Carlos Ghosn says Japan forced Honda into ‘desperation’
Former Nissan chairman criticizes Honda's potential merger, calling it a desperate move that lacks industrial logic or real synergies December 21, 2024 07:44 Former Nissan CEO Carlos Ghosn called the brand's potential merger with Honda an "act of desperation." The two automakers are reportedly in talks as Nissan grapples with what it publicly calls "emergency mode." Ghosn appears to have inside knowledge of what's really going on behind the scenes at Nissan. Nissan is in dire straits right now, and it's not getting any better. The CEO declared the automaker was in "emergency mode," signaling a company-wide crisis. In response, Nissan plans to cut 9,000 jobs, delay upcoming product launches and try to find new financial backers to stabilize its operations. As if that wasn't enough, the company appears to be exploring a merger with Honda. Former Nissan CEO Carlos Ghosn also weighs in on the story, and yes, he staged a Hollywood-style escape from Japan in a box in…
Court orders Carolus Ghosn to return super luxury yacht
Carlos Ghosn remains in Lebanon while facing an Interpol red notice and legal troubles. A British Virgin Islands court ruled that Ghosn misappropriated $32 million from Nissan. Nissan has vowed to pursue legal action to hold Ghosn accountable for alleged misconduct. Former auto executive Carlos Ghosn has been ordered to return a luxury yacht and pay Nissan $32 million in damages after a British Virgin Islands court ruled that the businessman had stolen money from the carmaker. Millions of dollars were embezzled to purchase the yacht. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); The 121-foot custom Line Navetta 37 built by Ferretti has seven bathrooms, five master cabins and four crew cabins. The British Virgin Islands High Court ruled that $32 million from Nissan's CEO reserve fund flowed through multiple intermediaries, including Nissan Middle East, to various entities controlled by Ghosn or his family members. READ: Carlos Ghosn…
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