Carlos Ghosn Renault

As per reports an investigative magistrate issued international arrest warrant against Ghosn and the current owners or former directors of the Omani company Suhail Bahwan Automobiles

Carlos Ghosn, who has denied all wrongdoing, was chairman of both Nissan and Mitsubishi and chief executive of Renault when he was arrested on charges of under-reporting his salary and using company funds for personal purposes.

Carlos Ghosn concealed the scale of his compensation at Nissan because he feared the French government would force him out of Renault if it discovered how much he earned, an executive at the Japanese carmaker told a Tokyo court.

Ghosn, who also ran French carmaker Renault SA, has been in Lebanon since January after fleeing Japan before he was due to stand trial.

When the French part of the Renault-Nissan alliance reports its results on Thursday, investors expect confirmation of a harsh reality: automakers that already had weaknesses are having them mercilessly exposed by the COVID-19 epidemic.

Former Nissan Motor Co Ltd Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results "pathetic", driven as much by a lack of joint leadership than the COVID-19 pandemic.

Nissan Motor Co Ltd on Monday blasted suggestions in media reports of a conspiracy within the company to oust former chairman Carlos Ghosn.

Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.

Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe. Renault and Nissan have been in a carmaking alliance for the past two decades and are due to announce ...

The former leader of the Renault-Nissan automaking alliance made a sensational year-end escape from Japan, where he faces trial for financial crimes including misuse of Nissan funds for personal benefit. He denies the charges.

French car giant Renault said Monday it was filing a civil claim for damages against former CEO Carlos Ghosn over alleged financial misconduct.

Nissan's new CEO Makoto Uchida doesn't have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company's board. The mission: the new boss must prove to the board he can accelerate cost-cutting and...

Carlos Ghosn has repeatedly denied any wrongdoing, including concerning the way he was compensated

Three senior officials at Japan's No. 2 automaker told Reuters that they anticipate a poor results announcement on Thursday, with one of them calling the figures "dismal".Two of the officials cautioned that there is the possibility of an operating loss, which would be the first quarterly loss since the period ending in March 2009.

Nissan said it expects the amount claimed in damages to "increase in future" as it seeks to recover fines it expects to have to pay to regulators due to Ghosn's alleged misconduct.

As per reports an investigative magistrate issued international arrest warrant against Ghosn and the current owners or former directors of the Omani company Suhail Bahwan Automobiles

Carlos Ghosn, who has denied all wrongdoing, was chairman of both Nissan and Mitsubishi and chief executive of Renault when he was arrested on charges of under-reporting his salary and using company funds for personal purposes.

Carlos Ghosn concealed the scale of his compensation at Nissan because he feared the French government would force him out of Renault if it discovered how much he earned, an executive at the Japanese carmaker told a Tokyo court.

Ghosn, who also ran French carmaker Renault SA, has been in Lebanon since January after fleeing Japan before he was due to stand trial.

When the French part of the Renault-Nissan alliance reports its results on Thursday, investors expect confirmation of a harsh reality: automakers that already had weaknesses are having them mercilessly exposed by the COVID-19 epidemic.

Former Nissan Motor Co Ltd Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results "pathetic", driven as much by a lack of joint leadership than the COVID-19 pandemic.

Nissan Motor Co Ltd on Monday blasted suggestions in media reports of a conspiracy within the company to oust former chairman Carlos Ghosn.

Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.

Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe. Renault and Nissan have been in a carmaking alliance for the past two decades and are due to announce ...

The former leader of the Renault-Nissan automaking alliance made a sensational year-end escape from Japan, where he faces trial for financial crimes including misuse of Nissan funds for personal benefit. He denies the charges.

French car giant Renault said Monday it was filing a civil claim for damages against former CEO Carlos Ghosn over alleged financial misconduct.

Nissan's new CEO Makoto Uchida doesn't have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company's board. The mission: the new boss must prove to the board he can accelerate cost-cutting and...

Carlos Ghosn has repeatedly denied any wrongdoing, including concerning the way he was compensated

Three senior officials at Japan's No. 2 automaker told Reuters that they anticipate a poor results announcement on Thursday, with one of them calling the figures "dismal".Two of the officials cautioned that there is the possibility of an operating loss, which would be the first quarterly loss since the period ending in March 2009.

Nissan said it expects the amount claimed in damages to "increase in future" as it seeks to recover fines it expects to have to pay to regulators due to Ghosn's alleged misconduct.