Mitsubishi Motors

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Mitsubishi Motors - Total results - 19
Renault to start search for new CEO after Carlos Ghosn scandal; Nissan announces China unit head Makoto Uchida as CEO
Business

Renault to start search for new CEO after Carlos Ghosn scandal; Nissan announces China unit head Makoto Uchida as CEO

The succession proposal for Renault's current Chief Executive Thierry Bollore could be on the agenda of the next board meeting on 18 October

Nissan quarterly net profit plunges, plans to cut 12,500 jobs on weak sales; vows to recover in second and third quarter
Business

Nissan quarterly net profit plunges, plans to cut 12,500 jobs on weak sales; vows to recover in second and third quarter

Nissan is currently undergoing an overhaul intended to strengthen governance after the Ghosn scandal.

Fiat Chrysler withdraws $35-bn merger offer for Renault, blames French politics for scuttling landmark deal
Business

Fiat Chrysler withdraws $35-bn merger offer for Renault, blames French politics for scuttling landmark deal

Nissan had indicated that a full merger between Renault and Fiat Chrysler would significantly alter the structure of Nissan’s cross-shareholding alliance with Renault and require a fundamental review of their relationship.

Carlos Ghosn suffers setback as Japan court rejects ex-Nissan chief’s request to attend board meeting
Business

Carlos Ghosn suffers setback as Japan court rejects ex-Nissan chief’s request to attend board meeting

Prosecutors submitted a document to the Tokyo District Court from Nissan stating its opposition to Carlos Ghosn attending Tuesday’s board meeting, Ghosn’s lawyer, Junichiro Hironaka, told reporters.

Former Nissan chairman released after posting bail; arrested for fraud, Carlos Ghosn was detained for 4 months
World

Former Nissan chairman released after posting bail; arrested for fraud, Carlos Ghosn was detained for 4 months

Former chairman of Nissan Motor, Carlos Ghosn, was released from a Tokyo detention centre Wednesday after posting 1 billion yen ($8.9 million) bail

Carlos Ghosn set to leave jail after more than 100 days in custody, says to fight Japan's 'meritless' charges
Business

Carlos Ghosn set to leave jail after more than 100 days in custody, says to fight Japan's 'meritless' charges

The court confirmed on Wednesday that Carlos Ghosn had posted the 1 billion yen ($9 million) bail, among the highest ever in Japan.

Nissan poised to propose Carlos Ghosn replacement on board; new Renault chief Jean-Dominique Senard likely choice: Report
Business

Nissan poised to propose Carlos Ghosn replacement on board; new Renault chief Jean-Dominique Senard likely choice: Report

The Japanese firms jettisoned Carlos Ghosn almost immediately but Renault waited much longer and the tycoon eventually resigned as chairman and CEO.

Tokyo court denies ex-Nissan chief Carlos Ghosn's bail request; auto tycoon likely to stay in custody until trial
Business

Tokyo court denies ex-Nissan chief Carlos Ghosn's bail request; auto tycoon likely to stay in custody until trial

The decision means Ghosn is likely to stay in custody until his trial, which even his own defence lawyer has admitted could take six months to begin

Former Nissan chief Ghosn charged for under-reporting salary; served with fresh arrest warrant
Business

Former Nissan chief Ghosn charged for under-reporting salary; served with fresh arrest warrant

Prosecutors on Monday pressed formal charges on Ghosn — and key aide Greg Kelly — over this allegation, which both men are said to deny.

Japan-France spat over Nissan-Renault brews as Carlos Ghosn remains jailed; 19-yr-old auto alliance faces test
Business

Japan-France spat over Nissan-Renault brews as Carlos Ghosn remains jailed; 19-yr-old auto alliance faces test

The 19-year-old alliance between Renault and Nissan is facing its biggest test to date after the arrest of its larger-than-life leader, Carlos Ghosn, for suspected financial misconduct.

Mitsubishi sacks Ghosn as Chairman after more allegations begin to leak out
auto

Mitsubishi sacks Ghosn as Chairman after more allegations begin to leak out

The current allegations could see Ghosn facing 10 years behind bars and/or a 10-million Yen fine.

Carlos Ghosn faces Mitsubishi axe now as more charges surface; authorities plan to re-arrest disgraced Renault CEO
Business

Carlos Ghosn faces Mitsubishi axe now as more charges surface; authorities plan to re-arrest disgraced Renault CEO

Top executives from Mitsubishi Motors gather on Monday to sack Carlos Ghosn as chairman over alleged financial misconduct that the once-revered tycoon denies, as further allegations leaked out against him.

Nissan board sacks Chairman Carlos Ghosn following reports of financial misconduct
News & Analysis

Nissan board sacks Chairman Carlos Ghosn following reports of financial misconduct

Ghosn's fall from grace came as he was working on a full-blown merger of Nissan and Renault.

Nissan board fires chairman Carlos Ghosn, ushers in a period of uncertainty for 19-year alliance with Renault
Business

Nissan board fires chairman Carlos Ghosn, ushers in a period of uncertainty for 19-year alliance with Renault

The Franco-Japanese alliance, enlarged in 2016 to include Japan’s Mitsubishi Motors, has been rattled to its core by Ghosn’s arrest in Japan on Monday

Nissan Chairman Carlos Ghosn arrested over 'significant acts of misconduct', company to fire him
Business

Nissan Chairman Carlos Ghosn arrested over 'significant acts of misconduct', company to fire him

Nissan accused its chairman Carlos Ghosn of "significant acts of misconduct" including underreporting his income and said it would propose his dismissal.

Nissan agrees to takeover Mitsubishi with a $2.29 billion investment; Masuka to stay
Biztech

Nissan agrees to takeover Mitsubishi with a $2.29 billion investment; Masuka to stay

Nissan Motor Co Ltd said on Thursday it had completed a deal to take a controlling stake in Mitsubishi Motors Corp, and would be retaining the embattled automaker's chief executive to ensure its recovery from a mileage cheating scandal.

Nissan will appoint Carlos Ghosn as the chairman of Mitsubishi
Auto

Nissan will appoint Carlos Ghosn as the chairman of Mitsubishi

Nissan Motor Co Ltd will appoint its chief executive, Carlos Ghosn, as chairman of Mitsubishi Motors Corp as Japan's second-biggest automaker is set to buy 34 percent of its smaller peer, the Nikkei newspaper reported on Wednesday.

Mitsubishi headquarters raided by Japan’s Transport Ministry over fuel-economy scandal
Auto

Mitsubishi headquarters raided by Japan’s Transport Ministry over fuel-economy scandal

The raid took place after Mitsubishi Motors admitted this week that more models were involved in the fuel-economy scandal

 L&T gains as Mitsubishi eyes stake in co
Investing

L&T gains as Mitsubishi eyes stake in co

Infrastructure major L&T gained as much as 2.60 percent on BSE after Japan's Mitsubishi Heavy Industries expressed interest in buying stake the in company.