Latest Carlos Ghosn News

Protesting Renault workers stand outside their plant Friday, May 29, 2020 in Choisy-le-Roi, outside Paris. Struggling French carmaker Renault announced 15,000 job cuts worldwide as part of a 2 billion euros cost-cutting plan over three years. The cost-cutting plan comes as Renault came into the virus crisis in particularly bad shape. Its alliance with Nissan and Mitsubishi is a major global auto player but has struggled since the 2018 arrest of its longtime star CEO Carlos Ghosn. (AP Photo/Christophe Ena)

French carmaker Renault to cut 15,000 jobs worldwide

May. 29, 2020 7:09 AM EDT

PARIS (AP) — French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems. Renault, which employs 180,000 and is already negotiating a...

Nissan workers gather during a protest in Barcelona, Spain, Thursday, May 28, 2020. Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plans in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs. (AP Photo/Emilio Morenatti)

Nissan to close Indonesia, Spain auto plants after losses

May. 28, 2020 7:51 AM EDT

TOKYO (AP) — Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production. Yokohama-based Nissan’s chief executive, Makoto Uchida, said Thursday that its European...

Smoke rises over the Nissan factory as workers burn tires during a protest in Barcelona, Spain, Thursday, May 28, 2020. Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plans in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs. (AP Photo/Emilio Morenatti)

Spanish workers, officials decry Nissan move to close plant

May. 28, 2020 7:11 AM EDT

BARCELONA, Spain (AP) — Angry workers burned tires at the gates of the Nissan carmaking plant in northeastern Spain and prepared for more protests after the Japanese company said it would shut all its manufacturing in the region as it reshuffles its global business. The decision will lead to 3,000 direct...

In this image from a video provided by Renault-Nissan-Mitsubishi, Alliance Operating Board Chairman Jean-Dominique Senard speaks during an online news conference Wednesday, May 27, 2020. The Japanese-French auto alliance of Nissan and Renault will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic. (Renault-Nissan-Mitsubishi via AP)

Nissan-Renault alliance to share more parts, technology

May. 27, 2020 4:35 AM EDT

TOKYO (AP) — The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic. Alliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller...

French President Emmanuel Macron, center, wearing a protective face mask, listens to explanations by an employee as CEO of France-based multinational automotive supplier Valeo Jacques Aschenbroicha looks on, in Etaples, , northern France, Tuesday May 26, 2020. Emmanuel Macron announced a 8 billion euro ($8.8 billion) plan to save the country's car industry from huge losses wrought by virus lockdowns, including a big boost for electric vehicles. The plan includes government subsidies for car buyers and longer-term investment in innovative technology, especially in battery-powered cars. (Ludovic Marin, Pool via AP)

France deploys $8.8 billion to rescue ailing car industry

May. 26, 2020 4:01 PM EDT

PARIS (AP) — France’s government is injecting more than 8 billion euros ($8.8 billion) to save the country’s car industry from huge losses wrought by virus lockdowns, and wants to use the crisis to make France the No. 1 producer of electric vehicles in Europe. Starting next week, consumers...

This Dec. 30, 2019 image from security camera video shows Michael L. Taylor, center, and George-Antoine Zayek at passport control at Istanbul Airport in Turkey. Taylor, a former Green Beret and his son, Peter Taylor, 27, were arrested Wednesday, May 20, 2020 in Massachusetts on charges they smuggled Nissan Motor Co. Chairman Carlos Ghosn out of Japan in a box in December 2019, while he awaited trial there on financial misconduct charges. (DHA via AP)

Ex-Green Beret nabbed in exec's escape has lived on the edge

May. 21, 2020 12:25 AM EDT

Decades before a security camera caught Michael Taylor coming off a jet that was carrying one of the world’s most-wanted fugitives, the former Green Beret had a hard-earned reputation for taking on dicey assignments. Over the years, Taylor had been hired by parents to rescue abducted children. He went...

FILE - In this Jan. 10, 2020, file photo, former Nissan Chairman Carlos Ghosn speaks to Japanese media during an interview in Beirut, Lebanon. U.S. authorities have arrested two men accused of helping former Nissan Chairman Carlos Ghosn flee Japan while awaiting trial on charges of financial misconduct. Michael Taylor and his son Peter Taylor were arrested Wednesday by the U.S. Marshals Service on Wednesday morning in Harvard, Massachusetts.  (Meika Fujio/Kyodo News via AP, File)

2 accused of smuggling ex-Nissan boss out of Japan in a box

May. 20, 2020 7:31 PM EDT

WASHINGTON (AP) — A former Green Beret and his son were arrested Wednesday in Massachusetts on charges they smuggled Nissan Motor Co. Chairman Carlos Ghosn out of Japan in a box while he awaited trial there on financial misconduct charges. Michael Taylor, a 59-year-old former Green Beret and private...

Turkish pilots, others, to stand trial over Ghosn escape

May. 15, 2020 2:42 PM EDT

ANKARA, Turkey (AP) — A court in Istanbul on Friday accepted an indictment against four pilots, an airline company official and two flight attendants accused of helping former Nissan chairman Carlos Ghosn escape from Japan to Lebanon via Turkey, and set a trial date for July 3. Prosecutors are seeking up...

FILE - In this July 31, 2019, file photo, Honda cars are displayed at the automaker's headquarters in Tokyo. The Japanese automaker sank deeper into losses for the fiscal quarter ended in March, 2020, as the damage to the industry set off by the coronavirus outbreak hurt sales and crimped production.  Tokyo-based Honda reported Tuesday, May 12, 2020, a January-March loss of 29.5 billion yen ($276 million).  (AP Photo/Koji Sasahara, File)

Honda sinks deeper into quarterly losses on virus outbreak

May. 12, 2020 5:22 AM EDT

TOKYO (AP) — Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production. Tokyo-based Honda reported Tuesday a January-March loss of 29.5 billion yen ($276 million). ...

Turkey charges pilots, others, over ex-Nissan chief's escape

May. 7, 2020 11:47 AM EDT

ANKARA, Turkey (AP) — Turkish prosecutors have charged four pilots, an airline company official and two flight attendants for their alleged roles in former Nissan chairman Carlos Ghosn’s escape from Japan to Turkey and from there to Beirut, Turkey’s state-run news agency reported Thursday....