Despite talk of new tie-ups, the alliance needs to get its own house in order first Go to Source
Tag: Renault
Former Nissan chairman Ghosn was too powerful, report finds
External experts say carmaker’s checks and balances did not ‘function effectively’ Go to Source
Nissan committee says facts point to legal violations by former chairman Ghosn
YOKOHAMA, Japan (Reuters) – An external committee tasked with recommending ways to improve governance at Nissan Motor Co said on Wednesday there were sufficient facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as… Continue reading Nissan committee says facts point to legal violations by former chairman Ghosn
Renault aims to restart Nissan merger talks within 12 months: FT
FILE PHOTO: 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/File Photo (Reuters) – France’s Renault SA intends to restart merger talks with Japanese automaker Nissan Motor Co Ltd within 12 months, after which it will set sight on… Continue reading Renault aims to restart Nissan merger talks within 12 months: FT
Renault eyes Fiat Chrysler bid after Nissan merger
Consolidation planning at French carmaker marks return of Ghosn-era’s bold strategy Go to Source
Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake
TOKYO (Reuters) – A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Carlos Ghosn’s arrest and ouster as chairman. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his… Continue reading Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake
Nissan reportedly paid to send Carlos Ghosn’s four children to Stanford University
Takaaki Iwabu | Bloomberg | Getty Images
Carlos Ghosn, former chairman of Nissan Motor Co., center, sits in a taxi as he leaves his lawyer's office in Tokyo, Japan, on Wednesday, March 6, 2018.
Nissan paid to send all four of former chairman Carlos Ghosn's children to Stanford University, according to a Bloomberg report.
His children attended Stanford between 2004 and 2015, when the total tuition would have been worth at least $601,000, according to Bloomberg.
The perk was part of Ghosn's original employment contract when he signed on as chief executive officer in 1999, Bloomberg said, citing anonymous people familiar with the matter.
A spokesman for Nissan did not immediately respond to a request for comment from CNBC. Nissan and Ghosn's lawyer, Jean-Yves Le Borgne, declined to comment to Bloomberg.
Ghosn was charged last fall in Japan for allegedly underreporting his compensation by millions of dollars and misusing company funds. His recent request for bond was approved after he spent 108 days in jail.
Ghosn has maintained his innocence throughout the process and denied any wrongdoing.
“I am not guilty of the charges against me and I look forward to defending my reputation in the courtroom; nothing is more important to me or to my family,” Ghosn said at his Jan. 20 bond hearing.
Read Bloomberg's report here.
RCI Bank and Services launches its savings activity in Brazil
In line with its refinancing diversification strategy, RCI Bank and Services is pursuing development of its savings activity – for the first time outside Europe – with the launch of bank certificates of deposit[1] (CDB) for individual customers in Brazil. It is the first finance company to do so in the Brazilian market. RCI Bank… Continue reading RCI Bank and Services launches its savings activity in Brazil
Nissan: Nissan to celebrate 50 years of performance at NYIAS
NEW YORK – Come experience a garage 50 years in the making – the Nissan Dream Garage at the 2019 New York International Auto Show. About Nissan North America In North America, Nissan’s operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under… Continue reading Nissan: Nissan to celebrate 50 years of performance at NYIAS
Renault Nissan Mitsubishi uses Microsoft cloud
Now the alliance (Renault-Nissan-Mitsubishi) has also switched to Azure’s cloud. More and more manufacturers are moving their data centers to the Microsoft cloud: Azure. Just recently Daimler his Moving completed and also Volkswagen cooperates with Microsoft. Now also has the alliance consisting of Renault, Nissan and Mitsubishi, decided to use the Azure cloud. Renault Nissan… Continue reading Renault Nissan Mitsubishi uses Microsoft cloud