Tag: Nissan

Nissan Said to Be Repatriating Cash as Renault Tensions Brew – Bloomberg

Nissan Said to Be Repatriating Cash as Renault Tensions Brew  BloombergRenault Keeps Ghosn at Wheel After Probe Finds No Pay Wrongdoing  BloombergQuintNissan and Renault Face Leadership Crisis After C.E.O. Is Jailed  The New York TimesOpinion | Why Japan needs criminal-justice reform  LivemintView full coverage on Google News Go to Source

Renault keeps Carlos Ghosn at helm despite financial misconduct charges

Carlos Ghosn Company says all payments to Ghosn between 2015 and 2018 were compliant with the law Carlos Ghosn. Photograph: Johannes Eisele/AFP/Getty Images The French carmaker Renault has retained Carlos Ghosn as its chairman and chief executive after finding no irregularities in his pay packages, despite his arrest and continued detention in Japan. Renault said… Continue reading Renault keeps Carlos Ghosn at helm despite financial misconduct charges

Communication of the Lead Independent Director of Renault

Boulogne-Billancourt, 14 December 2018 – Philippe Lagayette, Lead Independent Director, chairing the Board of Directors of Renault, refutes the press rumors reporting differences of opinion within the Board of Directors at its ordinary meeting of 13 December 2018.   The Board clearly noted in its communication that, based on the elements available, it has decided to maintain… Continue reading Communication of the Lead Independent Director of Renault

European passenger car sales fall 8.1 percent in November

FRANKFURT, Dec 14 (Reuters) – Volkswagen, Renault and Fiat Chrysler led an 8.1 percent decline in European car sales in November, the main regional industry body said on Friday, as the introduction of tougher new emissions tests continued to weigh on demand. Registrations fell to 1.16 million cars in European Union and European Free Trade… Continue reading European passenger car sales fall 8.1 percent in November

UPDATE 2-Lawyers of ex-Nissan boss: Carmaker could have planted evidence

SAO PAULO (Reuters) – The battle between Nissan Motor Co Ltd (7201.T) and its ousted Chairman Carlos Ghosn in Brazil’s courts escalated on Thursday after the Japanese carmaker sued his sister alleging “unjust enrichment” and his lawyers alleged Nissan could have planted evidence. FILE PHOTO: The building in which an apartment contained cash, art works… Continue reading UPDATE 2-Lawyers of ex-Nissan boss: Carmaker could have planted evidence

UPDATE 1-Renault finds no irregularities in Ghosn pay audit

(Adds detail, background) By Laurence Frost and Gilles Guillaume PARIS, Dec 13 (Reuters) – Renault said on Thursday an audit launched in the wake of Chairman and CEO Carlos Ghosn’s arrest in Japan had so far found no irregularities with his pay at the French carmaker. Renault’s statement, issued after a five-hour board meeting, did… Continue reading UPDATE 1-Renault finds no irregularities in Ghosn pay audit

ZF Electric driveline to premiere in Formula E

The world’s first racing series for all-electric Formula vehicles is growing steadily in popularity. Following in the footsteps of manufacturers like Audi, Jaguar and Mahindra, the fifth season will see BMW and Nissan joining the series with factory teams. Mercedes and Porsche are planning a factory-backed entry in season six. New rules this year will… Continue reading ZF Electric driveline to premiere in Formula E

Nissan to boost external board seats, set up compensation committee -source

Passersby are silhouetted as a huge street monitor broadcasts news reporting ousted Nissan Motor chairman Carlos Ghosn’s indictment and re-arrest in Tokyo, Japan December 10, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Nissan Motor Co Ltd (7201.T) plans to boost the number of external board members and set up a committee to oversee compensation as part… Continue reading Nissan to boost external board seats, set up compensation committee -source

Nissan celebrates the 35th anniversary of the ‘Spanish’ Patrol, of which 196,000 units were manufactured

Posted 12/12/2018 11: 44: 21CET MADRID, 12 Dec. (EUROPA PRESS) – Nissan started the production of Patrol in its factory in the Zona Franca de Barcelona in 1983, being the first ‘Spanish’ all-terrain vehicle and one of the first in Europe to use adhesive markings on its bodywork. According to the Japanese firm in a… Continue reading Nissan celebrates the 35th anniversary of the ‘Spanish’ Patrol, of which 196,000 units were manufactured