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Report: Dutch Unit Paid Ghosn Secret €7 Million Bonus

January 14, 2019 at 2:25 AM

Former Nissan Motor Co. Chairman Carlos Ghosn reportedly received a suspicious €7 million bonus last year from a Nissan-Mitsubishi Motors venture in the Netherlands.

Report: Renault Exec Received Secret Pay Approved by Ghosn

January 11, 2019 at 4:41 PM

Renault SA’s general secretary reportedly received e €500,000 ($573,000) in extra pay that was approved by Renault-Nissan Chairman Carlos Ghosn but not reported to the French carmaker’s board.

Nissan’s Munoz Resigns

January 11, 2019 at 3:21 PM

Jose Munoz, Nissan Motor Co.’s chief performance officer, has resigned one week after the company announced he was taking a leave of absence.

Former ZF Exec Tapped to Head Chassix

January 11, 2019 at 1:27 PM

Chassix Inc., a Southfield, Mich.-based supplier of aluminum and cast iron  casting machined chassis, powertrain and sub-frame components, has appointed Andreas Weller as president and CEO, effective immediately.

Brosseau Named Head of Rochling N. America

January 11, 2019 at 11:30 AM

Germany’s Rochling Automotive Group has hired Michael Brosseau to head its North American operations.

Nissan Cancels Ghosn’s Apartments in Tokyo, Paris

January 11, 2019 at 2:50 AM

Nissan Motor Co. confirms it has canceled the lease on a luxury apartment used by ex-Chairman Carlos Ghosn.

Ghosn Indicted on Two More Charges in Japan

January 11, 2019 at 2:16 AM

Prosecutors in Japan have prolonged jail time for former Nissan Motor Co. Chairman Carlos Ghosn by filing two new charges against him.

Wheeler Nominated to Head EPA

January 11, 2019 at 1:00 AM

President Donald Trump has nominated Andrew Wheeler, who has been serving as acting head of the Environmental Protection Agency since July, as its permanent administrator.

Ghosn Catches a Fever in Jail

January 10, 2019 at 2:03 AM

Jailed former Nissan Motor Co. Chairman Carlos Ghosn has developed a high fever that has prompted prosecutors to temporarily stop questioning him.

FCA Taps Magna Steyr Exec as Purchasing Chief

January 09, 2019 at 2:15 AM

Carl Smiley, formerly president of Magna Steyr’s Asia operations, has been appointed to the newly created position of purchasing and supply chain chief for Fiat Chrysler Automobiles NV.

Ghosn Could Face Another 6 Months in Jail

January 08, 2019 at 6:54 PM

Carlos Ghosn, who has been held in a Tokyo jail since Nov. 19 for financial misdeeds as chairman of Nissan Motor Co., could spend another six months behind bars, according to his lawyer.

Ellison Confirms $1 Billion Stake in Tesla

January 08, 2019 at 6:02 PM

Oracle Corp. co-founder Larry Ellison, who was named to Tesla Inc.’s board at the end of December, formally confirmed today that he has accumulated a $1 billion stake in the electric-car company.