Business Nov 17, 2020

Carlos Ghosn’s grand alliance showing cracks two years after his arrest

Nissan is exploring ways to sell some or all of its 34% stake in Mitsubishi Motors.

Business / Corporate Mar 4, 2020

Nissan faces more pain before gain as business hit further by coronavirus, new CEO says

CEO Makoto Uchida promised to unveil a turnaround plan in May, on top of cutting more than 12,500 jobs amid decade-low profits and management turmoil caused by Carlos Ghosn’s 2018 arrest.

Business / Corporate Sep 15, 2019

How Nissan CEO Hiroto Saikawa went from defiant to fired in 24 hours

Hiroto Saikawa's tone bordered on defiant on Sept. 8 when discussing his future as chief executive officer of Nissan Motor Co. He accepted responsibility for the Carlos Ghosn scandals and said he'd resign after a successor was found, but he wasn't taking the fall ...

Business / Corporate Sep 4, 2019

Anime, manga, pro-wrestling? Tokyo firm hopes Japan's next big cultural export comes from inside the ring

If one Japanese business has its way, wrestlers will be the next hit entertainment export from the country that introduced the world to Hello Kitty and animation sci-fi films such as "Akira." But instead of sumo, think theatrical choke holds and acrobatic throws in a ...

Business / Tech Aug 1, 2019

Japan parts makers literally reinventing the wheel to keep up with shift to autonomous cars

The car industry is reinventing the wheel to prepare for autonomous vehicles. Sumitomo Rubber Industries Ltd., whose roots stretch back to when Henry Ford was building his Model T, is developing a "smart tire" that can monitor its own air pressure and temperature, and eventually ...

Business / Corporate May 13, 2019

Nissan pushes back on Renault's renewed efforts to merge

Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions. Talks have been ongoing since Renault Chairman Jean-Dominique Senard ...

Business / Corporate Jan 18, 2019

In shadow of Ghosn saga, Nissan may scrap chairman role to prevent concentration of power, director says

Two months after the arrest of its chairman stunned Nissan Motor Co. and the entire global automotive industry, the carmaker is weighing abolishing the role altogether as it steps up reforms to rebuild its governance. Carlos Ghosn's downfall — the auto titan is accused of ...

Business Jul 31, 2017

Japan's 'Monkey Bike' nears extinction as country cuts tailpipe emissions

Inside the maze of fishmongers and sushi shops of Tokyo's Tsukiji district, buyers and tourists are assailed by more than just the smell of fresh seafood. There's also the incessant buzzing. Starting before dawn, the world's biggest fish market resounds with the noise of scooters ...

Business / Corporate Jun 25, 2017

Takata bankruptcy filing might put auto industry's biggest recall at risk

The expected bankruptcy of troubled air bag maker Takata Corp. isn’t just a crisis for its employees and suppliers — it also throws a wild card into one of the most complicated recalls in automotive history.