Nissan develops slippers that park themselves

Nissan Motor Co. warned of its lowest profit in six years as it took an $83 million charge related to the compensation of former Chairman Carlos Ghosn.

The former Nissan chairman has reportedly been served a fourth arrest warrant based on a new financial misconduct allegation. He had been out on bail awaiting trial for allegedly misusing the carmaker's funds.

The wife of disgraced Nissan chief Carlos Ghosn has flown to Paris to ask President Macron's government to do more to help her husband. The French state is a shareholder in Nissan partner Renault.

Nissan shareholders have voted to oust Carlos Ghosn as a director, severing the firm's last ties with its ex-chairman. Ghosn, who was once credited with rescuing the carmaker, is fighting charges of financial misconduct.

Nissan Motor Co. shares are down in early Wednesday trading. The automaker will announce a cut in its earnings forecast for the fiscal year ended March, according to TV Tokyo, which cites unidentified people familiar with the matter.

Carlos Ghosn has been released on bail after a Tokyo court rejected a prosecutor's appeal. The embattled former executive has been in detention since early April.

Koji Endo, head of equity research at SBI Securities, talks about Nissan Motor Co., which reports results Tuesday, and its domestic rivals.. Nissan is opposing renewed efforts by alliance partner Renault SA to merge under a holding company, a person with knowledge of the discussions said.

Renault SA Chairman Jean-Dominique Senard arrived in Tokyo with a crucial mission: to sell the proposed merger between Fiat Chrysler Automobiles NV and Renault SA to longtime partner Nissan Motor Co. Bloomberg's Stephen Engle has the latest on "Bloomberg Daybreak: Asia."

Renault SA’s alliance with Nissan Motor Co., already stressed by the Carlos Ghosn affair and a failed merger proposal by Fiat Chrysler Automobiles NV, lurched toward a new crisis after developments over the weekend highlighted the deep divide between the two-decade partners. Dave McCombs reports on "Bloomberg Daybreak: Middle East."

Renault SA Chairman Jean-Dominique Senard promised to improve relations with partner Nissan Motor Co., telling shareholders that broken trust between the companies is reparable and leaving the door open to a future tie up with Fiat Chrysler Automobiles NV.

Nissan reports a 99% plunge in first-fiscal quarter operating profit. Bloomberg’s Dani Burger reports on “Bloomberg Markets: European Open.”

Nissan may have created a dream come true for struggling golfers: a ball that finds its own way into the hole.