Tag: Nissan Motor
Hiroto Saikawa's resignation marks the latest upheaval over governance at the troubled Japanese automaker.
Nissan is not up for a possible merge with Fiat Chrysler and are expected to abstain from a vote on the proposal.
Nissan's partner Renault, the French automaker says Nissan’s results will wipe 56 million euros off its first-quarter net income.
Carlos Ghosn was arrested for the fourth time last week.
Ghosn was re-arrested last week in Japan over fresh allegations of financial misconduct.
Nissan Motor's debt cut rating is on a downward spiral as it 'was lowered to A- from A'.
Lawyer Junichiro Hironaka believes that Ghosn's arrest was the result of a conspiracy inside the automaker.
The external committee, due to make recommendations next month on corporate governance, is also considering other alternatives.
Honda Motor also plans to cease producing Civic sedans at a facility in Turkey.
No immediate explanation for the resignation of embattled Ghosn's lawyers.
Japanese law allows companies to operate without a chairman, as some companies choose that route as a way of distributing power across top management.
Settlement reimburses owners or lessees of Ford vehicles for out-of-pocket expenses while waiting for their air bags to be fixed.