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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.

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.

Fiat Chrysler withdraws offer of merger with Renault

Paris - Italian-American carmaker Fiat Chrysler on Thursday said it had withdrawn a proposal for a merger with Renault, saying it would be unable to reach an agreement with the French government.

Fiat Chrysler withdraws offer of merger with Renault

Paris - Italian-American carmaker Fiat Chrysler on Thursday said it had withdrawn a proposal for a merger with Renault, saying it would be unable to reach an agreement with the French government.

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.

Renault and Fiat Chrysler stuck over merger terms: report

Paris - Talks between Fiat Chrysler and Renault have hit a roadblock over the financial terms of the proposed merger between the Italian-US and French carmakers, the French business daily Les Echos reported online Thursday, citing sources close to Fiat Chrysle...

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.

Fiat Chrysler in talks to forge extensive ties with Renault

Fiat Chrysler is in advanced discussions to forge extensive ties with France’s Renault as the carmakers seek to join forces to tackle the structural challenges facing the global auto industry, according to people familiar with the matter.

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's wife back in Japan for questioning

Paris - The wife of former Nissan chairman Carlos Ghosn has returned to Japan where she is to be questioned by prosecutors about her husband's alleged financial misconduct, the couple's lawyer said Wednesday.

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.

Renault says has 'serious questions' over expenses under Ghosn

Paris - French carmaker Renault said Wednesday that a joint Renault-Nissan audit of their Dutch subsidiary RNBV had raised "serious questions" over millions of euros in expenses incurred by ousted CEO Carlos Ghosn.

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.

Court bars Ghosn from attending Nissan board meeting

Apo - A Japanese court on Monday barred Carlos Ghosn from attending a Nissan board meeting, as the bailed former chairman prepares his defence against charges of financial misconduct.

Lawyer sorry for 'tainting' Ghosn's fame with workman disguise

Apo - A lawyer representing ex-Nissan chief Carlos Ghosn on Friday apologised for "tainting" the tycoon's reputation by suggesting he disguise himself as a workman to leave detention on bail.
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