Carlos Ghosn

Nissan to sell its Russia assets to Moscow

Japanese automaker Nissan will sell its Russian assets, including a factory in Saint Petersburg, to the Russian government, the Ministry of Industry and Trade in Moscow said yesterday.

The announcement comes after Nissan suspended production at the plant in Russia's second city in March, shortly after Moscow sent troops to Ukraine.

Nissan hikes net profit forecast again despite chip shortage

Nissan on Feb. 8 hiked its annual net profit forecast again on strong interim results, aiming to weather the global chip shortage as it shifts focus to electric vehicles.

The Japanese car giant now expects yearly net profit to March 2022 of 205 billion yen ($1.8 billion), having already tripled its annual profit outlook in November to 180 billion yen.

Turkish court jails 3 in ex-Nissan CEO escape case

A Turkish court on Feb. 24 handed down jail terms to three people who were accused of aiding former Nissan CEO Carlos Ghosn's escape from Japan to Lebanon via an airport in Istanbul.

A private cargo company executive and two pilots, who were charged with "migrant smuggling", got four years and two months in prison each.

Japan issues warrants for ex-US soldier, two others for Ghosn escape

Japanese authorities on Jan. 30 issued warrants for a former U.S. special forces soldier and two other men on suspicion of smuggling former Nissan Motor Co boss Carlos Ghosn out of Japan.

Warrants were issued for former U.S. Green Beret Michael Taylor and two other men, George-Antoine Zayek and Peter Taylor, prosecutors said in a statement.

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