Latest Carlos Ghosn News

FILE - In this Jan. 10, 2020, file photo, former Nissan Chairman Carlos Ghosn speaks to Japanese media during an interview in Beirut, Lebanon.  Two American men wanted by Japan on charges that they helped sneak former Nissan Motor Co. Chairman Carlos Ghosn out of the country in a box have again been denied release from a U.S. jail. U.S. District Judge Indira Talwani on Friday, Aug. 7,  rejected a bid to release Michael Taylor and Peter Taylor on bail while they fight their extradition to Japan.  (Meika Fujio/Kyodo News via AP)

2 accused in ex-Nissan boss' escape denied release from jail

Aug. 8, 2020 1:43 PM EDT

BOSTON (AP) — Two American men wanted by Japan on charges that they helped sneak former Nissan Motor Co. Chairman Carlos Ghosn out of the country in a box have again been denied release from a U.S. jail. U.S. District Judge Indira Talwani on Friday rejected a bid to free Michael Taylor, a 59-year-old U.S....

FILE - In this July 31, 2019, file photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Wednesday, Aug. 5, 2020, it sank into the red for the April-June quarter, as its sales plunged over the coronavirus pandemic, especially in the U.S., Japan and India. (AP Photo/Koji Sasahara, File)

Japan's Honda reports loss in April-June as virus hits sales

Aug. 5, 2020 4:30 AM EDT

TOKYO (AP) — Japanese automaker Honda reported Wednesday that it sank into the red for the April-June quarter, as its sales plunged due to the coronavirus pandemic, especially in the U.S., Japan and India. Honda Motor Co. racked up an 80.8 billion yen ($765 million) fiscal first quarter loss, a reversal...

FILE - In this file photo dated  Friday, May 29, 2020, the Renault plant is pictured in Choisy-le-Roi, outside Paris, France.  French carmaker Renault reported Thursday July 30, 2020, a massive loss of 7.4 billion euros (dollars 8.5 billion) in the first half of the year as the collapse in global auto sales due to the coronavirus global pandemic worsened troubles already brewing at the manufacturer. (AP Photo/Christophe Ena, FILE)

France's Renault posts massive loss as trouble piles up

Jul. 30, 2020 8:45 AM EDT

PARIS (AP) — French carmaker Renault reported a massive loss of 7.4 billion euros ($8.5 billion) in the first half of the year as the collapse in global auto sales due to the pandemic worsened troubles already brewing at the manufacturer. Renault's loss compared with a profit of about 1 billion euros a...

FILE - In this Dec. 25, 2018, file photo, then Nissan Motor Co.'s executive Greg Kelly, center, leaves Tokyo's Detention Center in Tokyo. Former Nissan executive Kelly, who was arrested in connection with the financial scandal of his ex-boss Carlos Ghosn, will soon face trial in a Tokyo court. Both cases had been in limbo after Ghosn fled to Lebanon. Tokyo Deputy Chief Prosecutor Hiroshi Yamamoto said Thursday, July 30, 2020, the trial of Kelly, an American, and Nissan Motor Co., a defendant in the same trial as a company, will start Sept. 15.   (Kyodo News via AP, File)

Ghosn gone, other Nissan former executive set to face trial

Jul. 30, 2020 8:18 AM EDT

TOKYO (AP) — Former Nissan executive Greg Kelly, who was arrested in connection with the financial scandal of his ex-boss Carlos Ghosn, will soon face trial in a Tokyo court. Both cases had been in limbo after Ghosn fled to Lebanon. Tokyo Deputy Chief Prosecutor Hiroshi Yamamoto said Thursday the trial of...

A man walks by new logo of Nissan seen at the automaker's showroom in Tokyo Tuesday, July 28, 2020.  Nissan reported a 285.6 billion yen ($2.7 billion) loss for April-June, as the Japanese automaker sales crashed amid the coronavirus pandemic and it struggled to recover from the loss of its former star executive Carlos Ghosn. (AP Photo/Eugene Hoshiko)

Nissan expects second straight year of red ink amid outbreak

Jul. 28, 2020 8:17 PM EDT

TOKYO (AP) — Nissan reported a 285.6 billion yen ($2.7 billion) loss for April-June, as the Japanese automaker's sales crashed amid the coronavirus pandemic and it struggled to recover from the loss of its former star executive Carlos Ghosn. Nissan Motor Co. racked up its first annual red ink in 11 years...

FILE - In this Jan. 10, 2020, file photo, former Nissan Chairman Carlos Ghosn speaks to Japanese media during an interview in Beirut, Lebanon. Two men wanted by Japan for helping sneak Ghosn out of the country in a box are due back in front of a Boston federal judge on Tuesday, July 28, 2020, to argue for their release from jail. (Meika Fujio/Kyodo News via AP)

2 nabbed in ex-Nissan boss' escape say they won't flee US

Jul. 28, 2020 2:09 PM EDT

A U.S. magistrate judge improperly denied release to a father and son wanted by Japan on charges that they helped sneak former Nissan Motor Co. Chairman Carlos Ghosn out of that country, their attorneys said Tuesday. Lawyers for Michael and Peter Taylor urged U.S. District Judge Indira Talwani to immediately...

FILE - In this Jan. 18, 2019, file photo, Mitsubishi Motors CEO Osamu Masuko speaks during a press conference at its headquarters in Tokyo. Mitsubishi Motors Corp. reported Monday, July 27, 2020, a 176 billion yen ($1.7 billion) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the world.  (AP Photo/Eugene Hoshiko)

Japan's Mitsubishi Motors racks up red ink on pandemic pain

Jul. 27, 2020 5:08 AM EDT

TOKYO (AP) — Mitsubishi Motors Corp. reported Monday a 176 billion yen ($1.7 billion) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the world. The Japanese automaker had posted a profit of 9.3 billion yen for the fiscal first...

Nissan Motor Co.'s new electric crossover Ariya is displayed at Nissan Pavilion in Yokohama near Tokyo Tuesday, July 14, 2020. The Ariya is the Japanese automaker’s first major all-new model since getting embroiled in the scandal surrounding former Chairman Carlos Ghosn. The vehicle, set to go on sale in Japan by the middle of next year, and in Europe, North America and China by the end of 2021, costs about 5 million yen ($46,000).(AP Photo/Koji Sasahara)

Nissan rolls out new electric crossover, aims to boost image

Jul. 15, 2020 3:01 AM EDT

TOKYO (AP) — Nissan unveiled an electric crossover vehicle Wednesday, the Japanese automaker’s first major all-new model since getting embroiled in the scandal surrounding its former chairman, Carlos Ghosn. At its global premiere in Yokohama, Japan, the new vehicle, “Ariya" was billed as...

Ghosn says he is aiding those who helped him flee to Lebanon

Jul. 12, 2020 7:12 AM EDT

BEIRUT (AP) — Former Nissan Motor Co. Chairman Carlos Ghosn says he is assisting those who helped him flee from Japan to Lebanon last year but refuses to provide details about the escape, saying such information would endanger them. In an interview aired late Saturday by the pan-Arab Al-Arabiya TV, Ghosn...

FILE - In this Jan. 10, 2020, file photo, former Nissan Chairman Carlos Ghosn speaks to Japanese media during an interview in Beirut, Lebanon. Prosecutors filed documents on Tuesday, July 7, 2020, detailing wire transfers by Ghosn to a company linked to one of the men accused of helping smuggle him out of Japan in a box in 2019. (Meika Fujio/Kyodo News via AP)

No bail for 2 accused of helping ex-Nissan boss escape Japan

Jul. 10, 2020 2:42 PM EDT

BOSTON (AP) — A Massachusetts father and son who prosecutors say helped smuggle Nissan’s former chairman out of Japan last year were denied bail by a federal judge in Boston on Friday. Michael Taylor, a 59-year-old U.S. Army Special Forces veteran, and his 27-year-old son, Peter Taylor, had sought...