Saturday , May 28 2022

Japan: International: News: Hankyoreh



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Nissan Restructuring through France -Japan Joint Venture 3rd Automotive Group Management
The "killer" nickname … Five-year compensation to cut by 50 billion victories
Evolution of revenues and taxes … French shares Renault drops

Carlos Ghosn (64), president of the Renault-Nissan-Mitsubishi Alliance, was named after a 20-year star manager who led the revival of Nissan Motors.
The public prosecutor's office in Tokyo District (JPG) was arrested on suspicion of violating the Financial Instruments and Stock Exchange Act (fake report on the securities report) on October 19th. Greg Kelly, CEO of Nissan Motor, was also arrested.
The Tokyo District Prosecutor's Office is investigating allegations that financial supervisory authorities have reported false claims that the company received 4.988 billion yen for the fiscal year 2011-2015, worth 9.98 billion yen (about 100 billion earnings). Prosecutors seized Nissan Motors headquarters in Yokohama.
Nissan Motor Co. said in a statement issued on his behalf that the company proposed to the board of directors the dissolution of the president, saying: "Mr. Gong has committed a number of serious misconduct, including the private use of corporate funds." Nissan Motor said he had investigated a few months according to internal reports of his deviations, and Kelly was deeply involved. He cited an anonymous official saying he was accused of charging the company with the full amount of his home purchase funds.
Born in Brazil, Gon is a full-fledged vice president of the Renault car after attending an apprenticeship at MICHELIN, France. In 1999, Renault Renault was sent to Nissan as a capital alliance with Nissan Motor Co., which was in a crisis of management. Gon has made massive rebate costs for the retirement of 21,000 volunteers, 14% of Nissan's car workers, partial shutdown of the factories, and Renault and Nissan vehicle platforms. In 2000, he became president of Nissan Motor Co., and the company, which earned 2.1 trillion yen (about 21 trillion won), managed to turn it into profits after its strong restructuring. In 2005, he became Renault's CEO. When Nissan Motor acquired a stake in Mitsubishi Motors in 2016, it became the president of both companies.
Renault holds 43% of Nissan shares, and Nissan holds 15% of Renault. In the past, Renault saved Nissan, but now Nissan's return is ahead of Renault. Nissan will acquire a 34% stake in Mitsubishi Motors in 2016, creating the Renault-Nissan-Mitsubishi Alliance. The rumor hits Renault Renault. On Tuesday, Renault shares fell 13 percent on the French stock market.
Mr. Gong's leadership has shocked Japanese businessmen who have retained a unique culture, but has become a world-renowned manager. The drastic move to cut 1,400 affiliates to four gave the nickname "Cost Killer." He also received a bid from General Motors Corp (GM) and Ford Motor Co.
Gong has enjoyed considerable popularity in Japan thanks to the successful reconstruction of Nissan Motors. He speaks six languages, including English, French and Portuguese, and is recognized as a more unique and wonderful person because of his multicultural background.
Tokyo / early spring correspondent [email protected]

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