ghosn’s alleged cash transfer in revised indictment

A request by Tokyo prosecutors to revise the content of their indictment is now underway.

Toyota, Honda become latest automakers to warn of weaker profits

Tokyo and Honda may undertake new business approaches to keep the world's number one automobile maker brand going.

Ex-Nissan boss Ghosn released from Tokyo jail after posting bail

It was Carlos Ghosn's second spell in the Tokyo detention centre.

Ghosn’s new bail set at US$4.5 mln

Ghosn is set to post the bail and be released for the second time.

Crisis-hit Nissan issues fresh profit warning

Nissan has admitted its difficulties and downfall which is the result of Carlos Ghosn's affair.

Ghosn ‘facing fresh charges’ as detention expires

Ghosn will be hit with a fourth set of charges, this time for allegedly using millions of dollars of Nissan cash for investments in 30 companies. 

Japan Supreme Court rejects Ghosn appeal

The Supreme Court slapped down the appeal without explaining the ruling.