• France urges Renault to replace Ghosn, Nissan alliance faces strain

    25 days ago - By Reuters

    France urged Renault on Tuesday to replace CEO Carlos Ghosn after his arrest in Japan on financial misconduct allegations, which sources said formed part of an investigation extending to its broader carmaking alliance with Nissan.
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  • France moves to oust Ghosn from Renault, defends alliance

    25 days ago - By Reuters

    France moved on Tuesday to oust Carlos Ghosn from the helm of Renault a day after his arrest in Japan on financial misconduct allegations, but sought to defend the carmaker's alliance with Nissan, which has been rocked by the scandal. Laura Frykberg reports.
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  • France urges Renault to replace Ghosn, defends alliance

    25 days ago - By Reuters

    France urged Renault on Tuesday to replace CEO Carlos Ghosn a day after his arrest in Japan on financial misconduct allegations, but sought to defend the carmaker's alliance with Nissan, which has been rocked by the scandal.
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  • Exclusive: Nissan expands Ghosn probe to include Renault alliance - sources

    25 days ago - By Reuters

    Nissan's investigation into alleged misconduct by Chairman Carlos Ghosn is expanding to include Renault-Nissan finances, sources told Reuters - in a further sign that Nissan may seek to loosen its French parent's hold on their global carmaking alliance.
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  • Carlos Ghosn Drives Renault In Reverse

    25 days ago - By Forbes

    As Carlos Ghosn is arrested in Japan for major misconduct one wonders what fate will await this titan of the auto industry?
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  • Lebanese foreign ministry: will stand by Carlos Ghosn

    25 days ago - By Reuters

    Lebanon's foreign ministry said on Tuesday it would stand by Nissan and Renault boss Carlos Ghosn, who is of Lebanese descent and holds Lebanese citizenship, a day after his arrest in Japan on financial misconduct allegations.
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  • Japan's Mitsubishi CEO says tough to manage car alliance without Ghosn

    25 days ago - By Reuters

    The Renault, Nissan and Mitsubishi car alliance may be hard to manage without the unifying figure of chairman Carlos Ghosn, who is police custody in Japan facing financial misconduct allegations, Mitsubishi Motors CEO Osamu Masuko said on Tuesday.
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  • Japan's Mitsubishi CEO says tough to manage automotive alliance without Ghosn

    25 days ago - By Reuters

    The alliance of carmakers Renault, Nissan and Mitsubishi will be difficult to manage without chairman Carlos Ghosn, who is facing financial misconduct allegations in Japan, Mitsubishi Motors Chief Executive Osamu Masuko said on Tuesday.
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  • France follows Nissan in ousting Renault CEO Ghosn after arrest in Japan for financial misconduct

    France follows Nissan in ousting Renault CEO Ghosn after arrest in Japan for financial misconduct

    25 days ago - By Business Insider

    Nissan and Mitsubishi shares tumbled in Tokyo after chairman Carlos Ghosn was arrested and as Tokyo prosecutors said he reported only half of his $89 million in earnings.
    French President Emmanuel Macron said the state would be "vigilant" in encouraging stability at Renault, while French ministers said they will push for interim governance. Nissan ousted him on Monday.
    Ghosn could face up to 10 years in prison in Japan, a fine of up to ¥10 million, or both.
    Follow the share prices of Renault, Nissan and Mitsubishi Motors at Markets Insider.
    It's all getting worse for Carlos...
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  • France follows Nissan in ousting Renault CEO Ghosn after arrest in Japan for financial misconduct

    France follows Nissan in ousting Renault CEO Ghosn after arrest in Japan for financial misconduct

    25 days ago - By Business Insider

    Nissan and Mitsubishi shares tumbled in Tokyo after chairman Carlos Ghosn was arrested and as Tokyo prosecutors said he reported only half of his $89 million in earnings.
    French President Emmanuel Macron said the state would be "vigilant" in encouraging stability at Renault, while French ministers said they will push for interim governance. Nissan ousted him on Monday.
    Ghosn could face up to 10 years in prison in Japan, a fine of up to ¥10 million, or both.
    Follow the share prices of Renault, Nissan and Mitsubishi Motors at Markets Insider.
    It's all getting worse for Carlos...
    Read more ...

     

  • Explainer: What misconduct is Nissan's Ghosn accused of, and how did it come to light?

    25 days ago - By Reuters

    Japan was shocked by news that Nissan Motor Co Chairman Carlos Ghosn, who was widely respected for rescuing the car maker from near bankruptcy, was arrested on Monday for alleged financial misconduct.
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