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Nissan News

Nissan's profits crash amid lower global sales

Tokyo - Nissan Motor Co. reported a 70 percent drop in quarterly profit on Tuesday, hit by a strong yen and falling sales, and highlighting the turmoil at the Japanese automaker after the ouster of Carlos Ghosn.

Ghosn wants case dismissed over 'prosecutor misconduct'

Apo - Ex-Nissan chief Carlos Ghosn on Thursday urged a Tokyo court to dismiss the case against him, accusing Japanese prosecutors of a "pervasive pattern of illegal misconduct".

Ghosn wants case dismissed over 'prosecutor misconduct'

Apo - Ex-Nissan chief Carlos Ghosn on Thursday urged a Tokyo court to dismiss the case against him, accusing Japanese prosecutors of a "pervasive pattern of illegal misconduct".

New Nissan CEO brings global outlook but faces uphill task

Apo - Nissan's new chief executive Makoto Uchida is an insider with a global outlook, but he faces an uphill struggle to right the Japanese automaker still reeling from the Carlos Ghosn scandal.

Crisis-hit Nissan names China unit head Makoto Uchida as new CEO

Kitakata - Crisis-hit Japanese automaker Nissan on Tuesday named Makoto Uchida as new chief executive, elevating the insider currently heading the firm's China unit as it overhauls its leadership after the Carlos Ghosn scandal.

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

Washington - 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.

Nissan seeks clean slate with CEO exit, but challenges remain

Apo - Crisis-hit Japanese automaker Nissan hopes the resignation of its embattled chief executive will help turn the page on the tumult unleashed by the arrest of former chief Carlos Ghosn.

Crisis-hit Nissan CEO resigns amid pay probe

Kitakata - Nissan's CEO said Monday he will step down next week, deepening the crisis at the Japanese car giant still reeling from the arrest and ouster of former chief Carlos Ghosn's over alleged financial misconduct.

Nissan and EVgo to increase number of fast chargers for U.S.

Nissan and EVgo are to fit 200 DC fast chargers in key locations in the U.S. This forms part of a long-term plan to construct a charging super-highway. This reflects the growth in the number of consumers who are purchasing electric vehicles.

Nissan confirms profit plunge as job cuts reported

Apo - Japanese car giant Nissan confirmed Wednesday it will report a plunge in first quarter operating profit as media reported the struggling automarker plans to cut more than 10,000 jobs worldwide.

Nissan to cut over 10,000 jobs worldwide: reports

Apo - Japanese car giant Nissan plans to cut more than 10,000 jobs worldwide, reports said Wednesday, as it works to turn its fortunes around after its former chief was arrested over financial misconduct.

Renault ex-boss linked to 11mn euros of suspicious spending: board

Paris - An internal audit conducted by carmakers Renault and Nissan identified 11 million euros of questionable expenses at their Dutch subsidiary linked to Carlos Ghosn, the ousted boss of the French-Japanese group, the Renault board said Tuesday.

Old partner Nissan left sidelined by Renault-Fiat merger

Apo - Nissan, a long-time Renault partner, has been left sidelined by a potential tie-up between the French firm and Fiat-Chrysler, just as the beleaguered Japanese firm battles to recover from the arrest of former boss Carlos Ghosn.

Ghosn family seeks UN help against 'judicial persercution' in Japan

Paris - The family of former Renault and Nissan head Carlos Ghosn has submitted another request for UN intervention against what it says is his "judicial persecution" in Japan, one of their lawyers said Sunday.

Ghosn's trial to be delayed possibly until next year: media

Apo - Former Nissan chief Carlos Ghosn's trial, which was expected to begin in September, will be delayed, local media said Saturday, hinting that it may not start this year.

Ghosn wins bail in Japan but banned from seeing wife

Apo - Former Nissan chief Carlos Ghosn emerged from his Tokyo detention centre in the late hours of Thursday after accepting bail of $4.5 million under strict conditions including restrictions on seeing his wife.

Carole Ghosn: Carlos's wife puts her head above parapet

Apo - Not so long ago, Carole Ghosn was posing on the red carpet with tycoon husband Carlos in front of the world's media, seemingly without a care.

Ghosn hit with fresh charge in Japan, files for bail

Apo - Japanese authorities on Monday hit Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth indictment against the former Nissan boss who promptly filed for bail.

Ghosn 'facing fresh charges' as detention expires

Apo - Carlos Ghosn will learn his immediate fate on Monday when his detention period over suspected financial misconduct expires amid reports prosecutors will file fresh charges against the former Nissan boss.

Carlos Ghosn case: key dates

Paris - After a Tokyo court extended Friday Carlos Ghosn's detention until April 22, here are key developments since the former Nissan and Renault boss was arrested in Japan five months ago for alleged financial misconduct, with three formal charges since file...

Japan court says Carlos Ghosn detention extended until April 22

Apo - A Japanese court on Friday ruled that Carlos Ghosn will remain in detention until April 22, as prosecutors grill the former Nissan boss over allegations of financial misconduct.

Carlos Ghosn appeals detention to Japan's Supreme Court

Apo - Lawyers for former Nissan chief Carlos Ghosn on Wednesday appealed his ongoing detention to Japan's Supreme Court, after the auto tycoon was re-arrested last week while out on bail.

Ghosn accuses Nissan executives of 'backstabbing' plot

Apo - Carlos Ghosn has accused "backstabbing" Nissan executives of a "conspiracy" to have him arrested over fears he planned to merge the Japanese firm with France's Renault, in a video released Tuesday.

Ghosn accuses Nissan executives of 'backstabbing' plot

Apo - Carlos Ghosn has accused "backstabbing" Nissan executives of a "conspiracy" that led to his arrest, in a video revealed Tuesday by his representatives.

Nissan shareholders meet to sack Ghosn

Apo - Nissan shareholders were meeting Monday for a vote expected to eject Carlos Ghosn from the board, as the detained former chairman fights multiple financial misconduct charges that have landed him in custody.

Japan court extends Ghosn detention until April 14

Apo - Former Nissan boss Carlos Ghosn will remain in custody until at least April 14, a Japanese court ruled on Friday, as prosecutors quiz him over fresh allegations of financial misconduct.

'I have names': Ghosn vows to clear his name in Japan trial

Paris - Former auto tycoon Carlos Ghosn vowed to prove his innocence of alleged financial misdeeds but raised doubts about receiving a fair trial in Japan, in an interview with French television just before he was re-arrested on Thursday.

Crime and punishment: Ghosn case puts spotlight on Japan justice

Apo - The high-profile case of former Nissan boss Carlos Ghosn, with its multiple twists and turns, has thrown a spotlight on the Japanese justice system, criticised by some as overly harsh and reliant on confessions.

Ghosn vows he won't be 'broken' after re-arrest in Tokyo

Apo - Japanese prosecutors Thursday re-arrested Carlos Ghosn on fresh allegations of financial misconduct, as the former auto tycoon slammed an "outrageous and arbitrary" detention and vowed he would "not be broken.

French prosecutors open inquiry into Ghosn's Versailles wedding: legal source

Nterre - French prosecutors have begun an inquiry into the lavish wedding party at the Palace of Versailles for former Renault and Nissan chief Carlos Ghosn, part of which was billed to Renault, a legal source told AFP on Monday.
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