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

7 hours ago DieselGasoil Comments Off on 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 Read More

European power firms aim to harness electric car batteries

8 hours ago DieselGasoil Comments Off on 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 Read More

Nissan's Ghosn offers to wear electronic ankle tag for bail

9 hours ago DieselGasoil Comments Off on Nissan's Ghosn offers to wear electronic ankle tag for bail
TOKYO (Reuters) – Ousted Nissan Motor Co Chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention in Japan for alleged financial crimes. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Read More

Detained ex-Nissan chairman Ghosn offers stock, passports for bail

14 hours ago DieselGasoil Comments Off on Detained ex-Nissan chairman Ghosn offers stock, passports for bail
(Reuters) – Ousted Nissan Motor Co (7201.T) chairman Carlos Ghosn has offered to post stock he owns in the automaker as collateral, surrender his passports and submit to electronic tracking as part of a renewed effort to persuade a Tokyo court to grant him bail while he awaits trial on charges of financial misconduct, a Read More

Detained ex-Nissan exec Ghosn promises not to flee Japan if freed

18 hours ago DieselGasoil Comments Off on Detained ex-Nissan exec Ghosn promises not to flee Japan if freed
(Reuters) – Ousted Nissan Motor Co (7201.T) Chairman Carlos Ghosn on Sunday promised to remain in Japan and follow restrictions in exchange for his release from jail in the latest effort to persuade a court to grant him bail while he awaits trial on charges of financial misconduct. FILE PHOTO: Carlos Ghosn, chairman and CEO Read More

Detained ex-Nissan exec Ghosn says he will stay in Japan if freed

19 hours ago DieselGasoil Comments Off on Detained ex-Nissan exec Ghosn says he will stay in Japan if freed
FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018. REUTERS/Regis Duvignau/File Photo (Reuters) – Ousted Nissan Motor Co (7201.T) Chairman Carlos Ghosn said on Sunday he will remain in Japan Read More

Ghosn may have had questionable ethics, co-chair of external Nissan probe says

23 hours ago DieselGasoil Comments Off on Ghosn may have had questionable ethics, co-chair of external Nissan probe says
TOKYO (Reuters) – The co-chair of a committee set up by Japanese automaker Nissan Motor Co (7201.T) to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn said he believed Ghosn may have had questionable ethical standards. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front Read More

Nissan special committee says carmaker suffered from poor governance

1 day ago DieselGasoil Comments Off on Nissan special committee says carmaker suffered from poor governance
FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of a common dealership of the companies in Saint-Avold, France, January 15, 2019. REUTERS/Christian Hartmann/File Photo TOKYO (Reuters) – A special committee set up by Nissan Motor Co (7201.T) to examine the root cause of alleged financial misconduct by ousted chairman Read More

Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei

2 days ago DieselGasoil Comments Off on Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei
The logos of car manufacturers Renault and Nissan are seen in front of a common dealership of the companies in Saint-Avold, France, January 15, 2019. REUTERS/Christian Hartmann TOKYO (Reuters) – A French government delegation has informed Tokyo that it would seek an integration of Renault (RENA.PA) and Nissan (7201.T), most likely under the umbrella of Read More

Ghosn hit with new allegations of improper payments

3 days ago DieselGasoil Comments Off on Ghosn hit with new allegations of 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 Read More