Ex Green Beret Charged With Helping Carlos Ghosn Flee Japan – TIME

A onetime U.S. Army Special Forces member accused of assisting in the cloak-and-dagger escape of Nissan Motor Co.’s former chairman from Japan will fight any attempt to extradite him from the U.S., according to his lawyer. Michael Taylor, 59, was taken into custody Wednesday by U.S. Marshals and faces possible extradition to Japan for his… Continue reading Ex Green Beret Charged With Helping Carlos Ghosn Flee Japan – TIME

Renault could disappear and needs to be able to adapt: Le Maire

FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – France’s Finance Minister Bruno Le Maire said on Friday that Renault (RENA.PA) could disappear if it does not get help very soon to cope with the fallout from the… Continue reading Renault could disappear and needs to be able to adapt: Le Maire

Nissan considering 20,000 job cuts, mainly in Europe, developing nations: Kyodo

FILE PHOTO: A Nissan logo is pictured at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir TOKYO (Reuters) – Nissan Motor Co (7201.T) is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese automaker struggles to recover from plunging car sales.… Continue reading Nissan considering 20,000 job cuts, mainly in Europe, developing nations: Kyodo

Renault’s Alpine Factory May Close For Good As Part Of Cost-Cutting Measures – Car Throttle

Renault’s €2 billion raft of savings measures reportedly could include the closure of the Dieppe factory responsible for the Alpine A110 Following a report which suggested the Nissan 370Z and GT-R could become casualties of cost-cutting measures, it’s emerged that a savings programme at partner company Renault could claim another sports car. The Financial Times… Continue reading Renault’s Alpine Factory May Close For Good As Part Of Cost-Cutting Measures – Car Throttle

‘I’ve not yet signed Renault loan’, says French finance minister

PARIS (Reuters) – France’s Finance Minister Bruno Le Maire said he has not signed off on a 5 billion euro ($5.47 billion) state-guaranteed loan to help Renault (RENA.PA) cope with the fallout from the coronavirus, and that discussions continued. FILE PHOTO: French Economy and Finance Minister Bruno Le Maire speaks during a presentation of the… Continue reading ‘I’ve not yet signed Renault loan’, says French finance minister

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

Authorities say Ghosn was inside one of the big black boxes, lugged by the two men to Japan’s Kansai International Airport. WASHINGTON – 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… Continue reading 2 accused of smuggling ex-Nissan boss out of Japan in a box

Nissan says it has noted U.S. arrests in Ghosn case, reserves right for legal measures

FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at the Lebanese Press Syndicate in Beirut, Lebanon January 8, 2020. Picture taken January 8, 2020. REUTERS/Mohamed Azakir TOKYO (Reuters) – Nissan Motor Co said on Thursday it still reserves the right to take further legal measures in the case of its ousted… Continue reading Nissan says it has noted U.S. arrests in Ghosn case, reserves right for legal measures

Renault Launches ZITY Car Sharing In Paris

ZITY DEPLOYS ELECTRIC CAR-SHARING SERVICE IN PARIS 500 Renault ZOE available for rental, 24 hours a day, 7 days a week, in the centre of Paris and Clichy. A free downloadable mobile application to reserve, access and return a vehicle easily. Competitive and flexible pricing, with no subscription or time constraints, to meet the different… Continue reading Renault Launches ZITY Car Sharing In Paris

‘My £74K redundancy package has vanished’

Employees at a car parts plant say they will lose thousands from their redundancy deal after the firm went into administration. Martin Hindle, 54, worked at Arlington Automotive Group for 30 years and was promised £74,000 in a redundancy deal. He now estimates he will get £14,000. The firm previously agreed a £1m package for… Continue reading ‘My £74K redundancy package has vanished’

US arrests ex-Green Beret and son accused of aiding Ghosn’s escape

NEW YORK — U.S. authorities have arrested two of the three men accused of aiding former Nissan Motor Chairman Carlos Ghosn’s escape from Japan. Michael Taylor (59), a former U.S. Green Beret, and his son, Peter Taylor (27), were taken into custody in Massachusetts on Wednesday, according to federal prosecutors. The suspects had booked flights to Beirut… Continue reading US arrests ex-Green Beret and son accused of aiding Ghosn’s escape