Ghosn's first full trial unlikely to convene until next spring, his lawyers say
Attorney Junichiro Hironaka revealed Carlos Ghosn’s defense team would ask the court later in the day to grant a meeting with his wife, Carole Ghosn.
Lawyer for Ghosn says 'outrageous' bail rules on seeing wife violate Japan's Constitution
A lawyer for former Nissan chief Carlos Ghosn has slammed "outrageous" restrictions on his client's ability to see his wife and predicted the tycoon's trial will not start for at least a year. In an interview, Takashi Takano revealed that the top court this week ...
New Mitsubishi Motors CEO vows to achieve growth through alliance with Nissan and Renault
The newly named CEO of Mitsubishi Motors Corp. has vowed to achieve growth by strengthening the company's competitiveness through its alliance with Nissan Motor Co. and Renault SA in the fast-evolving auto industry. "I hope to brush up our competitiveness through the use of the ...
Already downgraded, Nissan's credit rating takes another hit
Nissan Motor Co.'s credit standing took another hit Monday as S&P Global Ratings placed the automaker's rating on negative watch after it issued a weaker profit outlook last week. There is a more than 1-in-3 chance of a further delay in Nissan's profit recovery, according ...
Nissan CEO Hiroto Saikawa won't be charged over Ghosn's underreported pay, sources say
Prosecutors have decided not to indict Nissan Motor Co. CEO Hiroto Saikawa for his involvement in the alleged underreporting of former Chairman Carlos Ghosn's remuneration, sources close to the matter said Friday. A man in Tokyo had filed a complaint, alleging that Saikawa violated the ...
Nissan to keep Hiroto Saikawa as CEO and name Renault chief Thierry Bollore to board, say sources
Nissan Motor Co. plans to keep Hiroto Saikawa as its CEO and newly appoint Thierry Bollore, CEO of its alliance partner Renault SA, to its board, pending shareholder approval in June, sources said Thursday. In a management revamp following the arrest of former Chairman Carlos ...
Nissan projects weakest profit in a decade as Carlos Ghosn woes linger
Nissan Motor Co., trying to rebuild its tarnished reputation over failed corporate governance following the criminal investigation of two former executives, cut its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade. At a news conference Tuesday ...
Lawyer for Ghosn says ex-Nissan boss received no money via Oman in bank accounts
Former Nissan Motor Co. Chairman Carlos Ghosn did not receive any money sent by the automaker through Oman to his personal accounts, according to his lawyer. "He doesn't have a company, he doesn't control a company there, formally or effectively," Junichiro Hironaka, the former global ...
With Carlos Ghosn out of picture, questions loom for Nissan amid falling sales and profits
Nissan is seeing sales volumes fall and profits tumble as its once revered former chairman, Carlos Ghosn, awaits trial on charges of financial misconduct. Nissan Motor Co. says it is beefing up corporate governance and sticking with its alliance with French partner Renault SA and ...
The nation's criminal justice system will be in the spotlight when former Nissan Chairman Carlos Ghosn has his day in court.
Carlos Ghosn's successor, Hiroto Saikawa, under siege from within as Nissan profit sinks
Nissan chief Hiroto Saikawa finds himself under pressure from several angles, including a drop in company profits and slumping U.S. sales.
Nissan to lower midterm sales goal, sources say, in shift from Ghosn's expansionary policy
Nissan Motor Co. is planning to lower its midterm sales goal, in an apparent pivot from former Chairman Carlos Ghosn's expansionary policy, sources with knowledge of the matter said Thursday. The automaker is expected to announce the downward revision on Tuesday, when it is scheduled ...
