Tag: Renault

Ousted Nissan boss Ghosn leaves Japan jail after $9 million bail

TOKYO (Reuters) – Ousted Nissan boss Carlos Ghosn walked out of a Tokyo prison on a $9 million bail on Wednesday, slipping past reporters in a face mask and moving closer to mounting a defense against financial misconduct charges that he has called “meritless”. Ghosn, among the world’s most prominent auto executives whose dramatic rescue… Continue reading Ousted Nissan boss Ghosn leaves Japan jail after $9 million bail

Carlos Ghosn: former Nissan chairman released on bail in Tokyo

Carlos Ghosn Ghosn was allowed to return to his residence while he awaits trial for financial misconduct Former Nissan chairman Carlos Ghosn, centre, walks out of detention in Tokyo following his release on bail. Photograph: Behrouz Mehri/AFP/Getty Images Carlos Ghosn has been freed from detention in Tokyo, almost four months after the former Nissan chairman… Continue reading Carlos Ghosn: former Nissan chairman released on bail in Tokyo

Mitsubishi Motors Makes World Premiere of the ENGELBERG TOURER and New "DENDO DRIVE HOUSE" System at Geneva International Motor Show

TOKYO–(BUSINESS WIRE)–Mitsubishi Motors Corporation (MMC) today made the global debut of the MITSUBISHI ENGELBERG TOURER next-generation crossover SUV concept at the 89th Geneva International Motor Show*1. Embodying the “Drive your Ambition” corporate tagline, the MITSUBISHI ENGELBERG TOURER uses MMC’s established and advanced electrification and all-wheel control technologies to raise SUV appeal to a new level.… Continue reading Mitsubishi Motors Makes World Premiere of the ENGELBERG TOURER and New "DENDO DRIVE HOUSE" System at Geneva International Motor Show

UPDATE 3-Ex-Nissan chair Ghosn to leave jail, says to fight Japan’s “meritless” charges

TOKYO (Reuters) – Ousted Nissan Motor Chairman Carlos Ghosn has posted $9 million in bail, paving the way for his release from jail as early as Wednesday and giving the executive fresh impetus to craft his defense against financial misconduct charges in Japan. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends… Continue reading UPDATE 3-Ex-Nissan chair Ghosn to leave jail, says to fight Japan’s “meritless” charges

Ghosn posts bail, set to leave jail cell after more than 100 days

FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018. REUTERS/Regis Duvignau TOKYO (Reuters) – Ousted Nissan Motor Chairman Carlos Ghosn has posted $9 million in bail, paving the way for… Continue reading Ghosn posts bail, set to leave jail cell after more than 100 days

Grab raises $1.46b from Vision fund, bumps up Series H total to $4.5b

March 6, 2019 Ride-hailing unicorn Grab has raised $1.46 billion in fresh funding from the SoftBank Vision Fund, bringing the total amassed in its ongoing Series H to $4.5 billion, according to a statement on Wednesday. SoftBank Group Corp is an existing Grab investor. It first bought a stake in Grab for $250 million in… Continue reading Grab raises $1.46b from Vision fund, bumps up Series H total to $4.5b

Carlos Ghosn, jailed for more than 100 days, set to be released on bail

TOKYO (Reuters) – Former Nissan Motor Co Chairman Carlos Ghosn was set to be released on an $8.9 million bail on Wednesday, giving the once-feted executive fresh impetus to build a defense against what he has called “meritless” financial misconduct charges. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow… Continue reading Carlos Ghosn, jailed for more than 100 days, set to be released on bail

Pininfarina’s $2 million electric ‘Battista’ hypercar is faster than a Formula 1 race car

Automobili Pininfarina, the automaker brand infused with Pininfarina design house DNA and owned by India’s Mahindra Group, revealed its first production car this week at the Geneva International Motor Show. And it’s an audacious inaugural effort. The Pininfarina Battista — a nod to design house founder Battista “Pinin” Farina — is an all-electric beast of… Continue reading Pininfarina’s $2 million electric ‘Battista’ hypercar is faster than a Formula 1 race car