Business / Corporate Feb 17, 2019
Nissan governance committee to propose limits on chairman post
The committee was set up after the arrest of former Chairman Carlos Ghosn, who is awaiting trial for alleged financial misconduct.
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Business / Corporate Feb 16, 2019
Nissan asked Japanese government for help avoiding merger with Renault: WSJ
Nissan Motor Co. asked the Japanese government for help in fending off a proposal to merge with Renault SA, The Wall Street Journal reported Friday. The request by the Japanese automaker was made months before the arrest of former Nissan and Renault Chairman Carlos Ghosn ...
Business Feb 16, 2019
Nissan and Renault to prevent next leader from having too much power over auto alliance
Nissan CEO Hiroto Saikawa and new Renault Chairman Jean-Dominique Senard held their second day of talks in Japan on Friday.
Business Feb 13, 2019
Japan's auto labor unions submit requests, kicking off annual spring wage talks
Annual spring wage negotiations got into full swing Wednesday as labor unions from Japan's major automakers submitted their requests to management amid an uncertain global economic outlook. This year, Toyota Motor Corp.'s union, seen as the industry's trendsetter, did not present a specific target for ...
Business / Tech Feb 13, 2019
40 countries, including Japan and EU, agree to mandate automatic braking systems for new cars
Forty countries led by Japan and the European Union — but not the U.S. or China — have agreed to require new cars and light commercial vehicles to be equipped with automated braking systems starting as soon as next year, a U.N. agency said ...
Business / Corporate Feb 12, 2019
by Kazuaki Nagata
The automaker also slashed its full-year profit forecasts amid sluggish demand in the North America market and other markets worldwide.
Business / Corporate Feb 12, 2019
Nissan CEO Saikawa and new Renault chief Senard to discuss post-Ghosn alliance in Japan this week
Nissan CEO Hiroto Saikawa said Tuesday he plans to meet the new Renault SA chairman in Japan soon, with the focus of the talks apparently to be on the future of the alliance following the arrest of the two carmakers' former chairman, Carlos Ghosn. The ...
Business / Corporate Feb 11, 2019
The Ghosn effect? Nissan and Renault set to unveil first post-crisis results
What kind of financial blow has the widening scandal surrounding Carlos Ghosn delivered to Nissan Motor Co. and Renault SA? Investors are about to get a glimpse when closely watched earnings releases come out this week. The alliance partners have spent the last two months ...
Business Feb 7, 2019
Nissan blow leads to regret and defiance in a Brexit heartland
by Joe Mayes
Lisa Roley has worked at Nissan Motor Co.'s car plant in Sunderland, U.K., for the past two decades. Like the majority of people in the city, she also voted to leave the European Union in 2016. A day after the Japanese manufacturing giant pointed a ...
Business / Corporate Feb 7, 2019
Subaru cuts fiscal 2018 earnings forecast after plant shutdown due to power-steering defect
Subaru Corp. said Thursday it had revised downward its full-year group earnings forecast for the current business year, which runs through March, amid declining production and sales, after it temporarily shut down a factory over a power-steering defect on certain models. The automaker expects group ...
Business / Corporate Feb 7, 2019
After Ghosn, Nissan no longer willing to share a chairman with partner Renault, says source
It’s the strongest sign yet of the challenges facing the Franco-Japanese partnership as the sides try to forge a fresh path.
Business Feb 6, 2019
Fiat Chrysler recalls over 660,000 heavy-duty Ram trucks over steering failures
Fiat Chrysler is recalling over 660,000 heavy-duty trucks worldwide because a loose nut can cause a loss of steering control. The recall covers Ram 3500 pickups from 2013 through 2017, as well as 2500 pickups and 3500 Chassis cabs from 2014 through 2017. The company says ...