June 15, 2020 12:07 pm
While Nissan has long maintained Ghosn was ousted on allegations of under-reporting his income and other financial transgressions, the documents and recollections of people familiar with what transpired show that a powerful group of insiders viewed his detention and prosecution as an opportunity to revamp Nissan's relationship with Renault on terms more favorable to Nissan.
September 05, 2019 9:45 am
Ghosn, once one of the world's most celebrated auto executives, was arrested in Tokyo in November, and faces charges including improperly enriching himself at a cost of $5 million to the automaker.
July 24, 2019 5:16 pm
The dismal earnings, due to be formally announced on Thursday, mark one of Nissan's worst quarterly performances in around a decade.
April 04, 2019 1:08 pm
The arrest comes a day after Ghosn pledged on Twitter to hold a news conference on April 11 to "tell the truth" about the allegations against him. "After being wrongly imprisoned for 108 days, my biggest hope and wish today is for a fair trial," Ghosn added in the emailed statement.
March 12, 2019 10:31 am
Released on $9 million bail last week after spending more than 100 days in a Tokyo detention centre, Ghosn faces charges of under-reporting his salary at Nissan by about $82 million over nearly a decade.
November 26, 2018 3:24 pm
Nissan removed Ghosn at a high stakes board meeting after allegations of understating his income and using company money for personal use.
May 18, 2016 5:47 pm
Mitsubishi Motors Corp President Testuro Aikawa is stepping down to take responsibility for the mileage cheating scandal unfolding at the Japanese automaker.
May 12, 2016 12:01 pm
Nissan has a relatively small presence in Asia excluding China, which accounted for about 7 percent of its global retail sales in April-December.
July 15, 2013 2:22 am
THE COMPANY IS PRICING THE MODEL AS LOW AS R2.4 LAKH AND AIMING AT SOURCING ALL PARTS WITHIN THE COUNTRY
April 14, 2013 5:02 pm
Market conditions are not good in terms of consumer sentiment: Nissan Motor Co