PARIS, Jan 18 (Reuters) – Jerome Stoll will stay on as president of Renault Sport Racing, which includes the Formula One team, after the sudden departure of Thierry Koskas, the executive who was supposed to replace him. Koskas, who was a member of Renault’s executive committee reporting to chairman and chief executive Carlos Ghosn, was… Continue reading Motor racing-Stoll stays as Renault Sport president after Koskas leaves
Tag: Renault
Renault/Nissan: French evolution
Decisive action on Ghosn’s role should shore up Renault-Nissan relations Go to Source
Mitsubishi board examines new charges against Ghosn
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Nissan-Mitsubishi alleges Ghosn failed to discuss £7m in ‘improper payments’
Scandal-hit Renault boss Carlos Ghosn improperly received €7.8m (£7m) from a joint venture between Nissan and Mitsubishi, the carmakers allege. Netherlands-based Nissan-Mitsubishi BV says the payment was made despite no discussion with the other two board members, Nissan chief executive Hiroto Saikawa and Mitsubishi CEO Osamu Masuko. Ghosn was arrested on 19 November on charges of… Continue reading Nissan-Mitsubishi alleges Ghosn failed to discuss £7m in ‘improper payments’
Nissan and Mitsubishi say Ghosn received €7.8m
Questions remain over reasons why Dutch joint venture was used as conduit Go to Source
Carlos Ghosn received £6.9m in ‘improper’ payments, says Nissan
Carlos Ghosn Nissan and Mitsubishi say he was paid from joint venture without consulting board Carlos Ghosn has denied all financial misconduct. Photograph: Koichi Kamoshida/EPA Nissan and Mitsubishi have accused their former chairman, Carlos Ghosn, of receiving €7.8m (£6.9m) in “improper payments” from a joint venture between the Japanese carmakers without consulting other board members.… Continue reading Carlos Ghosn received £6.9m in ‘improper’ payments, says Nissan
Millions of Heavy Payments to Renault CEO – Nissan Demands Money: Ghosn is said to have received money from subsidiary
REUTERS Mitsubishi Motors: Ghosn received money from the subsidiary – without the board knowing The Ex-Chairman of the Ex-Board of Directors in custody Nissan and Mitusbishi, Carlos Ghosn, is reported to have received funds from a Dutch subsidiary without any knowledge of the board of directors following internal investigations. The sum had been transferred “illegally”… Continue reading Millions of Heavy Payments to Renault CEO – Nissan Demands Money: Ghosn is said to have received money from subsidiary
Gripped by Ghosn crisis, Renault expects slight sales growth
PARIS (Reuters) – Renault (RENA.PA) expects to deliver sales growth in 2019, despite the imminent ouster of Chairman and Chief Executive Carlos Ghosn and tension with alliance partner Nissan (7201.T). The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near Strasbourg, France, January 10, 2019. REUTERS/Vincent Kessler… Continue reading Gripped by Ghosn crisis, Renault expects slight sales growth
Nissan and Mitsubishi accuse Ghosn of charging 7.8 million irregularly
Posted 1/18/2019 10:03:42 PM Mitsubishi and Nissan study joint legal actions against Ghosn TOKYO, Jan. 18 (EUROPA PRESS) – The Japanese automakers Nissan and Mitsubishi have presented the results of an internal investigation in relation to the former president of the two firms, Carlos Ghosn, in which they have concluded that the manager charged irregularly… Continue reading Nissan and Mitsubishi accuse Ghosn of charging 7.8 million irregularly
Renault: record sales in 2018
Everything is not black for Renault. In the turmoil since the arrest, in Japan, of his boss Carlos Ghosn , the French manufacturer has not achieved a bad year in commercial terms. On the contrary: in 2018, the diamond group sold 3.88 million vehicles, an increase of 3.2% over last year. This is the sixth… Continue reading Renault: record sales in 2018