#Nissan

American father-son duo sentenced to jail for helping Carlos Ghosn escape

Michael Taylor, 60, received a sentence of two years and his 28-year-old son, Peter Taylor, was handed a 20-month sentence

Nissan CEO who oversaw Ghosn’s downfall testifies in court

Hiroto Saikawa is testifying this week at roughly the mid-point of the trial

Ghosn says French investigators will quiz him in Lebanon in 2021

Ghosn was arrested in Tokyo almost two years ago and escaped to Lebanon in December

Nissan Ariya

How Nissan is preparing to reboot its Middle East business

The Japanese carmaker has had a rocky year that has brought it to the brink. However, a four-year transformation strategy has plotted out an aggressive turnaround plan.
Here’s what to expect in the Middle East

Renault reports record $8bn loss

Renault shares have fallen 47 per cent this year

JAPAN-AUTOMOBILE-NISSAN

Nissan Middle East reports 0.5% growth in domestic sales for FY 2019

It will introduce eight new models to the region over the next two years

nissan gt-r50

Nissan posts biggest loss in 20 years, unveils turnaround plan

A four-year plan calls for production to be cut by 20 per cent to about 5.4 million vehicles a year

Ghosn’s accused accomplices held as Japan seeks extradition

The arrests come a week before the expected announcement of a major restructuring plan at Nissan

Fugitive Ghosn promises new revelations in upcoming book

Arrested in November 2018 in Tokyo on charges of financial misdeeds and then freed on bail, Ghosn made a dramatic escape to Lebanon in December

Revealed: Top 100 most powerful Arabs 2017

Prince Alwaleed Bin Talal Alsaud, founder and chairman of Saudi’s Kingdom Holding Company, topped the list