• Carlos Ghosn February 14, 2021 2:15 am

    High Court Denies Accused Ghosn Smugglers' Bid to Stay in US

    The U.S. Supreme Court has cleared the way for the extradition of an American father and son wanted by Japan in the escape of former Nissan Motor Co. boss Carlos Ghosn

  • China July 25, 2019 11:12 am

    Nissan to Slash 12,500 Jobs to Cut Costs, Achieve Turnaround

    Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. Nissan Motor Co. also said it will cut global production capacity by 10% and reduce model lineups by at least 10% by the end of fiscal 2022. Nissan Chief Executive Hiroto Saikawa said...

  • United States January 8, 2019 12:36 pm

    Nissan's Ex-Chair Ghosn Appears In Court, Asserts Innocence

    The former chairman of Japan’s Nissan Motor Co., Carlos Ghosn, denied any wrongdoing and proclaimed his loyalty to the company at a court hearing in Tokyo on Tuesday. It was Ghosn’s first public appearance since he was arrested on Nov. 19 and charged with false financial reporting. “Your honor, I am innocent of the accusations against me,” Ghosn told the...

  • Attorney December 24, 2018 4:55 am

    Ghosn's Arrest Brings Attention to Japan's ‘Hostage Justice'

    Since his arrest on suspicion of falsifying financial reports, Nissan’s former Chairman Carlos Ghosn has been sitting in a humble cell for more than a month, interrogated day in and day out, without a lawyer present. His case is drawing attention to the criminal justice system in Japan, where there is no presumption of innocence and the accused can be...

  • Chairman November 22, 2018 7:54 pm

    Nissan board Fires Ghosn as Chairman Following Arrest

    Nissan Motor Co. fired Carlos Ghosn as chairman Thursday, curtailing the powerful executive’s nearly two-decade-long reign at the Japanese automaker after his arrest for alleged financial improprieties. In an hours-long meeting, the company’s board of directors voted unanimously to dismiss Ghosn as chairman and as a representative director, Nissan said in a statement. It said its own internal investigation, prompted...

  • CEO November 19, 2018 1:05 pm

    Nissan Chairman to Be Dismissed After Reported Arrest

    Nissan Motor Co. said Monday that it will dismiss its chairman, Brazilian-born Carlos Ghosn after finding that he under-reported his income “over many years,” among other allegations of misconduct. The Yokohama-based company said the violations were discovered during an investigation over several months that was instigated by a whistleblower. Ghosn, 64, also allegedly engaged in personal use of company assets,...

  • Donald Trump August 5, 2017 6:03 am

    Nissan Workers Reject United Auto Workers in Mississippi

    Workers at a Nissan assembly plant in Mississippi voted against forming a union late Friday, adding to decades of futility by United Auto Workers organizers at foreign-owned auto plants in the American South. Employees rejected the union with a vote of 2,244 to 1,307. UAW President Dennis Williams called the results a setback for working Americans everywhere, “but in no...

  • Donald Trump August 4, 2017 2:03 pm

    Toyota, Mazda to Build $1.6B US Plant, Create Up to 4K Jobs

    Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. plan to spend $1.6 billion to build a joint-venture auto manufacturing plant in the U.S. — a move that will create up to 4,000 jobs, both sides said Friday. The plant will have an annual production capacity of about 300,000 vehicles, and will produce Toyota Corollas for the North American market....

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