TOKYO (AP) — Japanese securities regulators are recommending that automaker Nissan be fined 2. 4 billion yen ($22 million) for under-reporting compensation for its former chairman, Carlos Ghosn. The watchdog, the Securities and Exchange Surveillance Commission, said Tuesday it made...
TOKYO (AP) — The lawyers of former Nissan Chairman Carlos Ghosn, who is awaiting trial in Japan, said Thursday they have requested that financial misconduct charges against him be dismissed. They said in a statement that they filed papers in...
French carmaker Renault dismissed its CEO on Friday, an attempt to revitalize its alliance with Nissan, which was shaken by the jailing of the companies' previous chief, Carlos Ghosn. The board's decision to fire Thierry Bolloré effective immediately came days...
Nissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by U. S. regulators that they hid more than $140 million of Ghosn's retirement benefits from investors. The Securities and Exchange Commission announced...
YOKOHAMA, Japan (AP) — Nissan Chief Executive Hiroto Saikawa tendered his resignation Monday after acknowledging that he had received dubious income and vowed to pass the leadership of the Japanese automaker to a new generation. Board member Yasushi Kimura told...
Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming...
Renault Chairman Jean-Dominique Senard has expressed confidence that the French automaker's alliance with Nissan remains on track following the appointment of a new board at the Japanese firm in the wake of the scandal involving Carlos Ghosn, who chaired both...
