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Major Japanese auto companies giving up on Russia

Toyota and Nissan, two major Japanese automakers with substantial manufacturing capacity, pulled out of Russia after both claimed that carrying out any future business...

Ex-Magna CEO could take control of Volkswagen’s assets in Russia 

The Russian media reported that Volkswagen AG could sell its Russian business – including an assembly plant and an internal combustion engine producer –...

Lebanon issues travel ban for Ghosn, ex-Nissan boss

Lebanon's State Prosecutor Judge Ghassan Oueidat imposed on Thursday a travel ban on Carlos Ghosn, former boss of Nissan, to prevent him from leaving...

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