Nidec Corp. plans to more than triple its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, according to two people familiar with the matter. The world's leading maker of precision motors and a supplier of ...

Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said. Japan's second-biggest carmaker is set to eliminate at least 4,300 white-collar ...

At a two-day gathering for Honda's suppliers in March, Chief Executive Takahiro Hachigo sounded the alarm. At the Hotel Higashinihon in Utsunomiya, Tochigi Prefecture, Hachigo told them the automaker was facing a crisis after a string of costly recalls and other quality blunders and needed ...

Nissan Motor Co.'s premium brand Infiniti said it has named Taisuke Nakamura as its new design chief, replacing Karim Habib who resigned from the post. Canadian designer Habib, who spent only about two years in the role, is the latest non-Japanese senior executive to have ...

Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and SUVs crowding his dealership lot. The crux of the problem: a June 30 deadline for cars built to so-called China-5 emissions standards to ...

Announcing U.S. investment first was a strategy CEO Akio Toyoda felt the firm needed to pursue in order to avoid Trump’s wrath, meeting minutes showed.

Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition away from fossil fuels and shifting power to Asian suppliers ...

Sources with knowledge of Nissan Motor Co.'s probe into its former Chairman Carlos Ghosn have said that an individual involved in fresh misconduct allegations against Ghosn is Khaled Al-Juffali, vice chairman of one of Saudi Arabia's largest conglomerates and a member of the board ...

In sacking his long-time mentor, Carlos Ghosn, as chairman of Nissan Motor Co., CEO Hiroto Saikawa has only bolstered his reputation for being a tough leader unafraid to antagonize people in the interests of business. Thursday's board decision to oust Ghosn, one of the most ...

Long stuck in China’s second-tier, Nissan and Dongfeng Group plan to boost their volume to 2.6 million vehicles a year by 2022.