Tag Archives: NISSAN

Nissan, Renault, boss, Carlos Ghosn, Japan, bullet train ride, Tokyo, Osaka

Ghosn took bullet train to Osaka en route to Lebanon

01 January, 2020 11:54 pm 11:54 pm

TOKYO (Reuters) – Former Nissan and Renault boss Carlos Ghosn began his astonishing escape from Japan with a bullet train ride from Tokyo to Osaka, possibly accompanied by several people, Japanese news agency Kyodo reported Monday. Japanese authorities also said on Monday they may still press for Ghosn’s extradition from Lebanon to face multiple charges … Read More

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Ghosn fled Japan after security firm hired by Nissan stopped surveillance &...

01 January, 2020 10:34 pm 10:34 pm

TOKYO (Reuters) – Ousted Nissan boss Carlos Ghosn left his Tokyo residence after a private security firm hired by Nissan Motor Co (7201.T) stopped monitoring him, three sources familiar with the matter told Reuters on Saturday. Ghosn has become an international fugitive after he revealed on Tuesday he had fled to Lebanon to escape what … Read More


Nissan, ex-CEO Ghosn charged in US with hiding $140mn from investors

09 September, 2019 7:03 am 7:03 am

NEW YORK – US securities regulators on Monday charged Japanese automaker Nissan and its former CEO Carlos Ghosn with hiding more than $140 million in Ghosn’s expected retirement income from investors. Ghosn will pay $1 million in fines to settle the matter and will be barred from serving as a corporate executive for 10 years, … Read More

Cramaker Nissan plans to shed 10,000 jobs worldwide, reports claim

07 July, 2019 10:55 am 10:55 am

92 NEWS (Web Desk) – Carmaker magnet Nissan plans to cut more than 10,000 jobs worldwide as part of efforts to turn itself around, Japanese media have reported. Nissan announced in May it would cut 4,800 jobs from its global workforce of around 139,000 as it grapples with a fall in profits to a near-decade low … Read More


Carmakers Nissan, Volvo and FCA push European car sales declined by 7.9%

07 July, 2019 11:56 am 11:56 am

PARIS (Reuters) –  Triggered by bigger declines for Nissan (7201.T), Volvo and Fiat Chrysler (FCA) (FCHA.MI), European car sales dropped 7.9 per cent in June, says  industry data published on Wednesday. Registrations fell to 1.49 million cars last month from 1.62 million a year earlier across the European Union and EFTA countries, the Brussels-based Association … Read More

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US rejects Tesla bid for tariff exemption for Autopilot ‘brain’

05 May, 2019 8:18 am 8:18 am

WASHINGTON (Reuters) – US trade officials rejected Tesla Inc’s bid for relief from President Donald Trump’s 25-percent tariffs on the Chinese-made Autopilot “brain” of its Model 3 and other electric vehicles, one of more than 1,000 product denials linked to China’s industrial development plans. According to documents filed by the US Trade Representative’s office (USTR) … Read More

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Wife of ex-Nissan boss Ghosn leaves Japan to appeal to French government

04 April, 2019 9:53 am 9:53 am

TOKYO (Reuters) – The wife of former Nissan boss Carlos Ghosn has left Japan and flown to Paris to appeal to the French government to do more to help him, the Financial Times reported on Sunday. Japanese prosecutors arrested Ghosn for a fourth time on Thursday on suspicion he had tried to enrich himself at … Read More

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World number one Osaka signs with Nike

04 April, 2019 10:39 am 10:39 am

TOKYO (Reuters) – World number one Naomi Osaka has agreed a deal with Nike, the sports apparel giant has announced. The Japanese, who had previously been tied to rival Adidas, will first wear Nike gear at the Stuttgart Grand Prix later this month, the US sportswear maker said on its website. “I’m proud to become … Read More


Nissan to cancel plans to make X-Trail SUV in UK

02 February, 2019 9:11 am 9:11 am

LONDON (Reuters) – Japanese carmaker Nissan is cancelling plans to make the next model of its X-Trail sports utility vehicle in Britain, less than two months before the country is due to leave the European Union, broadcaster Sky News said. Nissan first said four months after Britain voted in June 2016 to leave the EU … Read More


Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei

01 January, 2019 8:49 am 8:49 am

TOKYO (Reuters) – A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan most likely under the umbrella of a single holding company, the Nikkei reported on Sunday. The delegation, which included French government-designated Renault director Martin Vial, also said that it wanted to name Nissan’s next chairman, … Read More

Nissan’s Ghosn re-arrested, chances of imminent bail dashed

12 December, 2018 9:45 am 9:45 am

TOKYO (Reuters) – Japanese prosecutors re-arrested Nissan Motor Co Ltd’s (7201.T) ousted chairman Carlos Ghosn on Friday on fresh allegations of making Nissan shoulder $16.6 million in personal investment losses, dashing chances he would be released on bail imminently. The move comes a day after a Tokyo court unexpectedly rejected prosecutors’ request to extend Ghosn’s … Read More

Nissan board may fail to select new chairman on Monday: Nikkei

12 December, 2018 8:51 am 8:51 am

TOKYO (Reuters) – Nissan Motor Co’s (7201.T) board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Dec. 17 after a panel tasked to choose a candidate was unable to agree on a nominee in a meeting held Thursday, the Nikkei reported. The panel of Nissan’s three external board … Read More

Mitsubishi Motors ousts Ghosn as chairman, days after Nissan firing

11 November, 2018 5:50 pm 5:50 pm

TOKYO (Reuters) – Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct. Ghosn’s sacking in a unanimous board vote marks the end of his chairmanship of Japanese automakers, just two years … Read More

In coup for Google, Renault-Nissan embraces Android infotainment

09 September, 2018 3:16 pm 3:16 pm

PARIS (Reuters) – The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will use Alphabet’s Google Android operating system in future vehicles – handing a victory to the US tech giant which seeks to carve out a bigger share of the infotainment market. Renault, Nissan and Mitsubishi, with combined sales of 10.6 million vehicles last year, … Read More

Game, set, match: Nissan signs rising tennis star Osaka as brand ambassador

09 September, 2018 12:00 pm 12:00 pm

YOKOHAMA, Japan (Reuters) – Japanese automaker Nissan Motor Co said on Thursday it had signed US Open champion Naomi Osaka as its next brand ambassador, tapping the tennis star’s youth, drive and Japanese roots to appeal to younger customers. Osaka, 20, shot to international fame on Saturday when she defeated 36-year-old American Serena Williams at … Read More