TOKYO — Nissan has tapped the head of its China business, Makoto Uchida, as its new president and CEO to help lead a recovery from the leadership crisis and sinking profitability that followed the arrest of former Chairman Carlos Ghosn last year.
October 8, 2019nissan News Updates
Nissan, Ghosn Fined $16 Million for Failing to Disclose Pay
Nissan Motor Co. and Carlos Ghosn will pay a combined $16 million to settle a U.S. regulator’s allegations that they failed to disclose more than $140 million in compensation that the automaker’s ex-chairman was slated to receive in retirement.
September 23, 2019NHTSA Opens Probe Into Nissan Rogue Automatic Emergency Braking
DETROIT — The U.S. government’s road safety agency is investigating complaints that the automatic emergency braking on the Nissan Rogue can turn on for no apparent reason.
September 12, 2019Nissan CEO Ousted Over Pay Scandal
Nissan Motor Co. CEO Hiroto Saikawa will step down over a scandal involving inflated stock-linked bonuses, deepening the turmoil that’s enveloped the Japanese automaker since the arrest of former Chairman Carlos Ghosn.
September 9, 2019Nissan Braces for Pain as Weak Profits Force Restructuring
Nissan Motor Co. confirmed reports of a 90% drop in quarterly operating profit and a broader restructuring a day before posting results, underscoring the Japanese automaker’s struggle to get back on stable footing.
July 24, 2019Nissan Approves New Board, Gives Renault Executives More Say
Nissan Motor Co. shareholders voted in favor of a new board and director committees that are set to ease tensions with partner Renault SA as the companies chart a path forward for their two-decade-old alliance.
June 25, 2019Waymo to Study Driverless Services With Renault-Nissan Alliance
Waymo agreed to explore driverless services with Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., pairing a leader in self-driving technology with the world’s largest automotive alliance.
June 20, 2019Renault Chairman Pledges to Restore ‘Damaged’ Nissan Partnership
Renault SA Chairman Jean-Dominique Senard promised to improve relations with partner Nissan Motor Co., telling shareholders at an annual meeting in Paris that broken trust between the companies is repairable.
June 12, 2019Fiat Chrysler, Toyota and Nissan Sales Up on Best Deals of Year
Fiat Chrysler Automobiles NV, Toyota Motor Corp. and Nissan Motor Co. posted surprise gains in U.S. sales for May as carmakers offered richer deals to consumers to clear mounting inventory.
June 3, 2019Renault-Nissan Set to Enter Auto Elite if Alliance Can Become Merger
A merger between longtime alliance partners Renault SA and Nissan Motor Co. would codify a global automotive pecking order dominated by three megaplayers, putting pressure on everyone else to bulk up or risk being left behind. They just need to find a way to agree.
April 29, 2019Trending
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