Nissan to accept Renault request for more representation on new committee: sources
Nissan will accept Renault’s request for more representation on the Japanese carmaker’s new board committees in a bid to secure approval for its governance reform proposal, sources say.
Revival of Fiat-Renault deal hinges on Nissan's backing and France's role
As Fiat Chrysler Automobiles NV and Renault SA move on from their failed merger talks, a revival of discussions would depend on overcoming at least two major obstacles. Fiat blamed "political conditions in France" when it withdrew its proposal, and a signal from the French ...
Nissan weighs giving some seats on planned oversight committee to Renault
After the French automaker expresses discontent with envisioned governance reforms, Nissan Motor Co. considers giving alliance partner Renault SA some seats on planned oversight committees.
Renault SA Chairman Jean-Dominique Senard said Wednesday he was unhappy with a part of Nissan Motor Co.'s plans to bolster corporate governance following the arrest of former Chairman Carlos Ghosn. At an annual shareholders meeting in Paris, Senard said Renault CEO Thierry Bollore should be ...
Renault's Jean-Dominique Senard weakened as Macron snubs meeting, say sources
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources told Reuters, raising questions over Senard's future. News of the rebuff came as Renault shareholders met on Wednesday to ...
Advisory firm urges shareholders to vote against Nissan CEO Saikawa for 'clean break' from Ghosn
A proxy advisory firm urges Nissan shareholders to vote against the reappointment of CEO Hiroto Saikawa as a director, heaping more pressure on him as he struggles to find an accord with Renault.
Nissan CEO Hiroto Saikawa sought special deal on stock options in 2013, says former Ghosn aide
A former senior board member of Nissan Motor Co. said the company's current chief executive officer sought an exception on the sale of compensation-linked stock, which resulted in him earning a higher profit, according to a Japanese media report. Greg Kelly, who was arrested the ...
Nissan extends olive branch to Renault as relations hit new low
In an interview with the Financial Times, Saikawa said Nissan must “make our peace” with the French carmaker and that the companies need to “stabilize and reinforce” their partnership.
Nissan slams Renault's decision to abstain on vote over corporate governance
Nissan chief executive Hiroto Saikawa criticized the automaker's French alliance partner, Renault, on Monday for trying to block changes to strengthen corporate governance following the arrest of former Nissan Chairman Carlos Ghosn. Nissan received a letter from Renault saying it would abstain in voting on ...
Revival of Fiat Chrysler merger plan may hinge on Renault cutting its stake in Nissan
Nissan is poised to urge Renault to significantly reduce its 43.4 percent stake in the Japanese company in return for supporting any FCA-Renault tie-up, sources said.
Carlos Ghosn's lawyers surprised to hear Renault board has started legal proceedings based on audit
Former Nissan Chairman Carlos Ghosn’s lawyers say they were surprised to hear that the board of Renault SA has started proceedings against their client based on an audit report.
Transport ministry seeks fine for Suzuki Motor over inspection scandal
The transport ministry on Friday asked a district court to impose fines on Suzuki Motor Corp. based on the Road Transport Vehicle Act over inspection scandal at the carmaker. Shizuoka District Court was asked to fine the firm in relation to 655 vehicles. With the ...
