Renault tells Nissan not to contact their board members

Renault Alpine A110 Sportscar 2017 Geneva show

Renault informed alliance partner Nissan to stop contacting the French company’s directors prior a Thursday board meeting as the Japanese automaker tried to share evidence of misconduct by its ousted chairman Carlos Ghosn, two sources stated. Ever since Ghosn’s November 19 arrest in Japan, Renault and the French government, the automaker’s biggest shareholder, have looked […]

Rio apartment emerges as the new battleground for Nissan, Ghosn

Carlos Ghosn Renault-Nissan

A Rio de Janeiro apartment having cash, art works and personal belongings of Carlos Ghosn has become the new battleground between the indicted former Nissan Motor chairman and the automaker. Ghosn is looking to retrieve “personal belongings, documents, cash, objects and art pieces” from the beachfront apartment, which is owned by Nissan. The company states […]

Carlos Ghosn, Nissan charged for financial misconduct

2017 Nissan Rogue Sport

Tokyo prosecutors indicted ousted Nissan Motor chairman Carlos Ghosn for under-reporting his earnings and also formally charged the automaker, making the firm guilty for the financial misconduct scandal that has surprised the industry. Ghosn was arrested on November 19 on suspicion of conspiring to understate his income by about half of the actual 10 billion […]

Nissan blamed Ghosn investigation for CEO no-show in Amsterdam

Nissan 370Z pictures

Nissan informed Renault its CEO Hiroto Saikawa was not able to attend an Amsterdam meeting as he was helping Tokyo prosecutors investigating alleged misconduct led by Carlos Ghosn, chairman of the automakers’ alliance, sources with knowledge of the issue informed Reuters. Renault was told by a Nissan representative this week that “Saikawa was unable to […]

Nissan to recall 150,000 additional vehicles in Japan

2017 Nissan GT-R NISMO

Nissan Motor stated on Friday it will recall 150,000 additional vehicles in Japan because of improper final inspections prior they were delivered from two Japanese manufacturing plants. “Nissan has newly found several non-conformities that may have caused inaccurate pass/fail judgments,” the automaker stated in a press release. The recent “non-conformities” involved inspections of brakes, steer wheels, […]

Carlos Ghosn and Nissan Motor to be indicted on Monday

Carlos Ghosn Renault-Nissan

Tokyo prosecutors prepare to indict former Nissan Motor Chairman Carlos Ghosn on Monday for financial misconduct, the Nikkei business daily noted, ratcheting up their case against the auto tycoon. Prosecutors also prepare to indict on the same day former representative director Greg Kelly together with the automaker itself, the Nikkei reported on Friday, citing unidentified […]

Japan PM Shinzo Abe says Renault-Nissan’s future up to private shareholders

Renault-Nissan logo

Japanese Prime Minister Shinzo Abe informed French President Emmanuel Macron on Friday that the future of the Renault-Nissan alliance depends on private shareholders, a spokesman for the Japanese leader stated. “Prime Minister Abe said regarding the alliance, which is a symbol of Japanese-French industrial cooperation, it is important to preserve a stable relationship,” the spokesman […]