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Carlos Ghosn scandal: New book lifts the lid on the entire ordeal
News
7th Jun 2021
2 min read

Carlos Ghosn scandal: New book lifts the lid on the entire ordeal

The Carlos Ghosn scandal – the story about the auto executive jailed for 130 days before fleeing Japan hidden in a box on a private jet – has the hallmarks of a Hollywood blockbuster, except every word is true.
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Joshua Dowling
Nissan raises $US7.8 billion to offset company turmoil – report
News
7th Jul 2020
2 min read

Nissan raises $US7.8 billion to offset company turmoil – report

Nissan has reportedly raised $US7.8 billion ($AU11.2 billion) in financing from its creditors, according to news agency Reuters. The Japanese car company secured the financing to help it endure difficulties caused by the coronavirus pandemic. Nissan was already experiencing hardship prior to the global pandemic occurring, however the situation appears to have amplified the automaker's troubles.
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Ben Zachariah
Nissan looks to exit Alliance Ventures fund with Renault and Mitsubishi
News
12th Mar 2020
1 min read

Nissan looks to exit Alliance Ventures fund with Renault and Mitsubishi

Japanese carmaker Nissan is looking to leave a venture fund created with alliance partners Renault and Mitsubishi, as reported by Reuters. The ‘Alliance Ventures’ fund was created by ex-Nissan CEO Carlos Ghosn for the Renault-Nissan-Mitsubishi Alliance to invest in various startup firms working on technologies relevant to the manufacturers.
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Liam Murphy
Car News Daily: Your daily download
News
24th Sep 2019
1 min read

Car News Daily: Your daily download

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Mandy Turner
News
24th Sep 2019
1 min read

Car News Daily: Your daily download

Mercedes-AMG GT 2019, Jaguar F-TYPE 2019, Kia Picanto 2019, ŠKODA Karoq 2019 1.5 110tsi
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Mandy Turner
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
Carlos Ghosn removed as Nissan director
News
8th Apr 2019
1 min read

Carlos Ghosn removed as Nissan director

Both Carlos Ghosn, former Nissan chairman and CEO, and Greg Kelly have been removed from the company's board of directors after a shareholder vote. Ghosn and Kelly were arrested in mid-November 2018 not long after they touched down in Japan for business meetings. Ghosn has been charged for under-reporting his pay, and misusing company funds and expense accounts.
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Derek Fung