WSJ : Renault-Nissan's Ghosn Cancels Seoul Trip Ahead of Maj

Renault-Nissan's Ghosn Cancels Seoul Trip Ahead of Major Announcement in Japan

SEOUL--Carlos Ghosn, chief executive of Renault SA (RNO.FR) and Nissan Motor Co. (7201.TO), has canceled a trip to Seoul because he has a "major" announcement to make in Japan on Friday, a Renault Samsung Motors Co. spokesman said.

"He is expected to make some announcement today, although we don't know what's it about," said the spokesman.

Mr. Ghosn was supposed to attend an event in Seoul, organized by Renault Samsung, the local unit of French automaker Renault SA, to launch an electric vehicle.

Nissan on Wednesday moved up its earnings release for the fiscal second quarter to Friday from next Tuesday. The company said that the change was due to "executive schedule changes." It didn't elaborate.

Nissan Chief Operating Officer Toshiyuki Shiga was scheduled to attend a news conference for the earnings at its headquarters in Yokohama.

But a Nissan spokeswoman declined to comment on who will be speaking at the press conference and whether there will be any announcement in addition to the result.