Carlos Ghosn

Nissan said Monday it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper.

Nissan Chief Executive Makoto Uchida told a Japanese court on Wednesday that the company’s former chairman, Carlos Ghosn, had held too much power, failed to listen to others, and stayed on for too long.

Nissan projecting a third year of losses as it struggles to distance itself from a scandal over its former chairman, Carlos Ghosn

Two Americans suspected of helping former Nissan chairman Carlos Ghosn flee Japan while he was out on bail go on trial Monday in Tokyo

Yokohama-based Nissan has sunk into losses since the Ghosn scandal surfaced, and the pandemic has added to those woes

Nissan projects its global vehicle sales will climb nearly 9% to 4.4 million vehicles from 4 million vehicles sold in the fiscal year that just ended.

The prosecutors’ records show Ghosn denied the payments were “delayed,” asserting they were all “conditional.”