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Carlos Ghosn escapes to Lebanon, reportedly hides in instrument box
News
1st Jan 2020
2 min read

Carlos Ghosn escapes to Lebanon, reportedly hides in instrument box

Carlos Ghosn, former CEO of Nissan who was in Japan awaiting trial on multiple charges for misusing corporate funds and hiding his pay, has dramatically fled the country for Lebanon.
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Derek Fung
Japanese government may have helped to kill Renault, Fiat Chrysler merger - report
News
24th Jun 2019
1 min read

Japanese government may have helped to kill Renault, Fiat Chrysler merger - report

Japanese worries about the proposed merger's effects on the 20-year old Renault and Nissan alliance may have scuppered the proposed US$35 billion ($51 billion) merger between Renault and Fiat Chrysler (FCA). Sources have told Bloomberg Japanese officials informed their French counterparts about fears the proposed Fiat Chrysler and Renault merger could harm Nissan.
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Derek Fung
Carlos Ghosn charged again, but given bail
News
29th Apr 2019
2 min read

Carlos Ghosn charged again, but given bail

Late last week Carlos Ghosn walked out of the Tokyo Detention Centre again after posting ¥500 million ($6.3 million) in bail. Unlike his first release from jail, when he donned a construction worker's outfit as disguise, Ghosn left jail this time in a plain white button-up shirt with a dark blue jacket. The court imposed a new condition on his freedom, requiring Ghosn to seek permission before he meets or communicates with his wife Carole.
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Derek Fung
Nissan CEO unaware of Renault's desire to pursue merger with Fiat Chrysler
News
29th Mar 2019
1 min read

Nissan CEO unaware of Renault's desire to pursue merger with Fiat Chrysler

Sources have told The Financial Times Renault is hoping to start merger talks with Nissan within 12 months, and then work on purchasing Fiat Chrysler Automobiles (FCA). According to wire reports (via Automotive News), when Saikawa was asked about whether he knew about Renault's reported plans, he replied, "not at all".
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Derek Fung