Mitsubishi Motors Corp (7211.T)
18 Jan 2019
Fri, Jan 18 2019
TOKYO Carlos Ghosn improperly received $9 million in compensation from a joint venture (JV) between Nissan Motor and Mitsubishi Motors, the Japanese automakers said on Friday, raising the possibility of their ousted chairman facing a fresh charge of embezzlement. | Video
* Probe finds Ghosn did not discuss pay with other board members
TOKYO, Jan 18 Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from a joint venture between Nissan Motor Co and Mitsubishi Motors Corp, the companies said on Friday.
PARIS Ousted Renault-Nissan alliance chairman Carlos Ghosn was paid 7 million euros ($8 million) through a Dutch joint venture between Nissan and Mitsubishi, French financial daily Les Echos reported on its website on Sunday.
TOKYO Nissan's board remains committed to the carmaker's alliance with Renault and Mitsubishi Motors , it said after directors met to discuss the ongoing investigation into former chairman Carlos Ghosn and ways to bolster governance.
TOKYO, Jan 10 Nissan's board remains committed to the carmaker's alliance with Renault and Mitsubishi Motors, it said after directors met to discuss the ongoing investigation into former chairman Carlos Ghosn and ways to bolster governance.
TOKYO Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct. | Video
TOKYO Mitsubishi Motors' Chief Executive Osamu Masuko said on Thursday that the company's three-way alliance with Nissan and Renault would not appoint an interim chairman and would shift instead to a system where the group would be led by the three CEOs.
OKAZAKI, Japan A senior executive at Mitsubishi Motors Corp said on Tuesday its alliance with Nissan Motor and Renault SA can survive management upheaval, a day after it fired Carlos Ghosn as chairman over financial misconduct allegations.
OKAZAKI, Japan A top executive at Mitsubishi Motors Corp said on Tuesday that the days of a single automaker being able to develop new technologies on its own were fading, stressing the importance of its alliance with Nissan Motor Co and Renault SA .