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Posts filtered by tags: Carlos Ghosn[x]


 

Automotive Politics: Saikawa Stays as Nissan’s CEO, Renault’s Next Move

Nissan’s Hiroto Saikawa appears to be staying on as CEO, despite claiming late last year that he would soon step down. While not sensational news in itself, the decision is underpinned by growing animosity between the automaker and alliance partner Renault. Back in March, the Renault-Nissan-Mitsubishi Alliance was doing damage control following the arrest of […] The post Automotive Politics: Saikawa Stays as Nissan’s CEO, Renault’s Next Move appeared first on The Truth About Cars.
Tags: Japan, France, Auto Industry, Autos, Nissan, Renault, Industry News, Carlos Ghosn, News Blog, Board of Management, Hiroto Saikawa, Renault Nissan Mitsubishi Alliance, Nissan-Renault-Mitsubishi Alliance, Jean-Dominique Senard, Automotive Politics


Versailles Party Video Makes Ghosn Look Like a 17th Century Monarch

Auditors attempting to assess how down and dirty Carlos Ghosn’s spending habits were have reportedly become very interested in a YouTube video of a party held at the Palace of Versailles in 2014. While the clip doesn’t showcase any cash-fueled orgies or golden idol worship, it does present a extravagant party that was supposedly paid for […] The post Versailles Party Video Makes Ghosn Look Like a 17th Century Monarch appeared first on The Truth About Cars.
Tags: Japan, Scandal, France, Autos, Automotive Industry, Nissan, Renault, Coup, Versailles, Carlos Ghosn, News Blog, Hot Legal Action, Nissan-Renault-Mitsubishi Alliance, Versailles Party


Nissan’s Bad Year Greenlit for a Sequel

Nissan is bracing for a bad year. On Tuesday, the automaker held a press conference at its headquarters in Yokohama, Japan, to tell the world that it’s forecasting a 28-percent decline in operating profit this year. While that sounds bad, it comes on the heels of the company’s financial results for the 12-month period ending March […] The post Nissan’s Bad Year Greenlit for a Sequel appeared first on The Truth About Cars.
Tags: Industry, Autos, Nissan, Renault, Industry News, Yokohama Japan, Carlos Ghosn, News Blog, Hiroto Saikawa, Earnings Reports, Nissan-Renault-Mitsubishi Alliance, Jean-Dominique Senard


Carlos Ghosn Re-released From Japanese Jail

The embattled ex-patriarch of the Renault-Nissan-Mitsubishi Alliance has posted an additional $4.5 million in bail. Beyond some new indictments regarding his alleged misappropriation of corporate funds, not much has changed regarding the case. Ghosn and his legal team continue to maintain his innocence, suggesting that Nissan orchestrated the entire ordeal as part of a industrial […] The post Carlos Ghosn Re-released From Japanese Jail appeared first on The Truth About Cars.
Tags: Japan, Scandal, France, Autos, Automotive Industry, Nissan, Renault, Coup, Ghosn, Carlos Ghosn, News Blog, Renault Nissan Mitsubishi Alliance, Hot Legal Action, Nissan-Renault-Mitsubishi Alliance


Nissan-Renault Relationship Has Not Improved, Despite Assurances to the Contrary

If Nissan and Renault were a living, breathing couple, they’d be the duo all of your other friends whisper about. They’d be the couple with the big house and seemingly successful children that everyone knows fights bitterly in the evenings — screaming at each other before retiring to their separate bedrooms. The relationship, while healthy in terms […] The post Nissan-Renault Relationship Has Not Improved, Despite Assurances to the Contrary appeared first on The Truth About Cars.
Tags: Japan, France, Government, Mergers, Autos, Automotive Industry, Law And Order, Nissan, Renault, Ghosn, Carlos Ghosn, Nissan Renault, News Blog, Renault-Nissan-Mitsubishi Alliance, Wheeling And Dealing


Nissan Supports Notre Dame Restoration, Ditto for Relationship With Renault

Nissan Motor Co. has pledged a donation of 100,000 euros ($112,000) for the restoration of the fire-kissed Notre Dame Cathedral in Paris. However, the company’s act of kindness is overshadowed by its rather interesting timing. Nissan’s relationship with partner Renault and the French government has grown strained since the arrest of former Alliance boss Carlos Ghosn — […] The post Nissan Supports Notre Dame Restoration, Ditto for Relationship With Renault appeared first on The Truth About Cars.
Tags: Japan, Paris, Autos, Automotive Industry, Nissan, Notre Dame, Donations, Renault, Coup, Carlos Ghosn, Notre Dame Cathedral, Nissan Motor Co, News Blog, Hot Legal Action, Nissan-Renault-Mitsubishi Alliance


Former Top Nissan Exec Arrives at Hyundai, Asked to Look After North America

José Muñoz, who resigned as Nissan’s chief performance officer in January, is now on the Hyundai payroll. Muñoz jumped ship as turmoil roiled Nissan’s upper ranks and investigations began in the wake of former chairman Carlos Ghosn’s arrest. The exec, seen as a close ally to Ghosn, previously served as chairman of the automaker’s North American business […] The post Former Top Nissan Exec Arrives at Hyundai, Asked to Look After North America appeared first on The Truth About Cars.
Tags: Autos, North America, Nissan, Hyundai, Ghosn, Carlos Ghosn, Munoz, Executives, Jose Munoz, News Blog, Auto Executives, Nissan Exec Arrives


Carlos Ghosn Releases Video Message From Prison

Out on bail and awaiting trial, former Nissan CEO Carlos Ghosn was arrested in Japan last week for the fourth time since November — putting the kibosh on a scheduled press conference where he promised to “tell the truth” about what’s been going on. While Ghosn’s supposed bombshell will have to wait for another day, he did manage to […] The post Carlos Ghosn Releases Video Message From Prison appeared first on The Truth About Cars.
Tags: Japan, Scandal, Autos, Automotive Industry, Nissan, Renault, Coup, Ghosn, Carlos Ghosn, News Blog, Hiroto Saikawa, Hot Legal Action, Nissan-Renault-Mitsubishi Alliance


Ousted Nissan chief Carlos Ghosn says ‘this is a conspiracy’ in video message

While the former CEO of Nissan and Renault Carlos Ghosn is currently in jail, his lawyer and communication team released a new video statement. The seven-minute video was shot hours before his latest arrest. Ghosn claims that there’s a conspiracy against him. “This is about back-stabbing,” he said. “If you are listening to me through this video today, it means that I was not able to make the press conference that I planned for April, 11,” Ghosn said. Ghosn took advantage of every minute he ha...
Tags: San Francisco, Tech, Automotive, Nissan, Renault, Ghosn, Carlos Ghosn, Renault Carlos Ghosn, Carole Ghosn


Shareholders Boot Carlos Ghosn From Nissan Board

Nissan wasted no time in dropping Carlos Ghosn as company chairman after his initial November arrest, but the nature of business meant shareholders had to meet to vote him off the board. That meeting took place Monday morning in a Tokyo hotel. There, some 4,119 shareholders gathered to break Ghosn’s last tie to the company he […] The post appeared first on The Truth About Cars.
Tags: Autos, Tokyo, Nissan, Renault, Ghosn, Carlos Ghosn, News Blog, Renault-Nissan Alliance, Nissan Board, Law And Roder


Nissan’s Former Chairman Carlos Ghosn Has Been Ousted From the Board Following a Shareholder Meeting

Ghosn says he is innocent of all allegations
Tags: News, Uncategorized, Autos, Nissan, Ghosn, Carlos Ghosn, Overnight, Onetime


Ghosn Back in Jail, Tokyo Court Approves 10-day Detention

Carlos Ghosn is back in jail and a Tokyo court just approved a request by prosecutors to detain him for 10 days of additional questioning. Despite already spending 108 days in prison and scrounging up $9 million for bail a month ago, the court rejected an appeal by the former auto executive’s lawyer to set him […] The post Ghosn Back in Jail, Tokyo Court Approves 10-day Detention appeared first on The Truth About Cars.
Tags: Japan, Autos, Tokyo, Nissan, Renault, Carlos Ghosn, News Blog, Hot Legal Action, Nissan-Renault-Mitsubishi Alliance, Japanese legal system, Ghosn Back in Jail Tokyo Court, Jail Tokyo Court


It Looks Like We’ll Have to Wait for Carlos Ghosn’s Big Tell-all

Ousted Renault chief executive Carlos Ghosn, who was also dropped as Nissan and Mitsubishi chairman following his November arrest, seemed to appear on Twitter Wednesday, promising to give readers the straight dope on his situation. “I’m getting ready to tell the truth about what’s happening,” the inaugural tweet of the verified account stated. “Press conference […] The post It Looks Like We’ll Have to Wait for Carlos Ghosn’s Big Tell-all appeared first on The Truth About Cars.
Tags: Autos, Law And Order, Nissan, Mitsubishi, Renault, Ghosn, Carlos Ghosn, News Blog


Ex-Nissan Boss Carlos Ghosn Has Been Arrested For The Fourth Time

After being released on bail less than a month ago, Japanese authorities have rearrested the former head of the Renault-Nissan-Mitsubishi Alliance
Tags: Autos, Carlos Ghosn, Fourth Time


Ghosn Weirdness Intensifies

Happy to relegate Carlos Ghosn to the past, Renault has announced its former CEO will soon leave the company’s executive board, along with Cherie Blair, wife of former British prime minister Tony Blair. Annette Winkler, the ex-head of Daimler’s Smart brand, will be proposed as the new director at the company’s annual meeting in June, according […] The post Ghosn Weirdness Intensifies appeared first on The Truth About Cars.
Tags: Twitter, Japan, Scandal, Autos, Automotive Industry, Cherie Blair, Nissan, Daimler, Renault, Coup, Carlos Ghosn, News Blog, Hot Legal Action, Nissan-Renault-Mitsubishi Alliance, Tony Blair Annette Winkler


Nissan’s Saikawa Reportedly Approved Ghosn’s Retirement Deal; Coup Claims Emerge

The arrest of Carlos Ghosn, former head of the Renault-Nissan-Mitsubishi Alliance, seemed a rather straightforward back in November. By the time he was changing into his orange pajamas (or whatever color is most common in Japanese prisons), Nissan chief executive Hiroto Saikawa announced Ghosn had been dismissed from the company’s board. At the time, he claimed Ghosn […] The post Nissan’s Saikawa Reportedly Approved Ghosn’s Retirement Deal; Coup Claims Emerge appeared first on The Truth About Ca...
Tags: Japan, Coups, Autos, Automotive Industry, Nissan, Renault, Industry News, Ghosn, Carlos Ghosn, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance, Corporate Scandals


Renault Reportedly Interested in FCA; Nissan Merger Still in the Works

Renault reportedly wants to restart merger talks with Nissan next year and is even considering a follow-up marriage with another automaker — possibly Fiat Chrysler. While the Renault-Nissan-Mitsubishi Alliance’s official goals for 2019 are difficult to pin down, a memorandum of understanding was recently established to improve corporate synergy and reassure the public that members can play nice […] The post Renault Reportedly Interested in FCA; Nissan Merger Still in the Works appeared first on ...
Tags: Auto Industry, Fca, Mergers, Autos, Fiat, Automotive Industry, Nissan, Mitsubishi, Renault, Industry News, Carlos Ghosn, Fiat Chrysler Automobiles, Business Strategy, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance


Renault-Nissan-Mitsubishi Alliance Seeks ‘New Start’

A meeting rumored to be targeted at developing a new board to oversee the Renault-Mitsubishi-Nissan Alliance took place earlier this week at Nissan’s global headquarters, sans Carlos Ghosn, with the automakers agreeing to a consensus-based governing strategy. At the heart of this pact is the need to diffuse tensions between France and Japan. If you’ll recall, […] The post Renault-Nissan-Mitsubishi Alliance Seeks ‘New Start’ appeared first on The Truth About Cars.
Tags: Japan, France, Industry, Auto Industry, Autos, Automotive Industry, Nissan, Mitsubishi, Renault, Carlos Ghosn, Thierry Bollore, News Blog, Osamu Masuko, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance, Jean-Dominique Senard


Ghosn Tries to Speak With Alliance Board Over Big Changes, Blocked by Court

Rather than focus entirely on his upcoming court case, Carlos Ghosn, the former chairman of the Renault–Nissan–Mitsubishi Alliance, attempted to gain access to a meeting at Nissan Motor Co. to explain himself to the board. Unfortunately for the fallen industry titan, the Tokyo District Court said such a meeting would violate the terms of his bail by […] The post Ghosn Tries to Speak With Alliance Board Over Big Changes, Blocked by Court appeared first on The Truth About Cars.
Tags: Court, Mergers, Autos, Automotive Industry, Nissan, Mitsubishi, Meetings, Renault, Ghosn, Carlos Ghosn, Nissan Motor Co, Tokyo District Court, News Blog, Mitsubishi Alliance, Renault-Nissan-Mitsubishi Alliance, Auto Alliances


With Ghosn Gone, Nissan CEO Allegedly Changes Mind About Retirement

Nissan’s Chief Executive Officer, Hiroto Saikawa, apparently intends to stick around a little longer than previously expected. According to unnamed Nissan staffers who spoke to Bloomberg, the CEO told executives he plans to stay at least three more years to help the automaker recover from the aftermath of the scandal involving Renault-Nissan-Mitsubishi Alliance head Carlos Ghosn — despite recently […] The post With Ghosn Gone, Nissan CEO Allegedly Changes Mind About Retirement appeared first on ...
Tags: Bloomberg, Autos, Automotive Industry, Nissan, Renault, Industry News, Carlos Ghosn, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance


Ghosn Leaves Japanese Jail in Disguise, Out on $8.9 Million Bail

Former Renault CEO Carlos Ghosn has left a Tokyo prison after posting bail to the tune of $8.9 million. His 108-day detention ended with the industry titan being escorted out out the building while wearing a disguise that entailed a cap, surgical mask, glasses, and workman’s clothes. Ghosn left the Tokyo Detention House around 4:30 […] The post Ghosn Leaves Japanese Jail in Disguise, Out on $8.9 Million Bail appeared first on The Truth About Cars.
Tags: Japan, Autos, Tokyo, Jail, Law And Order, Nissan, Renault, Industry News, Ghosn, Carlos Ghosn, News Blog, Renault-Nissan, Hot Legal Action, Tokyo Detention House


Carlos Ghosn Gets His Wish, Could Be Sprung From Jail This Week

In the auto realm, the term “bailout” doesn’t normally refer to the actual granting of bail, but Renault and alliance partner Nissan wasn’t in need of outside assistance — their former boss was. After multiple attempts to secure release from a Tokyo detention center met with failure, Carlos Ghosn, arrested on suspicion of financial misconduct on […] The post Carlos Ghosn Gets His Wish, Could Be Sprung From Jail This Week appeared first on The Truth About Cars.
Tags: Autos, Tokyo, Law And Order, Nissan, Renault, Ghosn, Carlos Ghosn, News Blog, Renault-Nissan


Ghosn to Pay Back Costs From Ritzy Versailles Wedding

While former Renault CEO (and ex-Nissan chairman) Carlos Ghosn is no longer living the high life, this wasn’t always the case. After performing an audit in the wake of Ghosn’s Nov. 19 arrest, Renault stumbled upon an improper use of a very exclusive venue, paid for with company sponsorship funds. The event was Ghosn’s 2016 […] The post Ghosn to Pay Back Costs From Ritzy Versailles Wedding appeared first on The Truth About Cars.
Tags: Autos, Law And Order, Nissan, Renault, Ghosn, Carlos Ghosn, News Blog, Renault-Nissan Alliance


How Renault and Nissan first got together

The Renault-Nissan Alliance has been in the news for all the wrong reasons -- its chief Carlos Ghosn was arrested, accused of not reporting his full income -- but do you know how these two seemingly unrelated automakers got together in the first place? Find out more in my "Rearview Mirror" column at the National Post (Driving.ca). [Author: Jil McIntosh]
Tags: Autos, Nissan, Renault, Carlos Ghosn, Renault Nissan Alliance, Jil McIntosh, Automotive History


Mitsubishi Sides With Nissan in Merger Backlash, Ghosn Claims He Was Set Up

Depending who you ask, the November arrest of disgraced auto executive Carlos Ghosn was either swift justice or a coup d’etat — with some help from the Japanese government. Re-arrested in December and held ever since without bail, Ghosn faces breach of trust charges alleging the exec covered losses incurred through foreign exchanges with Nissan’s funds […] The post Mitsubishi Sides With Nissan in Merger Backlash, Ghosn Claims He Was Set Up appeared first on The Truth About Cars.
Tags: Japan, Autos, Law And Order, Nissan, Mitsubishi, Renault, Crime And Punishment, Ghosn, Carlos Ghosn, News Blog, Osamu Masuko, Hiroto Saikawa, Renault-Nissan Alliance


Nissan CEO Hiroto Saikawa to Step Down, but Only After Taking Out Some Trash

Claiming he wants a fresh start for the scandal-rocked Renault-Nissan Alliance, Nissan CEO Hiroto Saikawa announced on Friday his intention to move aside in the coming months, giving someone else a chance to run the company. Alliance partner Renault divested itself of former CEO Carlos Ghosn this week, two months after the executive’s Tokyo arrest. With […] The post Nissan CEO Hiroto Saikawa to Step Down, but Only After Taking Out Some Trash appeared first on The Truth About Cars.
Tags: Autos, Tokyo, Nissan, Renault, Carlos Ghosn, Alliance, News Blog, Hiroto Saikawa, Renault-Nissan Alliance, Renault Nissan Alliance Nissan


The Disgraced Ex-Nissan CEO Has Now Quit Renault… From Prison

Carlos Ghosn, the former head of the Renault-Nissan-Mitsubishi Alliance, has finally resigned his post as chairman and CEO of Renault, and has done so from a Japanese prison cell
Tags: Autos, Nissan, Renault, Carlos Ghosn, Renault Nissan Mitsubishi Alliance


Ghosn Gone: Jailed Exec Hands Over Renault, Closing the Last Chapter in his Alliance Reign

After an unceremonious booting from the chairman role at Nissan and Mitsubishi, Carlos Ghosn’s departure from alliance member Renault was more orderly. As expected, the French automaker’s board accepted the jailed executive’s resignation Thursday, handing over the CEO and chairman roles to Thierry Bolloré and Michelin CEO Jean-Dominique Senard, respectively. After building an alliance marrying two major […] The post Ghosn Gone: Jailed Exec Hands Over Renault, Closing the Last Chapter in his Alli...
Tags: Autos, Michelin, Nissan, Renault, Ghosn, Carlos Ghosn, Thierry Bollore, News Blog, Renault-Nissan Alliance, Executive Shuffle, Jean-Dominique Senard, Mitsubishi Carlos Ghosn


Ghosn’s Days As an Auto Executive Could End Tomorrow

As the Carlos Ghosn saga slowly crawls its way towards a trial, the former Nissan and Mitsubishi chairman might soon add another “former” to his list of descriptors. In an effort to mend a rift in the automotive alliance, Renault’s board has scheduled an emergency meeting for Thursday, during which the pressure will be on […] The post Ghosn’s Days As an Auto Executive Could End Tomorrow appeared first on The Truth About Cars.
Tags: Autos, Law And Order, Nissan, Mitsubishi, Renault, Ghosn, Carlos Ghosn, News Blog, Renault-Nissan Alliance


Ghosn’s Bail Petition Rejected, Wife Slams Treatment

For detained industry titan Carlos Ghosn, getting out of the slammer has thus far proven an insurmountable challenge. Interned in a Tokyo jail since his Nov. 19 arrest, the Renault CEO and former Nissan chairman has repeatedly seen his bail appeals fall on deaf ears, with past indictments squashing previous hopes for release. On Tuesday, […] The post Ghosn’s Bail Petition Rejected, Wife Slams Treatment appeared first on The Truth About Cars.
Tags: Autos, Tokyo, Law And Order, Nissan, Renault, Ghosn, Carlos Ghosn, News Blog, Renault-Nissan Alliance



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