Nissan Motor Co

Honda Motor Co posts $276 mn loss in March quarter due to coronavirus, lockdown; sales decline 15%

Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production

New law to protect foreign investors to exclude tax demands; move to upgrade investment climate: Report

The bill also attempts to upgrade the investment climate and boost foreign investment by setting up new adjudicating authorities to swiftly resolve disputes.

Ousted Renault-Nissan boss Carlos Ghosn refuses to be 'held hostage', confirms he is in Lebanon; denies fleeing justice in Japan

Lebanon does not have an extradition treaty with Japan, according to Japan’s justice ministry, making it unlikely that he could be forced to return to Tokyo to face trial.

Nissan Motor Co reports 70% drop in quarterly profit, slashes full-year outlook to 11-year low

Nissan Motor Co Ltd reported a 70 percent profit drop on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker was hit by falling sales that highlight its ongoing turmoil after the ouster of former head Carlos Ghosn

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

Hyundai hires former Carlos Ghosn ally Jose Munoz as global COO, Americas head

Munoz, 53, joined Nissan in 2004 in Europe and led its expansion in North America after the global financial crisis.

Nissan unveils the Leaf e+ electric car with more power and range: CES 2019

The unveiling of the Leaf e+ had been postponed when executive Carlos Ghosn was arrested on 19 Nov.

Carlos Ghosn's lawyer says Nissan agreed on transfer of currency contracts, denies financial misconduct charges

Ghosn has been arrested on allegations including aggravated breach of trust in shifting personal investment losses worth $17 million to the carmaker during the 2008–2009 financial crisis.

Carlos Ghosn claims innocence in first appearance since November arrest; says unfairly detained on meritless charges

Ghosn is also accused of making $14.7 million in payments to Saudi businessman Khaled Al-Juffali using Nissan funds in exchange for arranging a letter of credit to help with his investment losses.

Carlos Ghosn to spend Christmas, New Year in jail; rearrested, detention extended for 10 days

Ghosn was re-arrested on Friday based on suspicions that around October 2008 he shifted personal trades to Nissan to make it responsible for 1.85 billion yen ($16.6 million) in appraisal losses, prosecutors said.