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Monday, October 14, 2019

Tag: Nissan

Renault president wants CEO Bollore replaced

Bollore was formerly deputy to disgraced Nissan CEO Carlos Ghosn.

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 looking for third CEO in 3 years

October deadline set for Nissan to replace Hiroto Saikawa.

Crisis-hit Nissan CEO resigns

The Nissan board is hoping to find a successor to Hiroto Saikawa by the end of October.

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.

Japan’s Nissan mulls pulling out of S.Korea as trade tensions rise

Nissan and other Japanese firms have been a casualty of consumer boycotts in South Korea triggered by sudden export curbs by Tokyo earlier this year.

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.

Automakers to get 10-year tax breaks for Ghana plants

Volkswagen and Nissan would soon set up auto-assembly plants when Ghana signs off the 10-year tax break deal.

Nissan, BMW in talks to pull South Africa into electric car...

Among the goals is persuading lawmakers to reduce or drop a 23% import tariff on electric vehicles to help ramp up nascent domestic sales.

Fiat Chrysler open to fresh merger talks with Renault

Fiat walked away from talks on a proposed merger after growing frustrated with tensions between Renault's executives and the French state.

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.

Nissan braces for pain as weak profits force restructuring

As part of the planned cost reduction measures, Nissan is considering production cuts in markets including Southeast Asia and Latin America.

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.

Electric car venture in China: Renault to invest in Jiangling

The plan to expand in the world’s biggest auto market comes amid a crisis in Renault’s two-decade partnership with Nissan.

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.

Nissan X Trail delivers value

These twin flagships are made to suit two different customers.

Nissan board to question Saikawa on 2013 house purchase

Hiroto Saikawa will also be questioned about whether he asked Nissan to buy the house, and be repaid later in instalments.

Renault-Nissan team up with Waymo for driverless mobility services

The three will work together to research commercial, legal and regulatory issues related to providing driverless services in France and Japan.

Macron to discuss Renault-Nissan with Abe next week

French ministers have consistently highlighted the importance of ensuring that the Renault-Nissan alliance remains strong.

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.

Renault vows ‘fresh start’ for alliance with Nissan

Renault chairman Jean-Dominique Senard says the success of its alliance with Nissan is key after a proposed merger with Fiat Chrysler fell apart.

France mulls Renault stake cut to consolidate Nissan partnership

French Finance Minister Bruno Le Maire says Renault should concentrate on forging closer ties with its Japanese partner Nissan.

France seeks to fend off blame for FCA-Renault deal collapse

France if left with no choice but to defend its business strategy after being blamed on the Fiat Chrysler - Renault merger withdrawal.

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