Carlos Ghosn
People walk past Nissan Motor Co.'s global headquarters in Yokohama, near Tokyo, Tuesday, June 22, 2021. Nissan Chief Executive Makoto Uchida pleaded for patience from disgruntled shareholders Tuesday, promising a turnaround at the Japanese automaker, which is projecting a third year of losses as it struggles to distance itself from a scandal over its former Chairman Carlos Ghosn. (AP Photo/Koji Sasahara)
Nissan CEO promises turnaround for disgruntled shareholders

By Yuri Kageyama Jun. 22, 2021 12:54 AM EDT

A man wearing a protective mask to help curb the spread of the coronavirus walks past the logo of Honda Motor Company Thursday, May 13, 2021, in Tokyo. Honda swung into the black in January-March, recording a 213 billion yen ($2 billion) profit, despite the ongoing uncertainties unleashed by the coronavirus pandemic, the results, released Friday, May 14, 2021. (AP Photo/Eugene Hoshiko)
Honda returns to quarterly profit despite pandemic damage

By Yuri Kageyama May. 14, 2021 05:40 AM EDT

A woman wearing a face mask to to help curb the spread of the coronavirus walks by the logo of Nissan seen at the automaker's showroom in Tokyo Tuesday, May 11, 2021. Nissan reduced its losses for January-March, compared to last year, as restructuring efforts kicked in, despite the sales damage from the coronavirus pandemic, the Japanese automaker said Tuesday. (AP Photo/Eugene Hoshiko)
Japan's Nissan sees smaller loss, promises sales recovery

By Yuri Kageyama May. 11, 2021 06:50 AM EDT

A man walks past the corporate logo at Nissan Motor Co.'s global headquarters in Yokohama, near Tokyo, Tuesday, Feb. 9, 2021. Japanese automaker Nissan reported Tuesday losses for the fiscal third quarter, as its sales were hit by the coronavirus pandemic and its brand image continued to take a beating from the financial misconduct scandal centered on its former chairman, Carlos Ghosn. (AP Photo/Koji Sasahara)
Nissan stays in red ink amid pandemic, Japan criminal trial

By Yuri Kageyama Feb. 09, 2021 04:20 AM EST

FILE - In this May 14, 2020, file photo, an image of veteran Constance "Kandy" Pinard is projected onto the home she grew up in with her sister, Tammy Petrowicz, left, and brothers, Paul, center, and Brian Driscoll in Florence, Mass. Pinard, a nurse in the U.S. Air Force and resident of the Soldier's Home in Holyoke, Mass., died from the COVID-19 virus at the age of 73. The coronavirus pandemic was Massachusetts' top story of 2020. (AP Photo/David Goldman, File)
Beyond COVID-19: Politics, legal news grabbed 2020 headlines

By William J. Kole Dec. 28, 2020 09:02 AM EST

FILE - In this May 14, 2020, file photos, a Salvation Army worker, center, wears a mask and gloves out of concern for the coronavirus while distributing food to a person, right, also wearing a mask, in Chelsea, Mass. (AP Photo/Steven Senne)
Beyond COVID-19: Politics, legal news grabbed 2020 headlines

By William J. Kole Dec. 21, 2020 08:49 AM EST

A visitor walks past a car at Nissan Motor Co.'s showroom in Tokyo, Wednesday, Nov. 11, 2020. Nissan posted a loss of 44.4 billion yen ($421 million) for the fiscal second quarter, as the coronavirus pandemic slammed profitability, and the Japanese automaker fought to restore brand image tarnished by the scandal of its former star executive Carlos Ghosn, reported Thursday, Nov. 12, 2020. (AP Photo/Koji Sasahara)
Japanese automaker Nissan posts loss amid pandemic, scandal

By Yuri Kageyama Nov. 12, 2020 05:03 AM EST

A visitor wearing a face mask to help curb the spread of the coronavirus walks by the logo of Toyota Motor Corp. at its showroom in Tokyo, Monday, Nov. 2, 2020. Toyota’s July-September profit fell 11% as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up well, compared to weaker rivals that have sunk into the red. (AP Photo/Koji Sasahara)
Japan's Toyota sees profit slip, holding up despite pandemic

By Yuri Kageyama Nov. 06, 2020 12:20 AM EST

FILE - In this Jan. 10, 2020, file photo, former Nissan Chairman Carlos Ghosn speaks to Japanese media during an interview in Beirut, Lebanon. Two American men wanted by Japan on charges that they helped sneak former Nissan Motor Co. Chairman Carlos Ghosn out of the country in a box have again been denied release from a U.S. jail. U.S. District Judge Indira Talwani on Friday, Aug. 7, rejected a bid to release Michael Taylor and Peter Taylor on bail while they fight their extradition to Japan. (Meika Fujio/Kyodo News via AP)
2 accused in ex-Nissan boss' escape denied release from jail

By Alanna Durkin Richer Aug. 08, 2020 01:43 PM EDT

Japan's Honda sinks for quarter as pandemic crashes sales

By Yuri Kageyama Aug. 05, 2020 03:49 AM EDT
TOKYO (AP) — Japanese automaker Honda reported Wednesday it sank into the red for the April-June quarter, as its sales plunged over the coronavirus pandemic,...

France's Renault posts massive loss as trouble piles up

Jul. 30, 2020 07:15 AM EDT
PARIS (AP) — French carmaker Renault reported a massive loss of 7.4 billion euros ($8.5 billion) in the first half of the year as the collapse in global auto...

FILE - In this June 21, 2019, file photo, a man walks past a sign of Mitsubishi Motors at its headquarter in Tokyo Friday, June 21, 2019. Mitsubishi Motors Corp. reported Monday, July 27, 2020, a 176 billion yen ($1.7 billion) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the world. (AP Photo/Eugene Hoshiko, File)
Japan's Mitsubishi Motors racks up red ink on pandemic pain

By Yuri Kageyama Jul. 27, 2020 05:07 AM EDT

A photographer takes a photo of interior of Nissan Motor Co.'s new electric crossover Ariya at Nissan Pavilion in Yokohama near Tokyo Tuesday, July 14, 2020. The Ariya is the Japanese automaker’s first major all-new model since getting embroiled in the scandal surrounding former Chairman Carlos Ghosn.(AP Photo/Koji Sasahara)
Nissan rolls out new electric crossover, aims to boost image

By Yuri Kageyama Jul. 15, 2020 02:02 AM EDT

FILE - In this Jan. 10, 2020, file photo, former Nissan Chairman Carlos Ghosn speaks to Japanese media during an interview in Beirut, Lebanon. Prosecutors filed documents on Tuesday, July 7, 2020, detailing wire transfers by Ghosn to a company linked to one of the men accused of helping smuggle him out of Japan in a box in 2019. (Meika Fujio/Kyodo News via AP)
US: Ex-Nissan boss wired money to man who helped him flee

By Alanna Durkin Richer Jul. 08, 2020 10:07 AM EDT

FILE - In this Jan. 27, 2010 file photo, a Middle East Airlines jet takes off at the Rafik Hariri International Airport in Beirut, Lebanon. On Wednesday, July 1, 2020, Beirut's airport is partially reopening after a three-month shutdown. Lebanon's cash-strapped government hopes thousands of Lebanese expatriates will return for the summer, injecting badly needed dollars into the sinking economy. (AP Photo/Hussein Malla, File)
Lebanon’s plea to skeptical expats: Come visit, bring cash

By Zeina Karam Jul. 01, 2020 02:06 AM EDT

In this photo released by Nissan Motor Co., Nissan Chief Executive Makoto Uchida, center, speaks during a shareholders meeting in Yokohama, near Tokyo, Monday, June 29, 2020. Uchida told shareholders he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology. (Nissan Motor Co. via AP)
Nissan officials face angry shareholders on red ink, scandal

By Yuri Kageyama Jun. 29, 2020 12:07 AM EDT

In this image from a video provided by Mitsubishi Motors Corp., Chief Executive Takao Kato speaks during its shareholders meeting Thursday, June 18, 2020. Mitsubishi Motors told shareholders Thursday that top executives are getting pay cuts to take responsibility for the Japanese automaker’s financial losses. (Mitsubishi Motors Corp. via AP)
Money-losing Mitsubishi says executives will take pay cuts

By Yuri Kageyama Jun. 17, 2020 11:26 PM EDT

World shares mostly higher... CrossFit CEO resigns over tweet...Virus pummels global economy, jobs - even without 2nd wave

Jun. 10, 2020 06:40 AM EDT
BANGKOK (AP) — World shares were mostly higher today as investors await the outcome of a Federal Reserve policy meeting. In early trading, the CAC 40 in Paris...

Nissan workers gather during a protest in Barcelona, Spain, Thursday, May 28, 2020. Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plans in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs. (AP Photo/Emilio Morenatti)
Nissan to close Indonesia, Spain auto plants after losses

By Yuri Kageyama May. 28, 2020 05:01 AM EDT

In this image from a video provided by Renault-Nissan-Mitsubishi, Alliance Operating Board Chairman Jean-Dominique Senard speaks during an online news conference Wednesday, May 27, 2020. The Japanese-French auto alliance of Nissan and Renault will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic. (Renault-Nissan-Mitsubishi via AP)
Nissan-Renault alliance to share more parts, technology

By Yuri Kageyama May. 27, 2020 04:34 AM EDT