Tag Archives: Carlos Ghosn
The vestiges of Carlos Ghosn’s reign at Nissan continue to crumble. This week, it was reported that the former CEO’s revival of Datsun branded cars has ceased production after falling far short of sales expectations. The news comes hot on … Continue reading
It seemed like just yesterday that Nissan took a controlling stake in Mitsubishi Motors. Now, some insiders are saying that it’s looking to abandon the project like a crank-walked Eclipse. It’s no secret that Nissan is hemorrhaging cash, a one-two … Continue reading
Reports are circulating that Nissan will soon undergo a massive restructuring plan and on the chopping block is the Datsun, revived in 2013 as a low-cost brand in developing countries. It was one of former CEO Carlos Ghosn’s crowning achievements … Continue reading
The strange saga of former Nissan CEO Carlos Ghosn keeps getting weirder. The disgraced executive, accused of misusing Nissan’s funds, has unexpectedly shown up in Lebanon after allegedly skipping bail ahead of his upcoming trial. The image above, of Ghosn … Continue reading
After orchestrating a 34 percent buyout of Mitsubishi Motors by Nissan in 2016 and installing himself as chairman of both companies, Carlos Ghosn is now out of both. Mitsubishi Motors’ board voted today to remove Ghosn from his leadership position, … Continue reading
The Japanese royal family is about to choose a new car. That’s a big deal, since they haven’t had a fresh whip since about 2006, when Toyota delivered four specially modified Century limousines to the Imperial household. The new car … Continue reading
The biggest news to rock Japan’s auto industry in years is still unfolding, but more information trickles in by the hour. Here are today’s developments.
ゴーンを護送する東京地検の車両、日産車っぽい 最後は自社の車で護送されるとか pic.twitter.com/pUyASKC0qr — 紅の事務屋 (@HKT3012) November 19, 2018 Remember how the Tokyo District Prosecutors’ Office intercepted Carlos Ghosn’s private jet in a Toyota HiAce? According to JNC reader Richard Chen, they later sent a Nissan Serena to the Ghosn … Continue reading
Asahi Shimbun has obtained video of agents of the Tokyo District Public Prosecutors’ office intercepting Carlos Ghosn’s private jet as it lands at Haneda Airport. The footage shows several besuited agents arriving on the scene and boarding the aircraft. Once … Continue reading
Former Nissan CEO and current chairman of Mitsubishi Motors and Nissan Carlos Ghosn is facing arrest charges in Japan, according to the Asahi Shimbun newspaper. Details are sparse at the moment, but it is being reported that his is suspected … Continue reading
For sixteen years Carlos Ghosn was Nissan’s CEO, bringing the company back from the brink of bankruptcy with his brand of extreme budget-slashing. Today, Ghosn announced that he will resign his post effective April 1.
Do not adjust your set. This is a takeover. Nissan’s purchase of a controlling stake in Mitsubishi Motors is now official. Transaction complete. Nissan-Mitsubishi-Renault-Samsung-Dacia-Venucia-Lada Alliance is now one of the top three largest automotive groups in the world. Plants will be optimized, … Continue reading
Now that Nissan CEO Mr. Bean has revived the Datsun brand, it’s probably appropriate that he visit the Zama warehouse, where the company’s legendary collection of 400-plus classic and racing vehicles are stored.