Latest Nissan Motor Co Ltd News

Ex-Nissan exec Kelly wants boardroom, not criminal, trial

Aug. 19, 2021 02:01 AM EDT

TOKYO (AP) — Nearly three years later, former Nissan executive Greg Kelly is still wondering why the questions that led to his arrest and trial in Japan weren’t simply taken up in the automaker's corporate boardroom. Kelly, an American lawyer who worked for three...

Japan's Nissan returns to profit, forecasts profit for year

Jul. 28, 2021 05:48 AM EDT

TOKYO (AP) — Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market. The Japanese automaker says it expects to return to profit for the fiscal year through March 2022,...

American father, son get Japan prison terms for Ghosn escape

Jul. 19, 2021 04:32 AM EDT

TOKYO (AP) — A Tokyo court handed down prison terms for the American father and son accused of helping Nissan’s former chairman, Carlos Ghosn, escape to Lebanon while awaiting trial in Japan. Michael Taylor was sentenced Monday to two years in prison, while his son...

Nissan CEO tells Tokyo court Carlos Ghosn had too much power

Jul. 07, 2021 05:26 AM EDT

TOKYO (AP) — Nissan Chief Executive Makoto Uchida told a Japanese court on Wednesday that the company’s former chairman, Carlos Ghosn, had held too much power, failed to listen to others, and stayed on for too long. Uchida said Wednesday that those were factors that...

Prosecutors seek prison for Americans in Ghosn escape trial

Jul. 02, 2021 06:04 AM EDT

TOKYO (AP) — The trial in Tokyo of two Americans charged with helping Nissan’s former chairman, Carlos Ghosn, flee Japan wrapped up Friday with prosecutors seeking prison terms of more than two years for each of them. The Americans, former Green Beret Michael Taylor...