On Tuesday, Nissan Motor Co’s Chief Executive Makoto Uchida stated, he expects the carmaker’s earnings and cashflow to remain under pressure through the end of the financial year in March. Uchida made these comments while addressing shareholders for the first… Read More ›
Carlos Ghosn, Nissan’s ex-boss, will hold a news conference in Beirut on January 8, said his lawyer. The development comes in the wake of Ghosn’s abrupt arrival in Lebanon from Japan, where he was under house arrest following allegations of… Read More ›
Although Ghosn’s lawyers did not specify the reasons for cancelling the news conference, earlier in April he had been rearrested after scheduling a news conference. On Friday, lawyers of Carlos Ghosn, the former Chairman of the Renault-Nissan alliance stated, he… Read More ›
The former chairman of the Renault-Nissan alliance is facing charges of financial misconduct. French daily Liberation has reported citing sources familiar with the matter at hand, France’s fiscal administration has launched an a probe into the wealth of Carlos Ghosn,… Read More ›
Christian Vandenhende, Nissan Motor’s chief quality officer, will now lead the Infiniti division until a new head is announced. In a statement, Nissan Motor Co said, its premium Infiniti division will soon announce a new acting global head for its… Read More ›
The planned meeting is aimed at renewing and strengthening the bonds of the alliance. On Tuesday, Japanese automaker Nissan stated, Renault’s chairman is slated to meet its CEO later this week in Japan. The development comes as both automakers are… Read More ›
The Carlos Ghosn saga is now being under the SEC’s loop. As per a source, the SEC is examining whether Nissan has maintained adequate controls to prevent improper payments. On Monday, Nissan Motor Co stated, it is co-operating with an… Read More ›
Although Nissan’s board fired Ghosn as its chairman as well as Kelly as its representative director; technically both are still board members and can be only removed by shareholders. On Wednesday, Nissan’s former director Greg Kelly was examined at a… Read More ›
With the Tokyo District Court setting the bail amount to $635,612, Greg Kelly is likely to spend Christmas night at home. On Tuesday, a Tokyo District Court granted Greg Kelly, the former Representative Director at Nissan Motor Co, bail thus… Read More ›
Regardless of the heat faced by Carlos Ghosn, Hiroto Saikawa, and Nissan Motor in the financial misconduct, the key question here is how is this going to impact the Nissan’s alliance with Renault! According to sources familiar with the matter… Read More ›
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