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Renault, Nissan, Mitsubishi CEOs to share top job at Alliance

The chiefs of the Renault, Nissan and Mitsubishi have agreed to share the role of CEO of the Alliance. Hiroto Saikawa, CEO of Nissan, told Bloomberg and other news outlets after a meeting of the Alliance's board in Amsterdam: “We were able to confirm that the three of us would take the lead, which was excellent"...

Nissan removes Carlos Ghosn as chairman

Nissan has confirmed Carlos Ghosn has been removed by the board as company chairman. Ghosn and his co-accused, Greg Kelly, have also been removed as representative directors. We understand, however, both men remain on the company's board as directors, as they can only be forcibly removed at a shareholder meeting...

Ghosn was planning Renault Nissan merger before arrest - report

Prior to his sensational arrest earlier this week, Carlos Ghosn was reportedly working on a merger between Renault and Nissan. Sources close to Nissan's board have told the Financial Times Ghosn was attempting to engineer a merger in order to make the partnership between the two companies "irreversible"...

Nissan money secretly used to buy houses for former CEO - report

Reports from Japan indicate Carlos Ghosn, current chairman of Nissan and its former CEO, was arrested on-board his private jet. Sources have told NHK funds from Nissan and its affiliates were used to purchase and renovate luxury homes for Ghosn's personal use in Paris, Amsterdam, Rio de Janeiro, and Beirut...

Nissan CEO denies 'coup d'etat' against Ghosn, talks about his 'negative impact'

During an extraordinary hour-and-a-half long press conference, Hiroto Saikawa, CEO of Nissan, talked candidly as he could about the events leading to Carlos Ghosn's arrest, and his influence on the company. In a spartan room, notable for the complete lack of Nissan branding, Saikawa read from notes for over 20 minutes, repeatedly stating the danger of concentrating too much power in one individual and referencing Ghosn's "long regime"...

Carlos Ghosn arrested, guilty of 'serious misconduct', Nissan says - UPDATED

UPDATE, 3am Tuesday November 20, 2018: Hiroto Saikawa, CEO of Nissan, has held a press conference in Tokyo giving out some details about arrest of and the allegations of wrongdoing against Carlos Ghosn. According to Automotive News, Saikawa confirmed Carlos Ghosn, chairman of Nissan and CEO of Renault, as well as Greg Kelly, a Nissan board member, have been taken into custody by Japanese authorities...

Mitsubishi to lead Alliance dual-cab development? Not so fast, says Nissan

Mitsubishi recently claimed – somewhat boldly – it would lead dual-cab development for the next generation of vehicles under its alliance. According to a senior figure inside the Nissan camp, that leadership role mightn't be as clear cut...

CarAdvice podcast 129: LIVE from V-Spec Performance, with pristine Japanese sports cars!

This week Mandy Turner, Paul Maric, and Mike Costello are live from V-Spec Performance, surrounded by pristine Japanese sports cars. In car news, the 2020 Hyundai Palisade has been leaked, Mitsubishi will be taking a lead role in developing a ute platform for the Renault-Nissan-Mitsubishi Alliance...

Mitsubishi expected to lead Alliance's pickup development

It looks like Mitsubishi Motors (MMC) will take a lead role in developing the pickup/ute platform used across the Renault-Nissan-Mitsubishi Alliance on the next-generation Triton (L200), Navara and Alaskan. We already know this ute trio will share a common architecture in (potentially) different states of tune, wearing different designs and with different cabins, but we now know MMC expects to be the Alliance member chosen to run the project...

2020 Mitsubishi Outlander PHEV: 100km electric range the target

The second-generation Mitsubishi Outlander PHEV, due around 2020/21, will have a significantly longer zero-emissions electric range than the current model, sufficient to make it an electric vehicle ‘95 per cent of the time’ for the average commuter...

Mitsubishi Pajero development on pause

Mitsubishi has no Pajero in development yet, and the current version doesn’t have long to live before safety and emissions regulations in a growing number of countries spell the end of the current model’s 20-year run. The global market for big, tough and affordable 4x4s like this is actually battling as people opt for softer crossovers, and the cost of making one that meets all the legal requirements are steeper than ever...