Learn from their example
Oh, how we all wish we could go through our lives without ever experiencing anything as horrid as the Fyre Festival. That infamous story, which you can see in full in an entertaining Netflix documentary, involved would-be 'techpreneur' Billy McFarland and
That's about half a billion pesos
The result of Mitsubishi's internal investigation regarding Carlos Ghosn's alleged misconduct is in, and it doesn't look good.Mitsubishi Motors Corporation (MMC) investigators found that the former chairman of the board "improperly received" payments amounting to approximately ¥1 billion (
The executive finally speaks out
It's been a rough few months for disgraced Nissan top honcho Carlos Ghosn. The once-celebrated executive has been sitting in a Japanese jail cell since reports of financial irregularities came to light. Now, the former Nissan chairman has gotten his
His first appearance since the scandal broke
Carlos Ghosn will finally get a chance to plead his case in public. According to a report by the Wall Street Journal, the disgraced former chairman of Nissan is set for his first public hearing this week.The report says that the
The highs and lows of the past year
The arrest of former Nissan-Renault-Mitsubishi boss Carlos Ghosn for under-reporting income came as a shock to the industry. Nissan itself blew the whistle on its own boss. Ghosn asserts innocence, claiming that the declaration was for unreceived income that
Corporate Japan seems done with the embattled executive
After Carlos Ghosn's swift ouster from Nissan Motor Company last week on allegations of financial mismanagement, it was Mitsubishi Motors' turn to remove the embattled European executive from its ranks. According to a report from Reuters, the decision was made after
An investigation has been going on for months
In a surprising turn of events, Nissan announced that it plans to oust its chairman, Carlos Ghosn, because of reported financial misconduct. According to a statement, Nissan said this is the result of an investigation that has been going on for several
His job? Saving companies from financial ruin
Carlos Ghosn once said: "Business is tough-you need tough guys." Without his toughness, companies like Renault and Nissan may have already ceased to exist.Just last year, he stepped down from his position as chief executive officer at Nissan. He stays
Up to $1 billion
The race is on between major carmakers seeking the next big breakthrough or discovery in automotive technology. But now the Renault-Nissan-Mitsubishi triumvirate has made a pretty big leap that arguably puts it ahead of the pack. The group has just
Part of its ASEAN expansion
Most of you probably know that a majority of our cars are manufactured in Thailand. Now, some of our Mitsubishi vehicles could also come from Indonesia. As part of its ASEAN expansion (which includes our local plant for the Mirage), the Japanese
Ghosn will remain as chairman
Big changes are happening over at Nissan HQ. The Japanese carmaker has just announced that Carlos Ghosn will step down as the company's chief executive officer (CEO). He will be replaced the current co-CEO and representative director Hiroto Saikawa beginning
Ghosn to become chairman
From two they became three. Completing a process that began months ago, Nissan Motor Company has completed its acquisition of a 34% stake in Mitsubishi Motors.Nissan is already allied with Renault, and with Mitsubishi becoming part of this partnership, the new
A look at how the synergy will work
Last week, the automotive industry was rocked by news that Nissan Motor Company would buy a third of Mitsubishi Motors Corporation, which is essentially a controlling stake. Mitsubishi has been plagued by admissions of rigging fuel economy tests of models for the
According to big boss Carlos Ghosn
Renault Group boss Carlos Ghosn arrived at yesterday's Alpine Vision reveal in Monaco trailed by a phalanx of cameras, popping flashes, and flustered minions. Most major politicians don't have an entourage this attentive, but the fact that the grandest of
We want this in PH market
It's official: Nissan is coming out with an all-new crossover based on the Kicks concept displayed at last year's Buenos Aires Motor Show. The vehicle's production version will retain the Kicks moniker; it will be sold globally, beginning
Says any EV-segment player is welcome
In the days following the release of new Apple products, expect the shiny new gizmos to be high on the list of lunch topics and drinking-session conversations. Indeed, people here in the office have been talking about the new super-thin
Starting with Mitsubishi-branded Renault sedans
The Renault-Nissan Alliance is expanding its collaboration with Mitsubishi by exploring \"several new projects covering shared products, technologies and manufacturing capacity.\" The venture between the carmakers was first established in 2011 to develop a range of kei cars for both Nissan
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