Sep 1, 2016

Magnussen cleared for Italian Grand Prix

Renault driver Kevin Magnussen has been given the green light to race in Sunday’s Italian Grand Prix after passing a fitness check at Monza, the Formula One team said on Thursday. Renault said on Twitter that the Dane, who bruised his left ankle in ...

Nissan CEO Ghosn's pay tops ¥1 billion for second year

Jun 22, 2016

Nissan CEO Ghosn's pay tops ¥1 billion for second year

Nissan Motor Co. President Carlos Ghosn, one of Japan’s best-paid executives, received more than ¥1 billion ($9.58 million) in pay for the second straight year after the carmaker’s profit climbed to a record. Ghosn, 62, was paid a total of ¥1.07 billion for the ...

Nov 9, 2015

French PM says opposed to Renault, Nissan merger

Following a week of mounting tensions over the role of the state in automaker Renault, French Prime Minister Manuel Valls said Sunday he is opposed to a full merger of Renault and Nissan, but wants to “preserve the alliance.” “What we want is to ...

Oct 28, 2015

Nissan reportedly to consider plan to end Renault control of alliance

Nissan Motor Co. is considering plans to restructure its alliance with Renault SA, including ending the French manufacturer’s voting rights, according to sources. A paper circulated to Renault board members by Nissan Chief Competitive Officer Hiroto Saikawa laid out a scenario that could grant ...