Carlos Ghosn

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Defiant Auto Exec Makes His Case in Court

Carlos Ghosn: 'I have been wrongly accused'

(Newser) - Just a few months ago, Carlos Ghosn was one of the most powerful executives in the auto industry. On Tuesday, however, he appeared in a Tokyo courtroom wearing plastic prison slippers and a rope around his waist instead of a belt, reports the BBC . Ghosn, the 64-year-old former Nissan chairman,...

More Bad News for Nissan's Already Jailed Ex-Chief

Carlos Ghosn hit with fresh allegations of 'breach of trust' regarding financial investment that tanked

(Newser) - Things just went from bad to worse for the ex-head of Nissan. Already facing charges that he'd underreported his income while heading up the car company, Carlos Ghosn was arrested again Friday, while in jail in Tokyo, amid fresh allegations of a possible "breach of trust" regarding a...

Nissan: 'Deepest Regret' as It's Charged in Ex-CEO's Scam

Carlos Ghosn, the former chair, and exec Greg Kelly have been charged, as has company itself

(Newser) - Tokyo prosecutors have charged Nissan's former chairman Carlos Ghosn, another executive, and the automaker itself for allegedly underreporting income. The charges imposed Monday involve allegations Ghosn's pay was underreported by about $44 million between 2011 and 2015, per the AP . The prosecutors said earlier that the allegations were...

Nissan's Arrested Chairman Gets the Boot

Full shareholder vote needed to make ouster of Carlos Ghosn official

(Newser) - Nissan has followed up on its promise to remove Chairman Carlos Ghosn. The auto company's board voted Thursday to oust its arrested leader, accused of underreporting his income by more than $44 million , and senior executive Greg Kelly, who was allegedly involved in the scheme, per the BBC . The...

More Bad News for Arrested Auto Boss

Mitsubishi to ask board to remove disgraced Nissan exec Carlos Ghosn

(Newser) - About to be ejected as chairman of Nissan Motors, Carlos Ghosn's future at Mitsubishi and Renault is now very much in doubt. A day after Ghosn was arrested on suspicion of understating his Nissan income by more than $44 million , Mitsubishi said it would ask its board to "...

'One of World's Most Powerful Auto Bosses' Is Arrested

Nissan chair Carlos Ghosn to be removed over 'significant misconduct'

(Newser) - Nissan Motor Co. says it will move to oust chairman Carlos Ghosn after a months-long investigation uncovered "significant misconduct" including the under-reporting of his income by millions, reports the AP . The Japanese automaker says the probe was spurred by a whistleblower, and that the situation also allegedly involves Representative...

Renault's Big Espionage Case Looks Like a Bust

No proof surfaces of industrial spying

(Newser) - Renault's bombshell allegation in January that three of its own executives were selling electric car secrets, maybe to the Chinese, is looking like a dud, the Wall Street Journal reports. Two months into the investigation (which the newspaper says is reminiscent of the work of the "Keystone Kops"),...

Chrysler Flirts With Nissan- Renault as GM Seeks Credit

Alliance would keep Detroit automaker intact, but expose Cerberus to more risk

(Newser) - Chrysler is considering joining Nissan-Renault, adding a North American arm to the Japanese-French auto alliance that could rescue Chrysler’s operations, the Wall Street Journal reports. Cerberus, Chrysler’s majority owner, prefers a merger with General Motors, but overlap with a Detroit competitor would likely eliminate half of Chrysler’s...

Stories 21 - 28 | << Prev