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...
Fiat Chrysler proposed on Monday to merge with France's Renault to create the world's third-biggest automaker, worth $40 billion, and combine forces in the race to make electric and autonomous vehicles. The merged company would reshape the global industry: it...
TOKYO (AP) — The detention of Nissan's former Chairman Carlos Ghosn was approved through April 22 on Friday, allowing prosecutors to interrogate him daily on fresh allegations of financial misconduct. In Paris, the new board of Nissan's alliance with Renault...
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...
Wearing a mask, cap and what looked like a construction worker's outfit, the former chairman of Nissan Motor Co. , Carlos Ghosn, left a Tokyo detention center Wednesday after posting 1 billion yen ($8. 9 million) bail. Although his face...
Toyota Motor Corp. sold 10. 59 million vehicles globally last year, fewer than the 10. 83 million delivered by German rival Volkswagen AG, the Japanese automaker said Wednesday. Separately, the Nissan-Renault-Mitsubishi alliance reported that its combined global sales stood at...
Nissan's former chairman Carlos Ghosn, in his first interview since his arrest in November, blamed fellow executives opposed to forging closer ties with the automaker's French alliance partner Renault for scheming against him, the Japanese newspaper Nikkei reported Wednesday. The...