Fri, 22 Nov 2024 19:40:47 GMT (1732304447688)
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5 years ago
Japanese regulators recommend $22 million fine on NissanTOKYO (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...
5 years ago
Nissan ex-chairman Ghosn's lawyers want charges dismissedTOKYO (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...
5 years ago
Renault ousts CEO to 'breathe new life' into Nissan allianceFrench 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...
5 years ago
Nissan paying $15M, Ghosn $1M to settle US fraud chargesNissan 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...
5 years ago
Nissan board says chief has resigned, successor to be namedYOKOHAMA, 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...
5 years ago
Toyota profits up, Honda's down, both lower annual forecastsToyota 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...
5 years ago
Renault chief confident partnership with Nissan on trackRenault 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...
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