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The Latest Breaking News from Carlos Ghosn

Nissan warns of £4bn loss as costs rise and Trump tariffs loom

Japanese carmaker blames worsening outlook on “competitive environment and deteriorating sales’

The Guardian - UK

Nissan's new CEO says the Japanese automaker will move faster to achieve a turnaround

The chief-executive-to-be at money-losing Japanese automaker Nissan is determined to speed up the company's decision-making to come up with models that say Nissan _ and really sell

The Independent UK

Tesla Values Are Tanking Three Times Faster Than Any Other Brand

Elon Musk once argued in 2019 that Teslas were an "appreciating asset." Today, with the brand's stock and used car values in absolute freefall, some owners are offloading their cars as quickly as possible to get out before the brand hits rock bottom.

InsideEVs

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read the most diverse news in one place.

iPhone manufacturer Foxconn confirms it would seek to buy Renault’s stake in Nissan if up for grabs

With Renault’s alliance with Nissan on the rocks, Foxconn could scoop up its 15% interest as part of a plan by the Taiwanese contract manufacturer to expand into the EV market.

Fortune

Japanese court upholds conviction of American who helped fugitive former Nissan chief hide pay

A Japanese appeals court upheld the conviction of a former American Nissan executive for helping fugitive former Chairman Carlos Ghosn hide income, while rejecting prosecutors’ bid to overturn his acquitals on other counts

The Independent UK

How the Renault-Nissan Alliance overcame crisis and redefined collaboration over two decades

Nissan and Honda announced fusion recently. By the end of 2023, the Renault-Nissan Alliance, which had existed since 1999, is usually described as having come to an end. Common structures, such as the jointly created purchasing company, are dissolved. However, the relationship between the two companies continues (along with the…

The Conversation

Honda's CEO Struggles To Explain Why Nissan Merger Makes Sense

Honda's CEO just had a pretty awkward press moment related to its potential merger with Nissan. When asked why Nissan would make a good business partner for the mid-sized automaker, Toshihiro Mibe struggled to find the right words before blurting out something that brought laughter to a room full of…

InsideEVs

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Carlos Ghosn Can Save Stellantis

In 1998, Chrysler turned into Daimler-Chrysler, which morphed into FCA, and now, for some reason, it's called Stellantis. Whatever the name may be, the smallest member of Detroit's Big Three is seemingly in permanent need of a savior. For Stellantis, the highs are stratospheric, but the lows are somewhere in…

Motor1

Honda and Nissan announce merger to form world's third largest car company

Japanese automakers Honda and Nissan have announced plans to join forces and form the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

Radio France Internationale

Nissan, Honda announce merger, creating world’s third-largest carmaker

Plans, which include Mitsubishi, announced as Japan tries to gain foothold in electric vehicle market.

Al Jazeera

Honda and Nissan set to merge forming world's third largest automaker

Japanese carmakers Honda and Nissan have announced plans to merge, creating the world's third largest automaker

Evening Standard

Honda, Nissan and Mitsubishi confirm they are in merger talks

Deal would create world’s third-largest carmaker with £46bn annual sales amid competition from China

The Guardian - UK

Honda And Nissan To Launch Merger Talks

Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles.

International Business Times

Nissan, Honda expected to announce plans to merge, creating world's No. 3 automaker

Japanese automakers Nissan and Honda are expected to announce plans on a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from reliance on fossil fuels

The Independent UK

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Motor1

Ex-Nissan CEO Ghosn Says Merger With Honda Is a 'Desperate Move'

Nissan and Honda shook the automotive world when news of a possible merger came to light on Tuesday. Nothing is official yet, but that's not stopping Nissan's former boss Carlos Ghosn from sharing his thoughts on the potential deal. In a recent interview with Bloomberg, the embattled ex-CEO was extremely…

InsideEVs

'It’s A Desperate Move': Ex-Nissan Boss Carlos Ghosn On Honda Merger

Carlos Ghosn was never one to pull his punches. Even at the peak of his power at the helm of one of the world's largest automakers, he always had a lot to say. So following his daring escape from Japanese prosecution for alleged financial crimes, nobody should have expected the…

Top News

Honda And Nissan In Talks For Potential Merger

Honda and Nissan engage in merger talks amidst challenges. Potential collaboration may include Mitsubishi. Focus on innovation and electric vehicles in a r...

The Guardian - UK

Stellantis’s Carlos Tavares: the hard-driving boss ejected from global carmaker

Firm rejects ruthless approach of former chief executive known for pushing for bigger profits

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International Business Times

Nissan Announces 9,000 Job Cuts, Slashes Sales Forecast

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle "a severe situation".

Motor1

Carlos Ghosn Has to Return His Yacht (And $32 Million) to Nissan

A Virgin Islands court found Ghosn's 121-foot-long yacht improperly purchased and has ordered the former Nissan CEO to return it.

The Independent UK

Lawyer for American charged in Japan's trial of ex-Nissan exec Ghosn appeals for 'justice'

The six-year-old criminal case of Greg Kelly, an American ensnared in the scandal of Nissan’s former boss Carlos Ghosn has turned a page in a Japanese court, with the judge promising a verdict in February

Fortune

The WSJ’s Evan Gershkovich had his employer’s support—but that’s not always the case for employees on an overseas mission

When in Rome, it is not always appropriate to do as the Romans do.

InsideEVs

America Is Divided: Let China's Automakers Build Here, Or Not?

“I want to see this area have more jobs... but we must not welcome companies that are controlled by people who see us as the enemy,” one elected official said.

The Guardian - UK

Renault to sell 5% stake to Nissan as carmakers rebalance alliance

French company to receive up to £657m, helping push electric vehicles unit Ampere

The Independent UK

Japanese automaker Nissan's profits zoom on strong sales, favorable exchange rates

Nissan has reported that its profit zoomed more than 10-fold in the last quarter from a year before, boosted by a weak Japanese yen and strong vehicle sales around the world

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