APAC Dealbook: Alliance backs Tekion; Motorist.sg snags funds

January 21, 2019 The corporate venture capital fund of Renault-Nissan-Mitsubishi Alliance has backed automotive retail platform Tekion while Singapore’s auto concierge platform Motorist.sg secures seed funding. Alliance Ventures backs platform for automotive retail Tekion Alliance Ventures, the corporate venture capital fund of Renault-Nissan-Mitsubishi Alliance, has announced an investment in Tekion, a US-based platform for automotive retail, according to… Continue reading APAC Dealbook: Alliance backs Tekion; Motorist.sg snags funds

Nissan, Renault not ready to discuss new capital ties: Saikawa

TOKYO (Reuters) – Nissan CEO Hirota Saikawa said on Monday that he had not heard directly about a reported French proposal to integrate the Japanese carmaker’s management with Renault, adding that it was not the time to discuss revising the partners’ capital ties. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a… Continue reading Nissan, Renault not ready to discuss new capital ties: Saikawa

European power firms aim to harness electric car batteries

FRANKFURT/LONDON/PARIS (Reuters) – Ever wanted to run your electric car for free? If you’re open to a bit of give and take, then stay plugged in and your wishes might come true. At least that’s what some European power companies and Japanese carmakers believe. FILE PHOTO: A charging port is shown on the front of… Continue reading European power firms aim to harness electric car batteries

Nissan CEO says new capital ties with Renault not discussed

TOKYO (Reuters) – Nissan CEO Hirota Saikawa told reporters on Monday that he had not heard directly about a reported French proposal to integrate Nissan’s management with France’s Renault, adding that it was not the stage to discuss revising their capital ties. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news… Continue reading Nissan CEO says new capital ties with Renault not discussed

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’

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

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