Renault in talks with Nissan and Mitsubishi over new alliance body

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

French automaker Renault stated on Monday that it was in talks with its partners Nissan and Mitsubishi in relation to a new alliance body for the three companies. “In response to latest press reports, Renault confirms that it is in discussions with its Alliance partners Nissan Motor and Mitsubishi Motor regarding the establishment of a […]

Nissan’s electric car has become the first to break 400,000 in sales

New Nissan Leaf EV Japan 2017

About 408,000 plug-in vehicle units were sold throughout Europe in 2018 Japanese auto giant Nissan states its compact hatchback named Leaf has become the first electric car to surpass 400,000 figure in sales. In an announcement Thursday, the automaker stated the landmark figure had established that the Leaf’s “leading role in the global shift toward […]

Prosecutor says Ghosn’s bail conditions are insufficient

Carlos Ghosn Renault-Nissan

A Tokyo prosecutor stated Friday he find the bail conditions imposed on Carlos Ghosn, the former boss of Nissan Motor and Renault, would be insufficient to avoid tampering of evidence. Shin Kukimoto, deputy public prosecutor at the Tokyo District Public Prosecutors Office, was discussing with reporters on Thursday, a day after Ghosn was released on […]

Japanese court grants bail for Carlos Ghosn, prosecutors appeal

Carlos Ghosn Renault-Nissan

A Japanese court granted bail to former Nissan Motor Chairman Carlos Ghosn on Tuesday. Prosecutors swiftly appealed the decision upon hearing the news about the bail, delaying an immediate release of Ghosn after more than three months in jail. Judges at the Tokyo District Court accepted defense lawyers’ assurances that the former chairman would submit […]

Governance panel opposed to Renault chairman being named Nissan head

Renault-Nissan logo

An external committee tasked by Nissan Motor to help with improving corporate governance at the Japanese company is opposed to the idea of Renault’s chairman being appointed to head Nissan’s board, two people knowledgeable with the matter stated. As Nissan and Renault look forward to repair their 20-year alliance following the ouster of chairman Carlos […]

Nissan Motor to oppose having same chair as Renault SA

Renault-Nissan logo

Nissan Motor’s independent committee on governance is anticipated to recommend against the company having the similar chairman as Renault SA, the Financial Times reported on Wednesday, mentioning people knowledgeable about the discussions. Renault and its largest shareholder French state are pressing for Jean-Dominique Senard to take up the chairmanship at the Japanese automaker, the report […]

Nissan panel to recommend outside director to chair board

2017 Nissan GT-R NISMO

A Nissan Motor governance committee plans to recommend the appointment of an external director as board chairman, a role different from company chairman, in a move to decentralize power at the top level, the Nikkei business daily published on Sunday. Under Nissan’s present corporate charter, the position of board chair is automatically appointed to head […]

Nissan and Renault reaffirm alliance

Renault-Nissan logo

Though the talks about Nissan chairmanship were avoided Top executives from Nissan and Renault on Thursday reaffirmed the necessity of an alliance that has been pressured by removal of former Chairman Carlos Ghosn, but avoided discussing the potentially controversial issue of Nissan’s next chairman. The recently appointed chairman of France’s Renault SA, Jean-Dominique Senard, travelled […]