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...
DETROIT (AP) — Nissan is recalling over 450,000 vehicles worldwide because a brake fluid leak could cause them to catch fire. Because of the fire risk, the company is urging owners to park the vehicles outdoors and away from structures...
Nissan North America, Inc. is issuing a massive recall on pretty much every 2018-2019 model due to a faulty image on the back-up camera. Specifically, the recall involves certain 2018-2019 Nissan Altima, Armada, Frontier, Kicks, Leaf, Maxima, Murano, NV, NV200,...
Volkswagen has hired an executive who once ran Cadillac and Infiniti to help oversee its North American operations. The German carmaker said Thursday that Johan de Nysschen will become chief operating officer of Volkswagen's North American region. Scott Keogh, CEO...
Scandal-battered Nissan won its shareholders' approval Tuesday for a new system of committees to oversee governance and for keeping Chief Executive Hiroto Saikawa on its board. The Japanese automaker's profits and dividends have tumbled amid a high-profile scandal involving its...
Nissan's former Chairman Carlos Ghosn maintained his innocence in a video released by his legal team Tuesday and accused some executives at the Japanese automaker of a "conspiracy" that led to his arrest on financial misconduct allegations. "The first message...
Nissan's shareholders ousted the automaker's former chairman Carlos Ghosn from its board on Monday, seeking to shut the door on an era capped by scandal. More than 4,000 people gathered at a Tokyo hotel for a three-hour extraordinary shareholders' meeting...
A Japanese court has rejected a request by former Nissan chairman Carlos Ghosn, released on bail last week, to attend the Japanese automaker's board meeting on Tuesday. Nissan dismissed Ghosn as chairman after his Nov. 19 arrest, but he remains...