Japanese automakers’ May global sales declined 38% due to coronavirus

Tokyo, Japan

Japanese 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 seven major automakers sold about 1.47 million vehicles last month, dropping significantly from 2.38 million units a year ago, according to Reuters calculations based on […]

Bid to avoid extradition over Ghosn’s escape is flawed interpretation, says U.S.

Carlos Ghosn in Norway

U.S. prosecutors on Tuesday stated that a former Green Beret and his son, wanted by Japan for helping former Nissan Motor CEO Carlos Ghosn flee the country, were advancing a “flawed” interpretation of Japanese law to combat their extradition. Michael Taylor and his son, Peter Taylor, were arrested in Massachusetts last month at Japan’s request […]

Nissan email trail supports claims of Carlos Ghosn about takedown

Carlos Ghosn pictures

Former Nissan CEO Carlos Ghosn always said he was set up and now there’s some evidence to support the businessman’s claim. According to people knowledgeable with what happened and previously unreported internal correspondence, the campaign by top Nissan Motor executives to overthrow one of the most celebrated leaders in the automotive industry started nearly a […]

Renault’s relations with Nissan much improved, says Senard

Jean-Dominique Senard

French automaker Renault’s partnership with Japanese automaker Nissan Motor has entered an “incredibly positive” phase following episodes of strained relations in recent times, the Renault’s chairman Jean-Dominique Senard said on Thursday. “We’ve put the work in, we’re in an incredibly positive dynamic,” Senard informed a hearing in France’s lower house of parliament, after Renault and […]