Former CEO Carlos Ghosn suffered a setback on Thursday after a Dutch court ordered him to repay 5 million euros ($6.1 million) in wages to Nissan and Mitsubishi in a case …
Mitsubishi
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- MitsubishiNissan
Nissan is not in talks about Mitsubishi stake sale, says automaker
by SpeedLuxby SpeedLuxNissan Motor is “absolutely not” in talks to sell its stake Mitsubishi Motors, Nissan’s chief operating officer said on Monday, after a report that the automaker was considering pulling out of …
- MitsubishiNissan
Nissan explores a possible sale of 34% stake in Mitsubishi Motors
by SpeedLuxby SpeedLuxNissan Motor is looking to sell some or all of its 34% stake in Mitsubishi Motors. Bloomberg News reported on Monday, mentioning unidentified sources, a move that would remodify a three-way …
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Mitsubishi Motors’ former chairman Osamu Masuko has died from heart failure, the Japanese automaker stated on Monday. Masuko was born on 19 February 1949 in Tokyo, Japan. He was 71 …
- Mitsubishi
Mitsubishi Motors Chairman Osamu Masuko quits, citing health concerns
by SpeedLuxby SpeedLuxMitsubishi Motors Chairman Osamu Masuko is leaving his post due to health reasons, just as the Japanese automaker’s alliance with Nissan Motor and Renault is being shaken by declining profits. …
- AsianHondaMitsubishiNissan
Japanese automakers’ May global sales declined 38% due to coronavirus
by SpeedLuxby SpeedLuxJapanese automakers’ global sales dropped 38% in May, in the third straight month of big declines as most automotive factories and dealerships remained shut because of coronavirus lockdowns. The country’s …
- MitsubishiNissanRenault
Nissan, Renault and Mitsubishi reportedly partners to draft deeper alliance in May
by SpeedLuxby SpeedLuxNissan Motor, Renault SA and Mitsubishi Motors are going to draft plans for a deeper alliance next month, including joint development of more electric vehicles and autonomous technology, the Yomiuri …
- MitsubishiNissanRenault
Mitsubishi could take Renault stake in alliance reorganization
by SpeedLuxby SpeedLuxMitsubishi Corp could possibly invest in Renault as part of scenarios being thought to reinforce an alliance between Renault, Nissan and Mitsubishi Motors, two sources knowledgeable with the issue said. …
- Mitsubishi
Mitsubishi postpones factory resumption in China due to coronavirus
by SpeedLuxby SpeedLuxMitsubishi Motors is postponing the restart of its plant with Guangzhou Automobile Group located in Hunan province until 27 because of coronavirus outbreak, the Japanese automaker stated on Friday. It …
- MitsubishiNissan
Ghosn seeks documents in a wrongful dismissal case in Amsterdam
by SpeedLuxby SpeedLuxLawyers of former Nissan chairman Carlos Ghosn went to court in Amsterdam on Monday over a wrongful dismissal case to seek disclosure of evidence that led to Ghosn being fired. …
