Nissan names head of China business to be new CEO
TOKYO (AP) — Nissan has tapped the head of its China business, Makoto Uchida, as its new president and chief executive, to help lead a recovery from the leadership crisis and sinking profitability...
Nissan chief hands in resignation, successor to be named
YOKOHAMA, Japan (AP) — Nissan Chief Executive Hiroto Saikawa tendered his resignation Monday after acknowledging that he had received dubious income and vowed to pass the leadership of the...
Nissan official says Hiroto Saikawa has resigned as chief executive, effective Sept. 16, successor to be named later
YOKOHAMA, Japan (AP) — Nissan official says Hiroto Saikawa has resigned as chief executive, effective Sept. 16, successor to be named later.
Nissan chief got dubious payments but says he didn’t know
TOKYO (AP) — The chief executive of scandal-plagued Nissan on Thursday acknowledged receiving inappropriate payments from the Japanese automaker but denied he ordered it or knew about...
Nissan to slash 12,500 jobs to cut costs, achieve turnaround
TOKYO (AP) — Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday.
BOULOGNE-BILLANCOURT, France (AP) — Renault's chairman expressed confidence Thursday that the French automaker's alliance with Nissan remains on track following the appointment of a new board at...
Nissan governance steps, board win shareholders’ approval
YOKOHAMA, Japan (AP) — Scandal-battered Nissan won its shareholders' approval Tuesday for a new system of committees to oversee governance and for keeping Chief Executive Hiroto Saikawa on its...
Proxy companies advise shareholders against Nissan’s Saikawa
TOKYO (AP) — Two investor research companies are advising Nissan shareholders to turn down a proposal to reappoint the automaker's chief executive, Hiroto Saikawa, as a board director, citing...
TOKYO (AP) — Nissan's chief executive has criticized the Japanese automaker's French alliance partner, Renault, for trying to block changes to strengthen governance following the arrest of former...
Renault’s FCA merger move leaves partner Nissan in the cold
TOKYO (AP) — Some Japanese are using an old expression to describe how Nissan was left out of talks that led to the proposed merger between its French alliance partner Renault and Fiat Chrysler...
PARIS (AP) — The Latest on Fiat Chrysler's proposal to merge with Renault (all times local):
Renault is delaying a decision on whether to launch exclusive merger talks with...
Nissan proposing more board members, with Renault’s Bollore
TOKYO (AP) — Nissan proposed Friday adding Renault's chief executive, Thierry Bollore, to its board, as well as several outsiders, to strengthen its governance following the arrest of its former...
Hit with arrest of ex-chair Ghosn, Nissan profit nose-dives
TOKYO (AP) — Japanese automaker Nissan, reeling from the arrest of its former chairman Carlos Ghosn, reported Tuesday that annual profit nose-dived to less than half of what it earned the previous...
Questions loom for Nissan with former chairman Ghosn gone
TOKYO (AP) — Nissan is seeing sales and profits tumble, as its once revered former chairman, Carlos Ghosn, awaits trial on charges of financial misconduct.
With Ghosn gone, Nissan, Renault, Mitsubishi form new board
YOKOHAMA, Japan (AP) — The chief executives of Renault, Nissan and Mitsubishi have announced a new board to oversee the French-Japanese auto alliance, seeking a "new start" for the partnership...
Key dates in the career of ex-Nissan Chairman Carlos Ghosn
TOKYO (AP) — The arrest of former Nissan Motor Co. Chairman Carlos Ghosn came after a largely illustrious history at the company. Some key dates from Ghosn's two decades at Nissan and the current...
The Latest: Nissan CEO welcomes Renault leadership change
PARIS (AP) — The Latest on former Renault-Nissan's former chairman Carlos Ghosn as he remains detained in Japan (all times local):
Nissan's Chief Executive Hiroto Saikawa welcomed Renault's new leadership.
He told reporters at Nissan's headquarters in Yokohama, southwest of Tokyo: "This is a first step as we turn a page in the alliance."
Mitsubishi board considers new allegations against Ghosn
TOKYO (AP) — Mitsubishi Motors held a board meeting Friday to examine the latest allegations of unreported compensation against Carlos Ghosn, who led Nissan for two decades and forged the alliance between the Japanese automakers.
Nissan board meets but no chairman picked to replace Ghosn
YOKOHAMA, Japan (AP) — Nissan's board met Monday but failed to pick a new chairman to replace Carlos Ghosn, who was arrested last month on charges of violating financial regulations, saying more discussion was needed.
Nissan Motor Co. Chief Executive Hiroto Saikawa told reporters that the board approved a special committee of outsiders to strengthen governance at the company. A date for the selection of a chairman was not decided.
As Ghosn heads for Nissan exit, Renault merger hopes fade
TOKYO (AP) — The arrest of Nissan chairman Carlos Ghosn could extinguish any remaining hopes for a merger with key shareholder Renault, which the Japanese company's CEO has publicly opposed.
Ghosn had this year said he was open to the idea of a merger between Nissan and Renault, where he is chief executive and which he has tied into a cost-saving alliance.
Nissan chairman arrested in probe of financial misconduct
YOKOHAMA, Japan (AP) — Nissan Chairman Carlos Ghosn, who became one of the auto industry's most powerful executives by engineering a turnaround at the Japanese manufacturer, was arrested Monday and will be fired for allegedly underreporting his income and misusing company funds, the automaker said.
Infiniti, the luxury brand of Japanese automaker Nissan, will start phasing out gas-powered vehicles in 2021 and switch to "all electrified" models, the maker's new CEO Hiroto Saikawa said Tuesday afternoon.
Making an appearance at the Automotive News World Congress in Detroit – his first in the U.S. since succeeding Carlos Ghosn as Nissan Motor Co. CEO last April – Saikawa also suggested that the Euro-Asian Renault-Nissan-Mitsubishi Alliance could look to add a fourth partner.
Nissan execs taking pay cuts over bogus vehicle inspections
TOKYO (AP) — Nissan Motor Co. Chief Executive Hiroto Saikawa and other executives of the Japanese automaker are returning a part of their salaries to show remorse over illegal vehicle inspections at the automaker's plants in Japan.
Saikawa did not say how big the pay cuts would be or who else would take them. He said "voluntary return of a part of his pay" started last month and will continue through March 2018, the end of the fiscal year.
Nissan’s profit flat over inspection scandal, legal costs
TOKYO (AP) — Japanese automaker Nissan Motor Co.'s fiscal second-quarter profit slipped 3 percent despite growing sales because of costs related to improper vehicle checks in Japan and a massive global air-bag recall in the U.S.
Nissan recalls 1.2 million Japan vehicles for re-inspections
TOKYO (AP) — Nissan is recalling 1.2 million vehicles in Japan that were produced between October 2014 and September this year to re-inspect them because they had not gone through the proper final checks.
Japanese automaker Nissan Motor Co. said Monday that a team, including an independent third party, was investigating the cause of the oversight and promised to prevent a recurrence. The problem does not affect Nissan vehicles sold outside Japan.