The disclosure came less than a day after the men, Michael Taylor and his son Peter Taylor, who are trying to avoid extradition to Japan in connection with Ghosn’s escape, petitioned a U.S. judge to release them on bail. New York: Carlos Ghosn, the former Nissan Motor Co chairman, wired $862,500 last year to a… Continue reading US says Carlos Ghosn wired money to man who helped him flee Japan – ETAuto.com
Tag: Nissan
Ghosn wired $860,000 to alleged escape plotter’s firm, US says
David Yaffe-Bellany, Bloomberg Published 3:28 p.m. ET July 7, 2020 | Updated 3:31 p.m. ET July 7, 2020 Former Nissan Motor Co. chief Carlos Ghosn transferred more than $860,000 in October to a company managed by one of the men accused of helping him escape criminal charges in Japan two months later, U.S. prosecutors said.… Continue reading Ghosn wired $860,000 to alleged escape plotter’s firm, US says
Nissan secures $7.8 billion from creditors since April: filing
FILE PHOTO: A logo of Japan car manufacturer Nissan is pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko/File Photo TOKYO (Reuters) – Nissan Motor Co (7201.T) has raised $7.8 billion in financing from its creditors since April as it tries to shore up its cash position in the face of falling sales… Continue reading Nissan secures $7.8 billion from creditors since April: filing
Obrist Mark II Could Be The Affordable Alternative To The Tesla Model 3
Getting everyone to drive an EV is not just a matter of will. Above all, it is a matter of (financial) possibilities and convenience. It is not enough to convince someone they will save a lot of money with an electric car if they cannot afford to buy one. That is the role the Nissan… Continue reading Obrist Mark II Could Be The Affordable Alternative To The Tesla Model 3
Mitsubishi Plug-In Car Sales In The U.S. Decreased In Q2 2020
Mitsubishi results for the second quarter of 2020 were significantly affected by the COVID-19 lockdown in the U.S., as the company reports 12,197 sales (down 58% year-over-year). The brands’ only plug-in model, the Mitsubishi Outlander PHEV, noted just 285 sales, which is 54% less than a year ago. Outlander PHEV share in overall volume amounted… Continue reading Mitsubishi Plug-In Car Sales In The U.S. Decreased In Q2 2020
@Mitsubishi: Mitsubishi Motor Sales of Canada, Inc. (Mitsubishi Motors Canada) announced today first quarter results for its fiscal year 2020
Mississauga, ON – July 2, 2020 – Mitsubishi Motor Sales of Canada, Inc. (Mitsubishi Motors Canada) announced today first quarter results for its fiscal year 2020. The company delivered 2,827 vehicles between the months of April to June, a 58 per cent decrease year over year. Leading the line-up was Outlander with 862 deliveries, followed… Continue reading @Mitsubishi: Mitsubishi Motor Sales of Canada, Inc. (Mitsubishi Motors Canada) announced today first quarter results for its fiscal year 2020
Renault and Nissan Unveil Plan to Patch Tattered Alliance
TOKYO — Nissan and Renault, the quarrelsome main partners in the world’s largest automaking alliance, announced a plan on Wednesday to try to reset their troubled relationship as they seek to survive the coronavirus’s devastating impact on the car industry. The plan seeks to more clearly delineate each company’s turf so they can better absorb… Continue reading Renault and Nissan Unveil Plan to Patch Tattered Alliance
Chinese EV startup Byton to suspend production for reorganization – Automotive News Europe
SHANGHAI — China-based electric car startup Byton said on Tuesday it will suspend production from July 1 to conduct a reorganization of the automaker after being hit by the coronavirus pandemic. The company, which is backed by state-owned automaker FAW Group and battery supplier Contemporary Amperex Technology, said it was also actively raising funds to… Continue reading Chinese EV startup Byton to suspend production for reorganization – Automotive News Europe
Nissan’s newish boss wants to re-engineer the troubled carmaker – The Economist
Remodelling the global alliance with Renault and Mitsubishi will be tougher NISSAN IS IN for a makeover. On July 15th the Japanese carmaker will unveil what is rumoured to be a sleeker, more minimalist logo more in line with the contemporary aesthetic. To its boss, Uchida Makoto, the redesign is the outward expression of deeper… Continue reading Nissan’s newish boss wants to re-engineer the troubled carmaker – The Economist
@Nissan: Nissan Sunderland restarts vehicle production
2020/06/08 Vehicle production resumes in Nissan Sunderland Plant New Nissan Juke first car off the production line 95% of dealer network now re-opened SUNDERLAND, UK – Nissan Sunderland plant today resumed vehicle production after almost three months, with a new Nissan Juke the first car off the line. Hundreds of hours of preparation have been… Continue reading @Nissan: Nissan Sunderland restarts vehicle production