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Gripped by Ghosn crisis, Renault expects slight sales growth

Renault expects to deliver sales growth in 2019, despite the imminent ouster of Chairman and Chief Executive Carlos Ghosn and tension with alliance partner Nissan.
Tags: Money, businessNews, Renault, Ghosn, Carlos Ghosn


Nissan says Ghosn received $9m in improper payments

A Nissan-Mitsubishi investigation found Carlos Ghosn received funds from a joint venture between the firms.
Tags: Business, Nissan, Ghosn, Carlos Ghosn, Nissan Mitsubishi


Ghosn received $9 million improperly from Nissan-Mitsubishi JV - companies

Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from a joint venture (JV) between Nissan Motor Co and Mitsubishi Motors Corp, the companies said on Friday.
Tags: Money, businessNews, Ghosn, Carlos Ghosn, Nissan Motor Co, Mitsubishi Motors Corp, Nissan Mitsubishi


Mitsubishi board considers new allegations against Ghosn

TOKYO (AP) — Mitsubishi Motors held a board meeting Friday to examine the latest allegations of unreported compensation against Carlos Ghosn, who led Nissan for two decades and forged the alliance between the Japanese automakers. The allegations center around a 7.8 million euro ($8.8 million) payment made to Ghosn last year by a 50-50 venture […]
Tags: Business, News, Ap, Nation, Tokyo, Nissan, Mitsubishi, Ghosn, Carlos Ghosn, Mitsubishi Motors


Ghosn received $9 million improperly from Mitsubishi-Nissan JV: companies

Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from a joint venture between Nissan Motor Co and Mitsubishi Motors Corp, the companies said on Friday.
Tags: Money, businessNews, Ghosn, Carlos Ghosn, Nissan Motor Co, Mitsubishi Motors Corp, Mitsubishi Nissan


Tokyo court denies appeal by Nissan ex-chair Ghosn for bail

TOKYO (AP) — A Tokyo court rejected Thursday another appeal by lawyers of Nissan's former chairman Carlos Ghosn to have him released on bail.The lawyers had appealed a rejection by the Tokyo District Court two days earlier of their... [Author: [email protected]]
Tags: Business, Ap, Tokyo, Nissan, Ghosn, Carlos Ghosn, Tokyo District Court


Nissan ex-chair Ghosn's lawyer appeals court bail rejection

TOKYO (AP) — Nissan's former chairman Carlos Ghosn's lawyers have appealed the rejection by a Tokyo court earlier this week of their request for his release on bail.Thursday's appeal comes two days after the Tokyo District Court... [Author: [email protected]]
Tags: Business, Ap, Tokyo, Nissan, Ghosn, Carlos Ghosn, Tokyo District Court


French government calls for Renault board meeting to replace Ghosn

French Finance Minister Bruno Le Maire said on Wednesday the government had called for a Renault board meeting in the coming days to replace the company's scandal-hit chairman and Chief Executive Carlos Ghosn.
Tags: Money, businessNews, Renault, Ghosn, Bruno Le Maire


Nissan plans to file for damages against Ghosn - source

Nissan Motor Co Ltd plans to file a civil suit against ousted chairman Carlos Ghosn to claim damages resulting from the alleged misuse of company funds, a person with knowledge of the issue said, adding to the high-profile executive's legal headaches.
Tags: Money, businessNews, Nissan, Ghosn, Carlos Ghosn, Nissan Motor Co Ltd


France seeks Renault board meeting to replace Ghosn - sources

The French government is moving to dismiss Renault's scandal-hit Chairman and Chief Executive Carlos Ghosn and has requested a board meeting to consider candidates to replace him, sources with knowledge of the matter told Reuters.
Tags: Money, France, businessNews, Renault, Ghosn, Carlos Ghosn


France seeks Renault board meeting to replace CEO Ghosn - sources

The French government is moving to dismiss Renault's scandal-hit Chairman and Chief Executive Carlos Ghosn, and has requested a board meeting to consider candidates to replace him, sources with knowledge of the matter told Reuters.
Tags: Money, France, businessNews, Renault, Ghosn, Carlos Ghosn


Tokyo court denies bail to Nissan's ex-chair Carlos Ghosn

TOKYO (AP) — The Tokyo District Court says it has turned down a request by Nissan's former chairman Carlos Ghosn's for release on bail, prolonging his detention.Ghosn, 64, was arrested on Nov. 19 and has been charged with falsifying... [Author: [email protected]]
Tags: Business, Ap, Tokyo, Nissan, Ghosn, Carlos Ghosn, Tokyo District Court


Wife says ex-Nissan boss Ghosn suffers 'harsh' treatment in jail

The wife of ousted Nissan Motor Co Ltd chairman Carlos Ghosn has urged New York-based Human Rights Watch to draw attention to his "harsh treatment" during detention in a Japanese jail, a letter seen by Reuters showed on Sunday.
Tags: New York, Money, businessNews, Nissan, Human Rights Watch, Reuters, Ghosn, Carlos Ghosn, Nissan Motor Co Ltd


Ghosn's wife slams Japan detention as 'draconian' in letter

TOKYO (AP) — The wife of Nissan's former chairman Carlos Ghosn has written a letter to Human Rights Watch, an advocacy group, criticizing Japan's criminal justice system.Carole Ghosn wrote in a nine-page letter Monday her husband's... [Author: [email protected]]
Tags: Business, Japan, Ap, Tokyo, Nissan, Ghosn, Carlos Ghosn, Carole Ghosn


Nissan top executive Munoz resigns amid broadened Ghosn probe

One of Nissan Motor Co's top executives has resigned, further rattling the Japanese automaker's management team as it broadens an investigation into ousted Chairman Carlos Ghosn's alleged financial misconduct.
Tags: Money, businessNews, Nissan, Ghosn, Carlos Ghosn, Munoz, Nissan Motor Co


Nissan executive Munoz resigns after Ghosn's arrest

TOKYO (AP) — Nissan Chief Performance Officer Jose Munoz, who took a leave of absence a week ago, has resigned, the first high-profile departure at the Japanese automaker publicly acknowledged as related to the arrest of former Chairman... [Author: [email protected]]
Tags: Business, Ap, Tokyo, Nissan, Ghosn, Munoz, Jose Munoz


Nissan China chief Jose Munoz resigns amid broadened Ghosn probe

Nissan Motor Co Ltd's head of China operations Jose Munoz has resigned following reports that the Japanese automaker has broadened its investigation into ousted Chairman Carlos Ghosn's alleged financial misconduct.
Tags: Money, China, businessNews, Ghosn, Carlos Ghosn, Nissan Motor Co Ltd, Jose Munoz, Nissan China


Nissan executive Jose Munoz resigns amid broadened Ghosn probe

Nissan Motor Co Ltd's Chief Performance Officer Jose Munoz has resigned, a company spokesman said on Friday in an emailed statement to Reuters.
Tags: Money, businessNews, Nissan, Ghosn, Nissan Motor Co Ltd, Jose Munoz


Nissan expands Ghosn probe to more countries, executive Munoz under scrutiny: sources

Nissan Motor Co Ltd has broadened its investigation into ousted chairman Carlos Ghosn to include dealings that took place in the United States, India and Latin America, three people with knowledge of the inquiry said.
Tags: Money, businessNews, Nissan, Latin America, Ghosn, Carlos Ghosn, Nissan Motor Co Ltd, Munoz, United States India


Nissan ex-chief Ghosn seeks bail after indictment on two new charges

Nissan ex-Chairman Carlos Ghosn has requested his release on bail after being indicted in Tokyo on Friday on two new charges, his lawyers said, as the once-feted auto executive awaits a lengthy criminal trial that could be as long as six months away.
Tags: Money, businessNews, Tokyo, Nissan, Ghosn, Carlos Ghosn


Ghosn lawyers seek bail after ex-Nissan chief indicted on two new charges

Defence lawyers for Nissan ex-Chairman Carlos Ghosn said they will seek his release on bail after Tokyo prosecutors indicted him on Friday on two new charges of financial misconduct.
Tags: Money, businessNews, Tokyo, Nissan, Ghosn, Carlos Ghosn


Timeline: Key dates in the investigation of Nissan ex-Chairman Ghosn

Ousted Nissan Motor Co Ltd Chairman Carlos Ghosn was indicted on two additional charges of financial misconduct on Friday, bringing the number of charges against him to three.
Tags: Money, businessNews, Nissan, Ghosn, Carlos Ghosn, Nissan Motor Co Ltd


Insight: Ghosn's Renault lieutenant drew extra salary via holding - documents

One of Renault boss Carlos Ghosn's senior executives received an additional six-figure salary unknown to the carmaker's board via the Dutch joint venture overseeing its alliance with Nissan, according to sources and documents seen by Reuters.
Tags: Money, businessNews, Nissan, Renault, Ghosn, Carlos Ghosn


Ex-Nissan chair Ghosn indicted for alleged breach of trust

TOKYO (AP) — Nissan's ex-chairman Carlos Ghosn was charged Friday with breach of trust in the latest blow for the star executive, according to the Tokyo District Court.Ghosn was detained on Nov. 19. Earlier, he was charged with... [Author: [email protected]]
Tags: Business, Ap, Tokyo, Nissan, Ghosn, Carlos Ghosn


Nissan's Ghosn indicted on two new charges of financial misconduct

Tokyo prosecutors indicted former Nissan Motor Co Ltd Chairman Carlos Ghosn on two new charges of financial misconduct on Friday, his lawyer said, adding to the legal challenges for the once-feted auto executive.
Tags: Money, businessNews, Tokyo, Nissan, Ghosn, Carlos Ghosn, Nissan Motor Co Ltd


Carlos Ghosn indicted on fresh financial misconduct charges in Japan

Former Nissan head says he is innocent, meaning he could remain in detention until trial beginsCarlos Ghosn could remain in detention for several months after prosecutors indicted him on two new charges of financial misconduct, days after the former Nissan chairman insisted he had been wrongly accused.Ghosn was charged with aggravated breach of trust and for understating his compensation by 4.3 billion yen for three years through March 2018, the Nikkei business daily said. Continue reading...
Tags: Business, Japan, Asia Pacific, Automotive Industry, Nissan, Ghosn, Carlos Ghosn


Nissan's Ghosn indicted on two new charges of financial misconduct - media

Tokyo prosecutors indicted former Nissan Motor Co Ltd Chairman Carlos Ghosn on two new charges of financial misconduct on Friday, local media reported, adding to the legal challenges for the once-feted auto executive.
Tags: Money, businessNews, Tokyo, Nissan, Ghosn, Carlos Ghosn, Nissan Motor Co Ltd


Renault finds no illegal payments to Carlos Ghosn in past two years

Investigation will now examine payments made to former Nissan chairman before 2017Renault has said it has so far found no evidence of illegal or fraudulent payments to Carlos Ghosn, despite the chief executive of the French carmaker remaining under arrest in Japan.Ghosn was by Japanese authorities over allegations he under-reported income from Nissan, the carmaker he formerly led alongside Renault. He remains in the custody of Japanese authorities in Tokyo. Continue reading...
Tags: Business, Japan, World news, Asia Pacific, Tokyo, Automotive Industry, Nissan, Renault, Ghosn, Carlos Ghosn


Renault, Nissan boards get investigation updates before expected new Ghosn indictment

The boards of Renault and Japanese partner Nissan met on Thursday for an update on ongoing investigations surrounding alleged financial misconduct by alliance boss Carlos Ghosn, both companies said.
Tags: Money, businessNews, Nissan, Renault, Ghosn, Renault Nissan, Carlos Ghosn


Ghosn's Renault lieutenant drew extra salary via holding - documents

One of Renault boss Carlos Ghosn's senior executives received an additional six-figure salary unknown to the carmaker's board via the Dutch joint venture overseeing its alliance with Nissan , according to sources and documents seen by Reuters.
Tags: Money, businessNews, Nissan, Renault, Ghosn, Carlos Ghosn



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