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Mitsubishi News

Japan court extends Ghosn detention

Apo - A Tokyo court on Friday extended the detention of former Nissan chief Carlos Ghosn, after his arrest on allegations of financial misconduct that have shaken the auto industry.

Japan prosecutors seek to extend Ghosn detention

Apo - Tokyo prosecutors were expected Friday to request an extension to Carlos Ghosn's detention over allegations of financial misconduct against the former Nissan chief that have shaken the auto industry.

Renault, Nissan, Mitsubishi reaffirm commitment to alliance

Paris - Automakers Renault, Nissan and Mitsubishi reaffirmed their committment to their alliance on Thursday as company leaders held their first meeting since the shock arrest of boss Carlos Ghosn.

Renault, Nissan alliance in first talks since Ghosn arrest

Paris - The heads of automakers Renault, Nissan and Mitsubishi will meet Thursday for the first time since the shock arrest of Carlos Ghosn threw their fractured alliance into the open.

Ghosn faces Mitsubishi sack as more allegations surface

Apo - 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.

Ex-Nissan chief Ghosn denies allegations: media

Apo - Nissan's former chairman Carlos Ghosn has denied allegations of financial misconduct, claiming he had no intention of making false reports, Japanese media said Sunday.

Ghosn gone: Nissan drives out chairman after arrest

Apo - Nissan board members voted unanimously to sack Carlos Ghosn as chairman on Thursday, a spectacular fall from grace for the once-revered boss who was stripped of the role while languishing in a Japanese jail.

From private jet to private cell: Ghosn faces Japanese justice

Apo - On a rainy Monday night in Tokyo, Nissan chairman Carlos Ghosn stepped off his private jet and into custody.What happens next to the once-admired tycoon as he faces the complex Japanese legal system? - What conditions is he held in?

Ghosn scandal: What we know

Apo - Carlos Ghosn, one of the world's most influential executives, is under arrest in Tokyo, in a stunning fall from grace that raises questions about the future of his sprawling Franco-Japanese auto group.

Ghosn custody extended as Nissan crisis deepens

Apo - Japanese authorities Wednesday extended Nissan Chairman Carlos Ghosn's detention by 10 days, as it emerged the car giant itself could face charges over the alleged financial misconduct that laid low its once-loved leader.

Ghosn arrest shakes fractious Franco-Japanese alliance

Apo - Carlos Ghosn's spectacular fall from grace is seen by some as a stunning corporate "coup d'etat" stoked by resentment at Japan's Nissan over a lopsided alliance with French carmaker Renault.

Ghosn scandal: what we know

Apo - Carlos Ghosn, one of the world's most influential executives is under arrest, in a shocking turn of events that raises questions about the future of the sprawling Franco-Japanese auto group he leads.

Renault, Nissan prepare to turn page as heat rises on Ghosn

Paris - French and Japanese officials scrambled Tuesday to reassure investors about the stability of the Nissan-Renault-Mitsubishi alliance, after fresh claims emerged following the arrest of auto industry titan Carlos Ghosn on financial misconduct charges.

Star to fallen idol: The Japanese rise and fall of Carlos Ghosn

Apo - Carlos Ghosn's status as an outsider in Japan brought him huge success, as his maverick style blew a gale through a musty corporate world, but his disregard of business norms may ultimately prove his undoing.

Nissan shares plunge as Ghosn faces ouster after arrest

Apo - Nissan and Mitsubishi shares plunged Tuesday, as the automakers prepared to oust chairman Carlos Ghosn a day after he was arrested for alleged financial misconduct.

Auto titan Ghosn under arrest, faces ouster at Nissan

Kitakata - Nissan chairman Carlos Ghosn faces being fired this week after being arrested in Japan over allegations of financial misconduct, the firm said Monday, in a stunning fall from grace for one of the world's best-known businessmen.

Nissan accuses chief Ghosn of misconduct, proposes firing him

Apo - Automaker Nissan on Monday accused its chairman Carlos Ghosn of "significant acts of misconduct" including underreporting his salary and said it would move to fire him, as reports emerged he faced arrest in Tokyo.

'No taboos' in Nissan-Mitsubishi alliance: Renault CEO

Paris - Renault chief executive Carlos Ghosn said the French carmaker is keeping all options open regarding its three-way alliance with Japanese groups Nissan and Mitsubishi.

Renault green lights Ghosn for four more years at the top

Paris - French auto giant Renault's board on Thursday backed a new four-year term for chief executive Carlos Ghosn and set up his succession by naming a number two.

S.Korean court orders Japan's Mitsubishi to pay over war labour

Seoul - A South Korean court ruled Tuesday that Japan's Mitsubishi Heavy Industries should pay compensation to former wartime slave workers.

Mitsubishi Motors fuel-cheating scandal widens on fresh admission

Toukyo - Japan's Mitsubishi Motors said Tuesday it has been using dodgy fuel-efficiency testing for 25 years and admitted it has no idea of the scale of the cheating that has plunged it into crisis.

Fuel-cheating scandal wipes $2.5 bn off Mitsubishi stock

Toukyo - Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about $2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.

Fuel-cheating scandal wipes $2.5 bn off Mitsubishi stock

Toukyo - Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about $2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.

Fuel-cheating scandal wipes $2.5 bn off Mitsubishi stock

Toukyo - Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about $2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.

Automaker Mitsubishi admits falsifying fuel-efficiency tests

Toukyo - Japanese automaker Mitsubishi on Wednesday admitted it falsified fuel-efficiency tests in more than 600,000 vehicles, after reports of misconduct sent its Tokyo-listed shares crashing.

Mitsubishi UFJ's De Souza to leave post at end of March: source

Clifford De Souza, the principal executive officer of Mitsubishi UFJ's <8306.T> investment banking arm, is to leave his role at end of March, a source familiar with the matter said on Friday.

Five finalists vie for Canada’s first Green Car Award

Toronto - Two Fords, a Hyundai, a Mazda and a Volkswagen are all that’s left in the running to be named Canada’s first ‘Green Car’ of the year.

Ten automotive models driving off into the sunset

Irvine - It’s been said that the more things change, the more they stay the same. This is definitely not the case in the automotive industry, where constant change is the norm.

Mitsubishi Outlander Sport most toxic vehicle

A recent study showed which 2011 and 2012 models of cars are the most hazardous and the least hazardous to the environment. Taking the top spot of worst offenders is the 2011 Mitsubishi Outlander Sport while the best is 2012 Honda Civic.

Natural Resources Canada names 2012's top fuel-efficient vehicles

Ottawa - Eleven of the most fuel-efficient vehicles on the road today have been singled out as best of the best by the Canadian Government.
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A Mitsubishi Diamante covered in snow.  Bentonville  Ark.  Feb. 9  2011.
A Mitsubishi Diamante covered in snow. Bentonville, Ark. Feb. 9, 2011.
Courtesy of Brenda Wyatt Photography
What is known so far about the unfolding scandal involving Carlos Ghosn
What is known so far about the unfolding scandal involving Carlos Ghosn
Gal ROMA, AFP/File
2011 Mitsubishi Outlander Sport
2011 Mitsubishi Outlander Sport
Mitsubishi Motors Corporation

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