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 […]

Nissan Motor retains Saikawa as CEO

Hiroto Saikawa

Nissan Motor stated Friday that Hiroto Saikawa would remain as chief executive, backing the protege of former chairman Carlos Ghosn even as top shareholder Renault had previously pushed for a modification in the Japanese automaker’s leadership. Saikawa’s re-appointment is likely to be observed as a rebuff to Renault SA, which has pushed for leadership modifications […]

Nissan, Renault, Mitsubishi Motors hold the first meeting of new management body in France

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

The new management body of Nissan Motor, Renault SA and Mitsubishi Motors held its first meeting Friday and started discussing ways to improve the alliance following multiple arrests of former Chairman Carlos Ghosn. Nissan CEO Hiroto Saikawa, Renault CEO Thierry Bollore and Mitsubishi Motors CEO Masuko Osamu participated in the meeting, which was chaired by […]

Nissan shareholders oust Carlos Ghosn as a director

2017 Nissan GT-R NISMO

Nissan shareholders ousted Carlos Ghosn as a director on Monday, severing his last tie with the automaker he rescued from near-bankruptcy about 20 years and from which he is now alleged of siphoning funds. Days after Ghosn’s recent arrest in Tokyo, shareholders gathered for an extraordinary meeting, showing bafflement and disquiet about increasing allegations of […]

Nissan panel states facts point to legal violations by Carlos Ghosn

Carlos Ghosn Renault-Nissan

An external committee evaluating governance at Nissan Motor stated on Wednesday there were enough facts to assume violations of laws and the private use of company funds by former chairman Carlos Ghosn. After a three-month audit of Nissan’s governance following a scandal that shook the worldwide auto industry, the committee put the blame directly on […]

Renault’s Senard to meet Nissan CEO Saikawa this week

Renault-Nissan logo

Renault’s chairman will meet Nissan’s CEO this week in Japan as they look forward to cement their collaboration after the elimination of former alliance leader Carlos Ghosn, the Japanese automaker stated on Tuesday. Jean-Dominique Senard, named chairman of the French automaker last month, is going to visit Nissan’s headquarters located in Yokohama to meet the […]

Nissan CEO looks forward to talks with new Renault chairman on Thursday

Hiroto Saikawa

Nissan Motor CEO Hiroto Saikawa is intending to hold his first in person conversation with new Renault SA Chairman Jean-Dominique Senard on the sidelines of an alliance meeting in the Netherlands on Thursday, NHK reported. “I want to utilize the opportunity as high as possible to talk with him,” Saikawa informed reporters on Wednesday in […]

Nissan CEO meets Renault’s acting boss

Renault-Nissan logo

Nissan Motor on Thursday stated CEO Hiroto Saikawa had held a one-on-one meeting with the acting boss of its partner Renault during talks between the alliance that took place in Amsterdam this week. Nissan stated that Saikawa characterized the discussion with Renault Deputy CEO Thierry Bollore as “positive” and “productive”. The Japanese automaker was ready […]

Nissan calls on Renault to listen them on Ghosn allegations

Nissan Motor logo

Nissan Motor’s CEO called on directors at alliance partner Renault to listen its reasons for eliminating former Chairman Carlos Ghosn over alleged financial misconduct in middle of tensions over how to manage the fallout from his arrest. Renault’s interim chairman Philippe Lagayette stated on Friday that its board was not thinking about replacing Ghosn, who […]

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 […]

Mitsubishi says Nissan-Renault alliance is able to survive turmoil

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

A senior executive at Mitsubishi Motors stated on Tuesday its alliance with Nissan and Renault is able to survive management upheaval, a day following elimination of Carlos Ghosn as chairman over financial misconduct allegations. The future of the 19-year alliance, among the biggest automotive groups in the world, has been thrown into doubt following the […]