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Wednesday, October 16, 2019

Tag: Nissan Motor Co.

Nissan picks Uchida as CEO after Ghosn scandal

Makoto Uchida known for his rigorous work ethic and tight cost control.

Nissan’s chief investigator into CEO’s pay scandal to resign

Christina Murray, Nissan’s vice-president in charge of audit and compliance, will leave the company as soon as Sept 10.

Nissan CEO Saikawa admits to misconduct in compensation

An internal company probe found Hiroto Saikawa had received tens of millions of yen more than he should have through a stock appreciation rights scheme.

Renault mulls cutting Nissan stake to revive Fiat deal

Any reduction of the stake will need approval from France, which owns 15% of Renault.

Nissan plans over 10,000 jobs cuts globally

The cuts include the 4,800 already announced in May, and will mostly be at factories overseas with low utilisation rates.

Renault-Nissan ties get even shakier as new tensions arise

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, lurches toward a new crisis.

Already-downgraded Nissan credit rating hit by negative outlook

There is a more than one-in-three chance of a further delay in Nissan’s profit recovery, which has lowered the company’s long-term issuer credit rating.

Ghosn’s successor under siege from within as Nissan profit sinks

Nissan Motor Co CEO Hiroto Saikawahas yet to announce a turnaround plan, which raises questions of whether he is fit to continue as Nissan's head.

Infiniti aims to launch first China-made electric car in 3 years

The planned e-sedan is part of Infiniti’s longer-term strategy to significantly "electrify" its product lineup.

Ghosn under close supervision while he awaits trial

Carlos Ghosn is prohibited from using the Internet and leaving Japan while awaiting his trial, which could be a year away.

Ghosn’s family say misconduct allegations are Nissan revolt

Carlos Ghosn's daughter, when hearing Hiroto Saikawa’s news conference, suspects company investigations started over opposition to tie-ups between Nissan and Renault which her father tried to arrange.

Nissan says it found ‘misconduct’ in exhaust, fuel economy tests

Nissan dropped 4.6% in Tokyo, the largest decline since November 2016, before the company held a press conference Monday. The stock has lost 11% of its value this year.