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Business 27 Jul 2019 | 12:00 AM Premium

Renault lowers sales outlook as market slowdown takes hold

PARIS: Renault SA lowered its outlook for full-year sales as the French carmaker grapples with an auto market downturn and dismal results from partner Nissan Motor Co.

Business 26 Jun 2019 | 12:00 AM Premium

Nissan approves new board

TOKYO: Nissan Motor Co shareholders voted in favour of a new board and director committees that are set to ease tensions with partner Renault SA as the companies chart a path forward for their two-decade-old alliance.

Business 25 Jun 2019 | 5:10 AM Premium

Nissan pours cold water on hopes for quick fix to Renault strain

YOKOHAMA: Nissan Motor on Tuesday threw cold water on hopes for a quick-fix to its strained relations with France's Renault SA, saying inequality between the partners could unravel their two-decade-old automaking alliance.

Corporate News 07 Mar 2019 | 12:00 AM Premium

Carlos Ghosn set to be released

TOKYO: Carlos Ghosn may be released from prison soon after posting US$8.9mil in bail, giving the fallen car titan his first taste of freedom since November and allowing him to ramp up his defense against charges of committing financial crimes.