Nissan
Nissan Motor Egypt announced the launch of the all-new Nissan JUKE in the local market.
"There is huge opportunity ahead of auto industry in Egypt," Mike Whitfield said.
“I have not fled justice – I have escaped injustice and political persecution,” Ghosn said in a statement.
The South African unit of Japanese car maker Nissan will invest $213 million in the country to produce the new Navara model at a local plant.
France’s Renault SA intends to restart merger talks with Japan’s Nissan Motor Co. Ltd. within 12 months, after which it will set sight on a bid to buy Fiat Chrysler Automobiles NV.
The ministry asked the Japanese company to use Nasr auto-assembling factory and turn it into an export hub through exporting around 50,000 cars annually.
Nissan asserted its desire to consolidate its presence in the Egyptian market.
Ghosn has been held in custody in Japan since last November, after being arrested on charges of financial misconduct, which he denies.
Ghosn headed a powerful alliance between Nissan, Mitsubishi and Renault before his arrest in November on charges of financial misconduct.
On Tuesday, a Tokyo court denied his request for release on bail, raising the possibility that he may remain in custody for months before his trial begins.
Ghosn went on the counter-attack the previous day, declaring his innocence before a court hearing in his first public appearance since his arrest.
Ghosn denies the charges against him.
Ghosn, accused of aggravated breach of trust, is facing allegations of making the car maker shoulder 1.85 billion yen ($16.8 million) in personal investment losses.
Those symptoms worsened during his five weeks in the Tokyo Detention Center, his wife said, citing Kelly’s lawyer.
Japanese authorities Tuesday released on bail a Nissan executive accused of a key role in the financial misconduct case involving auto tycoon Carlos Ghosn.
A Nissan spokesman said the car maker was not in a position to comment on the latest twist in the more-than-month-long saga.
A Japanese court on Sunday extended for 10 days the detention of ousted Nissan Motor Co (7201.T) chairman Carlos Ghosn.
Nissan Motor's CEO plans to meet one-on-one with the deputy CEO of automaking partner Renault in Amsterdam this week.
The prosecutors also indicted Nissan for filing false financial statements, making the Japanese automaker culpable for the scandal that has shocked the auto industry.
Carlos Ghosn as chairman, a spectacular fall from grace for the once-revered boss whose arrest for financial misconduct has stunned the business world.
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