Nissan’s new Chief Executive Officer Makoto Uchida has recently claimed that he would accept being fired if he fails to turn around the automaker’s fate. Nissan has been struggling with declining sales in the aftermath of controversies surrounding Carlos Ghosn, it’s Ex-Chairman. Makoto took over the top executive job in December last year and has…
The former head of Nissan Motor Co. and Renault SA Carlos Ghosn who was about to face the first of two trials in Tokyo on charges of financial misconduct and raiding corporate resources for personal gain reportedly fled to Lebanon. Ghosn somehow evaded round-the-clock manned and video surveillance and heavy restrictions on his freedom of…
Japanese automaker Mitsubishi Motors, which is allied with Renault and Nissan, has fired Carlos Ghosn from his chairman position, a week after he was arrested over allegations that he under-reported his income by millions of dollars. Prosecutors allege Ghosn under-reported his income by $44 million over five years. As per Japanese law, a suspect can be…