Jul 27, 2016

Nissan profit declines 11% on stronger yen, Japan deliveries

Nissan Motor Co. posted a 11 percent drop in quarterly profit as a stronger yen eroded overseas earnings and domestic sales of minicars supplied by Mitsubishi Motors Corp. slumped after a mileage scandal. Net income in the quarter through June declined to ¥136.4 billion ...

Jul 1, 2016

Mitsubishi Motors, Nissan restart sales of scandal-affected minicars

Mitsubishi Motors Corp. and Nissan Motor Co. restarted sales of Mitsubishi-produced minicar models on Friday after a 2½-month hiatus following the revelation of fuel-economy data manipulations for the vehicles. Mitsubishi Motors began receiving orders for the eK Wagon and eK Space, with delivery beginning ...

Jun 25, 2016

Nissan unit sues South Korea ministry over alleged emissions cheating

A unit of Nissan Motor Co. has sued South Korea’s Environment Ministry over the alleged emissions manipulation for the Qashqai diesel engine car, Nissan group officials said Friday. Nissan Korea Co. filed the suit with the Seoul Administrative Court on Thursday, disputing the ministry’s ...

Nissan CEO Ghosn's pay tops ¥1 billion for second year

Jun 22, 2016

Nissan CEO Ghosn's pay tops ¥1 billion for second year

Nissan Motor Co. President Carlos Ghosn, one of Japan’s best-paid executives, received more than ¥1 billion ($9.58 million) in pay for the second straight year after the carmaker’s profit climbed to a record. Ghosn, 62, was paid a total of ¥1.07 billion for the ...