97 Articles
Ex-Nissan exec Greg Kelly's suspended sentence lets him go home

The trial at Tokyo District Court began in September 2020

Nissan returns to profit in quarter, forecasts profitable year

Nissan says it's regaining 'its shine' after post-Ghosn red ink

American father, son tell Tokyo court they regret helping Ghosn flee

'I've spent more than 400 days in jail and had a lot of time to reflect'

American father, son plead guilty to helping Ghosn flee Japan

Court papers detail their role in the escape

Ghosn's lawyers say he's 'happy' after days of French questioning

He wa asked about lavish spending, Versailles parties, but next steps are unclear

Dutch court orders Ghosn to repay Nissan-Mitsubishi $6 million in wages

Says Ghosn did not have a valid employment agreement

Ex-Nissan exec Greg Kelly denies helping Carlos Ghosn hide earnings

'I didn’t conspire with Mr. Ghosn or other people'

Japan charges 2 Americans with helping Carlos Ghosn escape

Could get 3 years in prison, had argued they'd face interrogation and torture

Ghosn hid part of Nissan salary, fearing he'd be forced out of Renault, exec testifies

While the COO says Nissan did it because he was getting job offers

U.N. human-rights experts fault Japan's arrest and detention of Carlos Ghosn

Government owes him 'compensation' and 'other reparations,' they say

A panel of human rights experts working with the United Nations said Monday that former Renault-Nissan boss Carlos Ghosn was wrongly detained in Japan and has urged “compensation” and “other reparations” for him from the Japanese government. In an opinion published Monday, the Working Group on Arbitrary Detention found that Ghosn’s arrest in Japan in late 2018 and early 2019 was “arbitrary” and called on Japan’s government to “take the necessary steps to remedy the situation of Mr. Ghosn withou

Nissan sues Carlos Ghosn for $95 million in damages

It's more 'sinister intent' from Nissan, he says

Ousted Nissan Motor Co chairman Carlos Ghosn's legal woes deepened on Friday with the start of a civil trial in Yokohama, Japan, where his former employer is seeking $95 million (72.2 million pounds) in damages. "The legal actions initiated today form part of Nissan's policy of holding Ghosn accountable for the harm and financial losses incurred by the company due to (his) misconduct," Nissan said in a statement. Ghosn, who also ran French carmaker Renault SA , has been in Le

Carlos Ghosn launches initiative to help his native Lebanon

Plans to create jobs: 'I am ready with all my powers to help these young people'

Former Nissan Motor Co. Chairman Carlos Ghosn made a new public appearance in Lebanon Tuesday during which he launched an initiative with a local university to help the country that is undergoing a severe economic and financial crisis. It is Ghosn’s second appearance in public since he was smuggled from Japan in late December to his ancestral Lebanon. Ghosn declined to elaborate about the details of his arrival in Lebanon, saying it happened in “dramatic circumstances” and also refused to answ

Japan begins trial of Nissan ex-executive Greg Kelly over Carlos Ghosn's pay

'I deny the allegations. I was not involved in a criminal conspiracy'

The financial misconduct trial of former Nissan executive Greg Kelly began Tuesday with Kelly saying he committed no crimes and was only trying to keep his star boss Carlos Ghosn from leaving. The charges being heard at Tokyo District Court center around Kelly’s alleged role in failing to report to Japanese authorities the future compensation of Ghosn, who led Nissan Motor Co. for two decades. Japanese prosecutors outlined allegations of what they said was a complex and clandestine scheme to p

What to expect from the Japanese trial of Nissan and Greg Kelly

Kelly faces up to a decade in prison

The criminal trial against Japanese automaker Nissan and its former executive Greg Kelly will open in Tokyo District Court on Tuesday. It’s the latest chapter in the unfolding scandal of Carlos Ghosn, a superstar at Nissan Motor Co. until he and Kelly were arrested in late 2018. Kelly says he is innocent.

Judge OKs extradition to Japan for men accused of aiding Carlos Ghosn's escape

But it's now up to the U.S. State Department whether to turn them over

Two American men accused of smuggling Nissan Motor Co. Chairman Carlos Ghosn out of Japan while he was awaiting trial on financial misconduct charges can be extradited, a federal judge ruled Friday. U.S. Magistrate Judge Donald Cabell issued a ruling approving the extradition of Michael Taylor, a U.S. Army Special Forces veteran, and his son Peter Taylor, but the final decision rests with the State Department. The Taylors are wanted by Japan so they can be tried on charges that they helped Gho

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How a powerful Nissan insider brought down Carlos Ghosn

Hari Nada created chaos that haunts the carmaker to this day, Bloomberg reports

Judge denies bail for men accused of sneaking Carlos Ghosn out of Japan

They argued that their health was at risk in jail due to the coronavirus

Two American men wanted by Japan on charges that they helped sneak former Nissan Motor Co. Chairman Carlos Ghosn out of the country in a box have again been denied release from a U.S. jail. U.S. District Judge Indira Talwani on Friday rejected a bid to free Michael Taylor, a 59-year-old U.S. Army Special Forces veteran, and his 27-year-old son, Peter Taylor, on bail while they fight their extradition to Japan. Talwani said a magistrate judge properly found the two men to be a risk of flight.

Mitsubishi Motors Chairman Masuko resigns due to health reasons

He forged the ties between Mitsu and Nissan

Mitsubishi Motors Corp said on Friday Osamu Masuko resigned as chairman due to health reasons and has handed over the role to CEO Takao Kato on a temporary basis. A veteran of the Mitsubishi conglomerate, Masuko joined the automaker in 2004, and became president in 2007. The 71-year-old would stay on at Mitsubishi as a special adviser, the company said in a statement.

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