Latest Carlos Ghosn News

Renault chief confident partnership with Nissan on track

Jul. 18, 2019 12:26 PM EDT

BOULOGNE-BILLANCOURT, France (AP) — Renault's chairman expressed confidence Thursday that the French automaker's alliance with Nissan remains on track following the appointment of a new board at the Japanese firm in the wake of the scandal involving Carlos Ghosn, who had chaired both companies....

Search at Renault linked to ex-chief's Versailles dinner

Jul. 3, 2019 8:11 AM EDT

PARIS (AP) — French investigators are searching the headquarters of Renault as part of a probe linked to the financing of former chairman Carlos Ghosn's 2016 marriage reception at the Chateau of Versailles. The group confirmed that a search at its headquarters outside Paris began about 10 a.m. (0800 GMT)...

Nissan ex-chair Ghosn cancels news conference in Tokyo

Jun. 28, 2019 5:04 AM EDT

TOKYO (AP) — Former Nissan Chairman Carlos Ghosn canceled his news conference planned for Friday within hours of its announcement, citing opposition from his family and media adviser. It would have been his first such appearance since he was arrested in November on financial misconduct allegations, and...

Leaders of Japan, France share Middle East concerns

Jun. 26, 2019 12:10 PM EDT

TOKYO (AP) — French President Emmanuel Macron said Wednesday he and Japanese Prime Minister Shinzo Abe have agreed to bolster naval defense ties in the Indo-Pacific region and shared concerns about growing tensions in the Middle East. Macron, in Tokyo ahead of this week's Group of 20 summit in Osaka, told...

Mitsubishi Motors to relocate North America HQ to Tennessee

Jun. 25, 2019 3:32 PM EDT

NASHVILLE, Tenn. (AP) — Mitsubishi Motors announced on Tuesday that it is relocating its North America headquarters from California to Tennessee, a move that will bring the Japanese automaker closer to its sister company Nissan and strengthen Tennessee's growing reputation as an epicenter of the automotive...

Nissan governance steps, board win shareholders' approval

Jun. 25, 2019 3:12 AM EDT

YOKOHAMA, Japan (AP) — Scandal-battered Nissan won its shareholders' approval Tuesday for a new system of committees to oversee governance and for keeping Chief Executive Hiroto Saikawa on its board. The Japanese automaker's profits and dividends have tumbled amid a high-profile scandal involving its...

Mitsubishi Motors shareholders approve ouster of Ghosn

Jun. 21, 2019 9:52 AM EDT

TOKYO (AP) — Mitsubishi Motors Corp. shareholders approved on Friday the ouster of Carlos Ghosn, who was pivotal in the Japanese automaker's three-way partnership with Nissan and Renault until he was arrested on financial misconduct charges last year. The vote took place in a 2-hour general meeting of...

Waymo teams up with Renault, Nissan on robotaxis outside US

Jun. 20, 2019 12:37 PM EDT

SAN FRANCISCO (AP) — Self-driving car pioneer Waymo is teaming up with automakers Renault and Nissan to make its first journey outside the U.S. with a ride-hailing service that will dispatch a fleet of robotaxis in France and Japan. The partnership announced late Wednesday underscores Waymo's ambition to...

Renault chief frustrated by French state over botched merger

Jun. 12, 2019 1:40 PM EDT

PARIS (AP) — Renault's chairman on Wednesday expressed his frustration with the French government for resisting a merger deal proposed by rival carmaker Fiat Chrysler, and at a critical time — ahead of what he views as a coming "tsunami" from China's auto industry. Jean-Dominique Senard told a...

Proxy companies advise shareholders against Nissan's Saikawa

Jun. 12, 2019 4:48 AM EDT

TOKYO (AP) — Two investor research companies are advising Nissan shareholders to turn down a proposal to reappoint the automaker's chief executive, Hiroto Saikawa, as a board director, citing possible oversight problems at the Japanese automaker after the arrest of his predecessor Carlos Ghosn. A corporate...