French investigators probe palace party related to Ghosn prosecution

Carlos Ghosn in Norway

French prosecutors are probing a party which former Renault-Nissan chairman Carlos Ghosn threw for his wife at the sumptuous Versailles palace will in the next few weeks ask judges to examine the case, bringing a prosecution a step closer. Prosecutors have been checking whether Ghosn – currently in Lebanon after he fled from Japan on […]

French anti-corruption agency carries out checks on Renault

Renault logo

Renault on Wednesday stated France’s anti-corruption agency was conducting checks at the company, though a source at the automaker, which was rocked by the arrest of former executive Carlos Ghosn, stated the inspection was a routine matter. French magazine Challenges was first to report the inspection though the report lacked further details. There was no […]

PSA names two former Renault, Nissan officials to head DS and Citroen

PSA group logo

French automaker PSA on Wednesday hired two executives it recruited just now from the Renault-Nissan-Mitsubishi alliance to head up its DS and Citroen brands and added them to its global executive committee. PSA stated Beatrice Foucher, presently deputy DS chief executive and an ex-Renault manager would take the place of Yves Bonnefont as DS CEO. […]

Renault, Nissan confirms alliance not headed for break-up

Renault-Nissan logo

Shares in Renault made recovery of some lost ground on Tuesday following the confirmation made by French automaker and its Japanese partner Nissan Motor, that they reject the media reports regarding their alliance being in danger of dissolution. Increasing concerns about the state of the 20-year old French-Japanese alliance, forged by former chairman Carlos Ghosn, […]

French lawyer of Ghosn says Japan failed to arrange a fair trial

Carlos Ghosn Renault-Nissan

Former Nissan chairman Carlos Ghosn’s lawyer on Friday informed the Japanese government that the officials had failed to arrange for a fair trial that respected universal rights. Francois Zimeray, French lawyer for Ghosn, stated that it had been for prosecutors of Japan to prove the Ghosn’s guilt, not for Ghosn to prove his innocence. “It […]

Renault-Nissan should have merged with Fiat Chrysler, says Carlos Ghosn

Carlos Ghosn in Lebanon

Carlos Ghosn, the former chairman of the Renault-Nissan alliance, on Wednesday, discussed the failure of the automakers to merge with Fiat Chrysler, which has since combined with Peugeot. Speaking publicly for the first since fleeing from Japan at the end of the last year, Ghosn informed reporters in Beirut, Lebanon’s capital, that he had been […]

Renault hires former PSA research chief Gilles Le Borgne

Gilles Le Borgne

French automaker Renault has appointed Gilles Le Borgne as executive vice-president engineering and a member of the Group Executive Committee (CEG), effective on 6 January, the company has stated in a release. Gilles Le Borgne will report to Clotilde Delbos, the Chief Executive Officer of the group for an interim period. He will take the position of Gaspar Gascon […]

Nissan’s ex-chairman Carlos Ghosn in surprise Lebanon arrival

Carlos Ghosn pictures

Carlos Ghosn has reportedly travelled to Lebanon after departing from Japan The Financial Times newspaper quotes an associate of Carlos Ghosn’s saying the former Nissan’s chairman landed in Beirut, Lebanon on Sunday. Official sources have yet to confirm this information. Ghosn was arrested over allegations of financial misconduct in 2018 and faces several charges. Ghosn […]

Hadi Zablit promoted to general secretary of Renault, Nissan alliance

Hadi Zablit

Renault, Nissan Motor and Mitsubishi Motors on Wednesday stated they had promoted Hadi Zablit to general secretary of their automaking alliance to speed up the business efficiencies throughout the companies. Zablit, senior vice president of business development at the alliance, takes up the recently created position on Monday and will concentrate on maximizing the contribution […]