Tag: People

Ghosn Investigation Leads Top Nissan Exec to Bolt

Nissan’s chief performance officer, José Muñoz, has resigned from the company amid an broadened investigation into former chairman Carlos Ghosn’s alleged financial misconduct. Muñoz, 54, who also headed up Nissan’s Chinese business, previous had his hand on the tiller of the company’s North American operations. Muñoz’s sudden departure, which comes just days after the exec […]

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Infiniti Prez Krueger Takes a Walk, Christian Meunier Steps In

Nissan’s Infiniti division has a new president. Announced Tuesday, Infiniti marketing and sales boss Christian Meunier will take the helm of the automaker’s luxury arm, replacing a departing Roland Krueger, who led the brand since 2015. The change at the top is effective immediately, as Kruger apparently left in quite a hurry “to pursue new opportunities,” Nissan […]

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Ghosn Professes Innocence in Court Hearing

Ghosn, with the help of his team of lawyers, earned the right to speak in a packed Tokyo courtroom on Tuesday, and he used his time efficiently. Described as looking gaunt, the jailed Renault CEO and ex-Nissan chairman claimed he was “wrongly accused” at the Tokyo district court hearing, adding that there’s nothing improper about […]

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Like Father, Like Son: GM’s Mark Reuss Named Company President

Mark Reuss, General Motors’ global product boss and fan of the Chevrolet Camaro and Corvette (especially the ZR1), was named GM president on Thursday morning, replacing Dan Ammann in that vacated role. Ammann left the president’s chair in November to head up GM’s Cruise self-driving car unit, leading GM to discuss scrapping the role of […]

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Jim Perkins, Who Saved the Corvette From a Moribund GM, Dies

Much has been written about Jim Perkins, the Texas boy with a keen love of Chevrolet whose relentless ambition finally placed him in GM’s sphere of influence. It’s thanks to Perkins that Chevrolet’s Corvette is still General Motors’ halo car, and not some long-departed nameplate culled during the height of badge engineering. Perkins’ quintessentially American […]

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Carlos Ghosn Re-arrested Following New Allegation

Just yesterday, it looked as if Renault CEO and former Nissan chairman Carlos Ghosn might make it out of jail by the weekend. Japanese prosecutors had another idea, however. The industry titan was re-arrested Friday morning on suspicion of aggravated breach of trust, pushing the possibility of bail and a hotel Christmas further from the […]

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With Ghosn’s Release Seemingly Imminent, Nissan Tries to Keep Him From Going Home

Detained in a Tokyo jail since his Nov. 19 arrest, Renault CEO and former Nissan chairman Carlos Ghosn could soon find himself out on bail. A Tokyo district court has rejected an appeal aimed at keeping Ghosn in detention, meaning Christmas might be brighter for the auto industry titan than previously thought. Meanwhile, Nissan’s scrambling […]

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From M to N to R&D Boss: Albert Biermann’s Promotion Has Hyundai Fans Daydreaming

What new products will Albert Biermann spearhead? That’s what Hyundai watchers wonder as they read that the former BMW M performance head — and later boss of Hyundai’s fledgling N division — has in store for the Korean automaker. Late last week, Hyundai announced that Biermann would become the first foreign-born executive in charge of […]

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FCA’s Manley Taps Amazon Exec as COO for North America

Fiat Chrysler CEO Mike Manley, thrust unexpectedly into the leader’s chair following Sergio Marchionne’s death in early July, has called on a former Amazon executive to serve as chief operating officer. The automaker announced Thursday that Mark Stewart, 51, ex Vice President of Operations for the online commerce giant, will take on the role of […]

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‘There Isn’t Anything to Build’: GM Canada Prez Opens Up About Oshawa Assembly Closure

Despite ongoing turmoil in the country’s oilpatch, with the government of Alberta paying to have white Dodge Durango R/T SUVs project a constantly updating tally of money lost due to discounted Canadian oil prices onto the sides of downtown Ottawa buildings, the big economic story north of the border remains General Motors. After squashing rumors […]

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Dropped From Mitsubishi and Nissan, Ghosn Faces New Allegations

Mitsubishi Motors, which joined the Renault-Nissan Alliance in 2016, voted unanimously to drop Carlos Ghosn as its chairman Monday, just a week after the executive’s arrest on suspicion of financial misdealings. According to CEO Osamu Masuko, who now dons the title of interim chairman, it was an “agonizing decision.” For Ghosn, the agony has just begun. […]

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Sad News: Oprah’s Mother, Vernita Lee, Died on Thanksgiving Day

Oprah Winfrey speaks onstage during the 2016 ESSENCE Black Women In Hollywood awards luncheon on February 25, 2016 in Beverly Hills, California.Photo: Rich Polk (Getty Images for ESSENCE) Sad news for Oprah Winfrey and half-sister Patricia Amanda Faye Lee, as People confirms that their mother, Vernita Lee, died at her home in Milwaukee, Wisconsin, at […]

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Board Meets, and Ghosn’s (Almost) Gone From Nissan

As expected, Nissan chairman Carlos Ghosn ended the week with fewer titles than when he started. The automaker’s board of directors voted to remove the executive, instrumental in creating the Renault-Nissan-Mitsubishi Alliance powerhouse, on Thursday, just three days after his arrest on suspicion of under-reported income and misuse of company assets. The move came as […]

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With Charges Still Not Laid, Ghosn to Be Treated ‘As a Burglar’

Disgraced industry phenom Carlos Ghosn, who still holds the title of Nissan chairman and Renault CEO (though likely not for long), could remain in custody for some time as Japanese authorities take their time in laying charges. The news of Ghosn’s arrest amid allegations of severely underreported income fell like a hammer Monday morning, shaking […]

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What Did Nissan Accomplish During Carlos Ghosn’s Tenure?

We’re weeks, probably months, perhaps years or even decades from learning what went down in Nissan’s Yokohama executive suite over the last few days, weeks, and months. Nissan’s departed boss, Carlos Ghosn, who has not yet been forced out at Renault – a fact that’s certainly subject to change at any given moment – faces […]

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Renault-Nissan Boss Carlos Ghosn to Be Sacked; Industry Titan Faces Arrest in Japan

Carlos Ghosn, the globe-straddling executive behind the Renault-Nissan Alliance and the resurrection of Mitsubishi Motors, has reportedly been arrested in Japan following a whistleblower-prompted investigation into financial irregularities. In a statement, Nissan said Ghosn and board director Greg Kelly allegedly violated Japanese financial laws by under-reporting compensation levels for years, all part of an apparent […]

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