Carlos Ghosn
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A new series on the fall of the former Nissan CEO is reportedly in the works.
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Carlos Ghosn flees to Lebanon to escape “injustice and political persecution” in Japan
Facing trial in Japan on fraud charges, the former chief of the Renault Nissan Mitsubishi Alliance somehow managed to escape to Lebanon.
Viknesh Vijayenthiran -
Embattled Nissan names Makoto Uchida CEO
Nissan, rocked by financial scandals linked to former Chairman Carlos Ghosn and former CEO Hiroto Saikawa, on Tuesday named Makoto Uchida as its new CEO. Uchida has been with Nissan since 2003 and is described by the automaker's board of directors as the “right leader to drive the business...
Viknesh Vijayenthiran -
Nissan, Carlos Ghosn settle with SEC over undisclosed pay
Ghosn has settled with the SEC but still faces several criminal charges in Japan.
Viknesh Vijayenthiran -
Ousted executive Carlos Ghosn sues Nissan, Mitsubishi
Ousted Nissan and Mitsubishi CEO is suing the two companies in the The Netherlands, contending that he was improperly fired.
Sean Szymkowski -
Former Renault Nissan chief Carlos Ghosn released on bail, again
Carlos Ghosn was arrested for a second time only a day after he took to Twitter to reveal that he was ready to "tell the truth" about his alleged financial misconduct while running the Renault Nissan Mitsubishi Alliance, but now he's out on bail.
Viknesh Vijayenthiran -
Sitting at a simple deck in front of plain white backdrop, embattled former chairman of the Renault-Nissan alliance, Carlos Ghosn, addressed his situation via video for the first time on Tuesday. The video, he says, was created in case the executive was unable to make his scheduled press conference on April 11. Last week, Ghosn said via a new verified Twitter account that he would "tell the truth" at said press conference. One day later, Japanese authorities re-arrested him over suspicion of new financial crimes. Ghosn had been out of jail on bail for just one month. "The first message is I...
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A month out on bail, ex-Renault Nissan chief Carlos Ghosn is arrested again
Carlos Ghosn was arrested again in Tokyo, just a day after he said he was ready to "tell the truth" about his alleged financial misconduct while running the Renault Nissan Mitsubishi Alliance.
Viknesh Vijayenthiran -
Former Renault-Nissan head Carlos Ghosn will "tell the truth" next week
Following former Renault-Nissan head Carlos Ghosn's abrupt fall from grace this past November, the embattled executive is ready to "tell the truth." Ghosn made the statement via a new verified Twitter account on Tuesday. The New York Times first reported on the tweet Wednesday. Ghosn also said he...
Sean Szymkowski -
Gone Ghosn: Embattled Renault boss steps down from French automaker
Embattled businessman Carlos Ghosn has chosen to resign from the chairman and CEO roles at French auto giant Renault. The news was first announced by French Finance Minister Bruno Le Maire in an interview with Bloomberg held on Thursday at the The World Economic Forum in Davos, Switzerland, and...
Viknesh Vijayenthiran -
Carlos Ghosn appears in court amid Nissan and Infiniti executive shakeup
Embattled auto industry icon and former Renault-Nissan-Mitsubishi Alliance boss Carlos Ghosn appeared in court on Tuesday for the first time since his Nov. 19 arrest. The appearance gave him his first opportunity to tell his story as Japanese prosecutors charged the executive with financial...
Sean Szymkowski -
Ex-Nissan chief Carlos Ghosn re-arrested on fresh charges
Japanese prosecutors re-arrested former Renault Nissan Mitsubishi Alliance boss Carlos Ghosn on Friday on new charges. The new charges allege Ghosn transferred losses exceeding $16 million from his own private investments onto the books of Nissan between 2008 and 2012, thus inflicting financial...
Viknesh Vijayenthiran -
In an emergency meeting following the charges placed by Japanese authorities against Carlos Ghosn and his subordinate Greg Kelly on Monday for financial misconduct related to the reporting of salaries at Nissan, the board of directors at French automaker Renault have decided to retain Ghosn as chairman and CEO for the time being. The preliminary conclusion of Renault's board is that Ghosn's salary, and the conditions under which the salary was approved, were in compliance with applicable law. According to the charges, Ghosn and Kelly understated Ghosn’s earnings from 2011 to 2015 by...
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Ex-Renault Nissan boss Carlos Ghosn charged with financial misconduct
The former head honcho of the Renault Nissan Mitsubishi Alliance, Carlos Ghosn, was charged by Japanese authorities on Monday for violating the country's financial reporting rules. The charges specifically relate to alleged false disclosures regarding Ghosn's salary made in securities filings for...
Viknesh Vijayenthiran -
Nissan, Mitsubishi drop Carlos Ghosn as chairman following his arrest
At a special board meeting held Thursday, directors at Nissan unanimously voted to drop Carlos Ghosn as the automaker's chairman and representative director. The decision followed the arrest of Ghosn on November 19 on allegations of underreporting of personal income with financial regulators and...
Viknesh Vijayenthiran -
Nissan reportedly to fire chairman Carlos Ghosn over misconduct
Carlos Ghosn, the man credited with saving Nissan from bankruptcy in the late-1990s, allegedly lied about his salary to investors and used company money for personal expenses, the automaker said Monday. In a statement, Nissan said it would remove Ghosn and another director, Greg Kelly, after an...
Sean Szymkowski -
Carlos Ghosn steps down as CEO of Nissan
Carlos Ghosn, the man heralded with turning Nissan around from near bankruptcy in the late 1990s, is finally stepping down as CEO at the Japanese automaker. His replacement has been named as Hiroto Saikawa, who will take up the reins starting April 1. Saikawa has been with Nissan since 1977 and is...
Viknesh Vijayenthiran -
Nissan CEO Carlos Ghosn Tests Company’s Autonomous Car: Video
Nissan has promised to launch a fully autonomous car by 2020 and is committed to eventually offering the option on its full lineup of cars. Currently, the automaker is trialing a number of its Leaf electric cars fitted with its autonomous technology, just like the one featured in the video above...
Viknesh Vijayenthiran -
Following yesterday’s announcement of a cooperation between automotive giants, Renault-Nissan and Daimler, we now have more meaty details regarding some of the specifics of the new deal. Infiniti’s most popular model line, the G range of sedans, coupes and convertibles, will eventually receive a four-cylinder engine supplied by Mercedes-Benz. The information comes directly from Renault-Nissan CEO Carlos Ghosn who said the move is part of the company’s strategy to improve fuel economy and curb emissions. The U.S. government recently confirmed that automakers will need to meet combined...
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Official: Daimler And Renault-Nissan Announce Partnership
Renault-Nissan and Daimler today announced a broad strategic cooperation to share everything from engines, platforms and even procurement services, and in the process potentially save billions of dollars for all parties involved. The two groups also announced an equity exchange that will give...
Viknesh Vijayenthiran