A Tokyo court upheld a decision that refused to extend the detention of former Nissan Motor Chairman Carlos Ghosn and former Representative Director Greg Kelly, public broadcaster NHK stated on Thursday, a move that brings them nearer to a release on bail. The court turned prosecutors’ appeal against the original decision. Ghosn and Kelly were
Nissan Motor’s board voted on Thursday to oust Carlos Ghosn from his post as chairman after his arrest in Japan this week, public broadcaster NHK reported, marking the surprising downfall of the executive once praised as the savior of the Japanese automaker. The elimination of Ghosn clouds the direction of the Renault-Nissan alliance, which he
Improper evaluation practices at Nissan Motor had been going for at least 20 years, Japanese national broadcaster NHK reported. Nissan stated late on Thursday it was suspending domestic production of cars for the Japanese market for at least 2 weeks to deal with misconduct in its last assessment procedures, which it first revealed last month.