Legal

Ghosn Aide Kelly Freed on Bond

December 25, 2018 at 9:04 PM

Greg Kelly, the Nissan Motor Co. board member arrested with ex-Chairman Carlos Ghosn on Nov. 19, was released on bond on Christmas Day.

Report: Saudi Associate Gave Ghosn a $27 Million Credit Guarantee

December 24, 2018 at 1:09 PM

Former Nissan Motor Co. Chairman Carlos Ghosn reportedly received a 3 billion-yen ($27.2 million) loan guarantee from a Saudi acquaintance in 2009.

BMW Faces Criminal Probe in S. Korea Over Engine Fires

December 24, 2018 at 2:18 AM

South Korea’s transport ministry says it will ask prosecutors to open a criminal investigation in BMW AG handling of an engine defect blames for more than 40 engine fires this year.

Ghosn Re-Arrested in Japan

December 21, 2018 at 3:05 AM

Prosecutors in Japan re-arrested former Nissan Motor Co. Chairman Carlos Ghosn earlier today, ending his hope of being released on bail this weekend.

UPDATE: Court Says “No” to More Jail Time for Ghosn

December 20, 2018 at 2:47 AM

A court in Tokyo ruled earlier today against extending the jail time for ex-Nissan Chairman Carlos Ghosn, who has been detained since Nov. 19.

IAV Pleads Guilty in U.S. to Helping VW Cheat on Diesel Emissions

December 18, 2018 at 3:07 PM

German engineering firm IAV Group has agreed to plead guilty and pay a $35 million fine for criminal conspiracy to help Volkswagen AG rig diesels to evade U.S. emission laws.

Ghosn Probe Zeros in on Special “CEO Reserve” Fund

December 14, 2018 at 4:09 PM

Nissan Motor Co. is looking at possible abuse of an internal fund set up to pay for personal expenses and residences used by ex-Chairman Carlos Ghosn and his family, sources tell Reuters.

Nissan Sues Ghosn’s Sister for “Unjust Enrichment”

December 13, 2018 at 4:02 PM

Nissan Motor Co. rhas sued former Chairman Carlos Ghosn’s older sister in a Rio de Janeiro court for “unjust enrichment,” Reuters reports.

EU Ordered to Restore Tougher Diesel Emission Rules

December 13, 2018 at 1:48 PM

A European high court has reversed a European Union decision two years ago that allowed new diesel vehicles to emit “excessively high” nitrogen oxides.

Nissan to Widen Ghosn Probe

December 12, 2018 at 10:52 AM

Nissan Motor Co. is preparing to widen its investigation into financial wrongdoing by former Chairman Carlos Ghosn to include the company’s alliance with Renault SA and its subsidiaries.

Report: Ghosn Kept List of Hidden Compensation

December 12, 2018 at 2:37 AM

Japanese prosecutors have found a list apparently created by former Nissan Motor Co. Chairman Carlos Ghosn that charts compensation the company didn’t report but he expected to receive, The Nikkei says.

Argentina Convicts Two Ex-Ford Officials in Torture Case

December 11, 2018 at 5:48 PM

A court in Buenos Aires found two former executives of Ford Motor Co.’s factory guilty of aiding in the torture and kidnapping of 24 plant employees four decades ago.