Tag: Renault SA

Carlos Ghosn Skipped Bail. This Man Was Left Behind.

Every weekday morning, Greg Kelly, the former Nissan executive accused of helping Carlos Ghosn hide his compensation from the Japanese authorities, makes his way to his lawyer’s office in Tokyo to chip away at a monumental task: reviewing close to one billion pages of documents. His wife, Donna Lynn Kelly, whom everyone calls Dee, goes […]

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Lebanon Orders Carlos Ghosn to Stay Put

BEIRUT, Lebanon — A day after commanding global attention with a news conference packed with reporters, Carlos Ghosn was ordered by the Lebanese attorney general to stay in the country as officials begin to consider how to treat the former executive charged with financial misconduct in Japan. Mr. Ghosn, a fugitive who skipped bail in […]

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Carlos Ghosn, Victim or Villain?

The latest episode in the long-running saga of Carlos Ghosn, his news conference in Beirut on Wednesday, was a fitting sequel to the drama of his arrest in Japan, his stints in jail and his made-for-TV flight concealed in a large trunk and accompanied by a former Green Beret. Longtime viewers will recall that in […]

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Carlos Ghosn: The C-Suite Fugitive Under Pressure

BEIRUT, Lebanon — Most global fugitives tend to lie low. They do not beckon reporters to televised news conferences or allow themselves to be photographed drinking wine by candlelight days after being smuggled in a box aboard a chartered jet to freedom. But Carlos Ghosn, the deposed auto executive, is no normal fugitive. Unapologetic and […]

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Japan to Tighten Baggage and Bail Rules After Carlos Ghosn’s Escape

TOKYO — The Japanese government said on Monday that it would tighten airport baggage inspections and the rules governing the release of criminal suspects on bail, as it continued to investigate how the former auto executive Carlos Ghosn eluded the authorities and flew to Lebanon last week. At a news conference, Masako Mori, Japan’s justice […]

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Turkey Questions Pilots About Carlos Ghosn’s Escape From Japan

Authorities in Turkey on Thursday were questioning seven people, including four pilots, about the role they may have played helping Carlos Ghosn make his daring escape from Tokyo to Beirut, offering new clues to his mysterious cross-country flight to freedom. Elsewhere, prosecutors raided Mr. Ghosn’s home in Tokyo, a Lebanese government minister said the public […]

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France Wouldn’t Extradite Carlos Ghosn if He Went There, Official Says

If the fugitive former automotive executive Carlos Ghosn went to France, the authorities there would not extradite him to Japan, a government minister said on Thursday, four days after Mr. Ghosn fled Japan to avoid trial on financial misconduct charges. Mr. Ghosn, the former chief executive of Nissan and Renault, made a stunning getaway on […]

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Carlos Ghosn’s Escape Astounds a Japan Struggling for Answers

TOKYO — Cameras on his doorstep. Police and reporters watching his every move. Still, one of Japan’s most famous faces gave them the slip. Carlos Ghosn’s audacious escape from Japan has left the country flabbergasted. Its leaders are responding to questions with official silence. Even his top Japanese lawyer said he was shocked and bewildered […]

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Renault and Nissan Try a New Way After Years When Carlos Ghosn Ruled

PARIS — Nearly a year after the arrest of Carlos Ghosn, Renault, Nissan and Mitsubishi are moving to reboot the world’s largest auto alliance by appointing a general secretary at the top of their partnership in a move it hopes will accelerate business. The structure, announced by the companies Friday, is a marked change from […]

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Nissan Profit Tumbles as It Struggles to Move Past Management Problems

YOKOHAMA, Japan — Nissan, the Japanese automaker lashed by slowing growth abroad and management scandals at home, reported on Tuesday the latest bad news in a very difficult year: Its profit has continued tumbling, and the situation is expected to get worse. The automaker said its net income fell 54.8 percent in the last quarter, […]

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Renault Fires Its C.E.O., as the Post-Ghosn Shake-Up Continues

Renault’s board on Friday fired its chief executive, Thierry Bolloré, just days after Nissan shook up its leadership, as the two automakers in a much-vaunted alliance struggled to regain their footing nearly a year after the ouster of their former chairman, Carlos Ghosn. The French automaker named its chief financial officer, Clotilde Delbos, as the […]

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New Nissan Pay Problems Point to Conflicts at the Top

TOKYO — An outside law firm investigating problems at Nissan, the troubled Japanese automaker, this summer discovered some potentially explosive information. Hari Nada, a powerful Nissan insider who was behind the ouster last year of Nissan’s chairman, Carlos Ghosn, over compensation issues, had been improperly overpaid himself, the firm found. A second insider involved in […]

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The Concept Cars Gleam, but Executive Dread Clouds the Frankfurt Auto Show

FRANKFURT — Car executives are paid to be optimists, but behind the pomp and salesmanship at the Frankfurt International Motor Show this week lurked an unmistakable sense of angst. The talk among industry insiders at the show, one of the auto industry’s biggest events, reflected the existential threats that carmakers face. The European and global […]

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Nissan Board Set to Meet as It Faces a Leadership Crisis

Nissan’s board of directors is set to meet on Monday as the company’s top executive, Hiroto Saikawa, faces a widening crisis of confidence in his leadership. The board is expected to hear the results of a 10-month investigation into the company that was prompted by the arrest last November of Carlos Ghosn, its former chairman, […]

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Carlos Ghosn Hasn’t Seen His Wife in Months. Japan’s Prosecutors Want It That Way.

TOKYO — There is a long list of things that Carlos Ghosn, the embattled former chief of the Nissan-Renault-Mitsubishi auto alliance, is not allowed to do as he awaits trial in Japan. He cannot leave Tokyo. He cannot use the internet outside his lawyer’s office. He cannot meet friends without informing the court. And he […]

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Renault and Nissan Need Each Other to Thrive in Future, 2 Leaders Say

A hoped-for merger between Fiat Chrysler and Renault is dead. Long live the Renault-Nissan-Mitsubishi Alliance — or else. That, in essence, was the message that emerged from interviews last week with Jean-Dominique Senard, the chairman of Renault, and Keiko Ihara, an independent Nissan board member, about the future of the troubled partnership between the automakers. […]

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Nissan Reappoints Saikawa to Board as Shareholders Hammer Renault

YOKOHAMA, Japan — Nissan’s embattled chief executive, Hiroto Saikawa, was re-elected to the company’s board on Tuesday, during an annual meeting in which shareholders vented their anger at the scandal-wracked company’s French partner, Renault. Mr. Saikawa apologized on Tuesday to shareholders gathered at a hotel in Yokohama, where Nissan is based, for the company’s financial […]

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Glare Falls on Nissan’s C.E.O. as Ghosn Fallout Spreads

Nissan’s chief executive, Hiroto Saikawa, is in the toughest fight of his corporate life. And it’s all Carlos Ghosn’s fault. At least that’s what Mr. Saikawa has said for seven months since Mr. Ghosn — the architect of the Nissan-Renault-Mitsubishi alliance — was detained by Japanese prosecutors and accused of financial wrongdoing. Mr. Saikawa, once […]

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Renault and Nissan Make Peace in a Deal to Tighten Oversight

Renault announced on Thursday it had settled a core dispute in its rocky relationship with Nissan ahead of a pivotal meeting of Nissan shareholders next week in Japan, in a deal that officials hope will allow both companies to focus on strengthening the world’s largest auto alliance. The companies had clashed over a Nissan plan, […]

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Nissan and Renault Lock Horns as Relationship Sours Further

TOKYO — The cracks in the world’s largest auto alliance grew wider on Monday, as Nissan Motor condemned threats by its French partner, Renault, to withdraw support for the Japanese automaker’s efforts to overhaul its governance. The message marks a new low in the relationship, and reflects the fallout of the collapse of a proposed […]

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