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Mitsubishi Motors

Mitsubishi Motors Corporation on Friday said Osamu Masuko will step down as its chief executive on June 21 and be replaced by Takao Kato, who is president of its operations in Indonesia.

Osamu Masuko to step down as Mitsubishi chief

Mitsubishi Motors Corporation on Friday said Osamu Masuko will step down as its chief executive on June 21 and be replaced by Takao Kato, who is president of its operations in Indonesia.
Japanese authorities have hit former Nissan boss Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth formal indictment against the car sector tycoon.

Former Nissan chief Carlos Ghosn hit with fresh corruption charge

Japanese authorities have hit former Nissan boss Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth formal indictment against the car sector tycoon.
This screen grab from handout video released on April 9, 2019 by representatives of former Nissan chief Carlos Ghosn shows Ghosn preparing to speak at the beginning of a video message recorded on April 3 before his rearrest earlier this month in Tokyo. – Japanese prosecutors rearrested Ghosn on April 4, who was out on bail, over an additional allegation that he transferred Nissan money to a dealership in Oman but siphoned off millions for personal expenses — including the purchase of a luxury yacht. (Photo by Handout / Representatives for Carlos Ghosn / AFP) /.

Carlos Ghosn accuses Nissan executives of ‘backstabbing’ plot

Carlos Ghosn has accused “backstabbing” Nissan executives of a “conspiracy” to have him arrested over fears he planned to merge the Japanese firm with France’s Renault, in a video released Tuesday.
(L to R) Renault CEO Thierry Bollore, Renault chairman Jean-Dominique Senard, Nissan Motors president and CEO Hiroto Saikawa and Mitsubishi Motors chairman and CEO Osamu Masuko join hands at the end of a joint press conference at the Nissan headquarters in Yokohama, Kanagawa prefecture on March 12, 2019. (Photo by Behrouz MEHRI / AFP)

Renault, Nissan, Mitsubishi unveil new joint board post-Carlos Ghosn

Carmakers Renault, Nissan and Mitsubishi Motors unveiled the creation of a joint board Tuesday, seeking a “new start” for their alliance after the arrest of former boss Carlos Ghosn.
Former Nissan chairman Carlos Ghosn (C) is surrounded by the media as he goes out in Tokyo on March 9, 2019. – A decision to grant bail to Carlos Ghosn could risk “destruction of evidence” in the financial misconduct case against the former Nissan chief, a senior Tokyo prosecutor. (Photo by JIJI PRESS / JIJI PRESS / AFP) / Japan OUT

Court ‘bars Carlos Ghosn from attending’ Nissan board meeting

A Japanese court on Monday barred Carlos Ghosn from attending a Nissan board meeting, according to local media, as the bailed former chairman prepares his defence against charges of financial misconduct.
Ousted Nissan chief Carlos Ghosn, wearing a blue cap, is escorted out of the Tokyo Detention House following his release on bail in Tokyo on Wednesday. - AFP-JIJI

Carlos Ghosn leaves jail in workman’s disguise

The cameras had been massed outside a Tokyo detention centre for hours waiting for the shot, but when ex-Nissan chief Carlos Ghosn finally emerged, he was in disguise and almost unrecognisable.
Ousted Nissan chief Carlos Ghosn, wearing a blue cap, is escorted out of the Tokyo Detention House following his release on bail in Tokyo on Wednesday. - AFP-JIJI

Nissan ex-chief Carlos Ghosn out of Tokyo jail

Former Nissan chief Carlos Ghosn left his Tokyo detention centre on Wednesday after more than 100 days in custody, following a surprise court decision granting him bail of one billion yen ($9 million).
Carlos Ghosn

Ex-Nissan chief Carlos Ghosn wins bail in Japan

Former auto industry titan Carlos Ghosn moved a step closer to freedom Tuesday as a Tokyo court unexpectedly granted him bail after more than three months in a detention cell.
(FILES) In this file photo taken on September 12, 2018 French Renault group CEO and chairman of Japan’s Nissan Motor CO. Ltd and Mitsubishi Motors Corp, Carlos Ghosn poses during a photo session at the Renault headquarters in Boulogne-Billancourt. – Renault boss Carlos Ghosn has handed in his resignation, France’s economy minister said on January 24, 2019 ahead of a board meeting at which the French car maker is to appoint his successor. (Photo by JOEL SAGET / AFP)

Former NISSAN chief Carlos Ghosn granted surprise bail in Tokyo

Former auto industry titan Carlos Ghosn moved a step closer to freedom Tuesday as a Tokyo court unexpectedly granted him bail after more than three months in detention.
(FILES) In this file photo taken on May 11, 2012 the-president and CEO of Japanese auto giant Nissan, Carlos Ghosn, gestures as he answers questions during a press conference at their headquarters in Yokohama, suburban Tokyo. – Carlos Ghosn will learn his fate on January 21, 2019 as a Tokyo court rules on his bail request after he vowed to remain in Japan if released and offered to provide more collateral. The ousted Nissan boss has pleaded for bail after languishing in custody for 64 days as he fights charges of financial misconduct that he strenuously denies. (Photo by TORU YAMANAKA / AFP)

Renault profits plunge in first annual earnings since Carlos Ghosn arrest

Renault profits fell sharply last year, the French automaker said Thursday in its first annual results since the shock arrest of former boss Carlos Ghosn.
(FILES) In this file photo taken on September 12, 2018 French Renault group CEO and chairman of Japan’s Nissan Motor CO. Ltd and Mitsubishi Motors Corp, Carlos Ghosn poses during a photo session at the Renault headquarters in Boulogne-Billancourt. – Renault boss Carlos Ghosn has handed in his resignation, France’s economy minister said on January 24, 2019 ahead of a board meeting at which the French car maker is to appoint his successor. (Photo by JOEL SAGET / AFP)

Report: Carlos Ghosn says arrest was result of ‘plot and treason’

Detained auto tycoon Carlos Ghosn believes his arrest and the charges against him are the result of a “plot and treason” at his former employer Nissan, he told the Nikkei newspaper Wednesday.
Carlos Ghosn

Japan court rejects ex-Nissan chief Carlos Ghosn’s bail appeal

Former Nissan boss Carlos Ghosn will stay behind bars in Japan for the foreseeable future after a Tokyo court quashed his appeal for bail as he faces charges on three counts of financial misconduct.
Carlos Ghosn

Former Nissan chief Carlos Ghosn set for court hearing in Japan over detention

Former Nissan Chairman Carlos Ghosn is likely to appear in a Japanese court next Tuesday to hear the reasons for his detention, after his lawyers deployed a little-used article of the Constitution.
Carlos Ghosn

Auto tycoon Carlos Ghosn may get bail after Japan’s detention extension fails

Former Nissan Motors Chairman and CEO Carlos Ghosn could soon be freed on bail after a Japanese court on Thursday threw out a bid by prosecutors to extend his detention, in a move nearly as unexpected as the auto tycoon’s sudden arrest.
(FILES) In this file photo taken on October 20, 2016 Nissan Motors chairman and CEO Carlos Ghosn answers a question during a joint press conference in Tokyo. - Executives at Japanese car firm Mitsubishi Motors on November 26, 2018 decided to sack Carlos Ghosn as chairman as the once-revered tycoon faces allegations of financial misconduct that sparked his shock arrest. (Photo by TOSHIFUMI KITAMURA / AFP)

Ex-Nissan chief Carlos Ghosn charged, may face new allegations

Japanese prosecutors formally charge former Nissan chairman Carlos Ghosn with financial misconduct for under-reporting his salary, three weeks after the auto tycoon’s arrest stunned the business world
(FILES) In this file photo taken on October 20, 2016 Nissan Motors chairman and CEO Carlos Ghosn answers a question during a joint press conference in Tokyo. - Executives at Japanese car firm Mitsubishi Motors on November 26, 2018 decided to sack Carlos Ghosn as chairman as the once-revered tycoon faces allegations of financial misconduct that sparked his shock arrest. (Photo by TOSHIFUMI KITAMURA / AFP)

Mitsubishi Motors sacks Carlos Ghosn as chairman

Mitsubishi Motors is sometimes the forgotten partner in the three-way alliance with Nissan and Renault that dominates the global auto industry, but the Japanese firm has a colourful -- and scandal-hit -- history.
Carlos Ghosn

Nissan board ousts detained Carlos Ghosn

Nissan Motor Co’s board voted unanimously to oust Chairman Carlos Ghosn on Thursday after the shock arrest of the industry heavyweight, ushering in a period of uncertainty for its 19-year alliance with Renault.
A woman walks in the showroom of the Nissan headquarters building in Yokohama on November 22, 2018. - Nissan board members looked set to oust disgraced tycoon Carlos Ghosn as chairman on November 22, after his spectacular arrest for financial misconduct sent shockwaves through the car industry and the business world.Ghosn. (Photo by Martin BUREAU / AFP)

Nissan board meets to oust disgraced tycoon Carlos Ghosn as chairman

Nissan board members appeared poised to oust disgraced tycoon Carlos Ghosn as chairman Thursday, after his spectacular arrest for financial misconduct stunned the car industry and the business world.

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