Appearing for the first time since they were extradited to Japan from the U.S. earlier this year, Michael Taylor, 60, and Peter Taylor, 28, listened as the prosecutor read out the charges.
TOKYO (Reuters) - Nissan Motor Co Ltd <7201.T> on Monday blasted suggestions in media reports of a conspiracy within the company to oust former chairman Carlos Ghosn.
As part of the settlement, the Japanese automaker is expected to receive between Rs 14 billion ($185 million) and Rs 18 billion ($238 million)
The recall covers the Nissan Murano SUV from 2015 through 2018, and Maxima sedans from 2016 through 2018
Years of heavy discounting and fleet sales, particularly in the United States, has left Nissan with a cheapened brand image and low vehicle resale value as well as dented profit.
The operation, known only to a handful of people, adds crucial new details to what investigators and those close to Ghosn see as the most serious criminal charge against the former auto CEO
In order to improve its overall utilisation rate, Nissan said, it will reduce global production capacity by 10 per cent by the end of the financial year 2022
The Leaf that's on sale now costs about 3 million yen (USD 28,000), according to Nissan
Japan's second-largest automaker is aiming to have a 50- to 60-day supply of cars and trucks in August
Currently, electric cars account for a small portion of the market in Southeast Asia
Nissan said registrations of the 60,000 affected vehicles would resume after fresh checks
Bringing Mitsubishi into alliance has put group's annual combined sales at 9.3 mn vehicles