Ex-Nissan CEO testifies against Ghosn in alleged financial misconduct
Hiroto Saikawa admitted during the trial of Greg Kelly, who was a close aide to Ghosn, that he signed documents outlining Ghosn's post-retirement remuneration in front of his boss.
Nissan email trail casts new light on takedown of Carlos Ghosn
The documents show that a powerful group of insiders viewed his detention and prosecution as an opportunity to revamp Nissan’s relationship with Renault.
Nissan warns about future of European plants as Brexit weighs
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group's car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand. The Sunderland site in England, which ...
Panel upholds decision not to indict ex-Nissan chief Hiroto Saikawa
A prosecution inquest panel has upheld a decision not to indict former Nissan Motor Co. chief Hiroto Saikawa over a case of financial misconduct allegedly involving ex-Chairman Carlos Ghosn, informed sources said. A man in Tokyo had asked the panel of ordinary citizens to review ...
Ghosn claims French envoy warned him of Nissan plot against him
Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him. "Frankly, I was shocked by the arrest and ...
Ghosn whistleblower Hari Nada reportedly under pressure to leave Nissan
The push to oust the Malaysian-born lawyer has the support of Renault.
Nissan CEO Hiroto Saikawa resigns; new chief to face challenge of reviving profit
Nissan Motor Co. CEO Hiroto Saikawa resigned from his post Monday after admitting to overpayment of remuneration and his successor, to be picked next month, will face immense pressure to revive profitability and repair ties with alliance partner Renault SA. Chief Operating Officer Yasuhiro Yamauchi, ...
Whoever takes over from Saikawa faces the tough challenge of normalizing Nissan's management as quickly as possible to allow the automaker to charter a path for its revival and start pouring its resources into crucial technologies such as autonomous driving.
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 ...
Nissan ousts CEO Hiroto Saikawa over pay scandal as carmaker's turmoil deepens
Less than a year since the dramatic downfall of Carlos Ghosn, Nissan Motor Co. is losing another leader. Chief Executive Officer Hiroto Saikawa was asked by the board on Monday to step down within seven days. He will be replaced by Chief Operating Officer Yasuhiro ...
Hiroto Saikawa's departure only adds to Nissan's uncertainty
Nissan Motor Co. has announced that CEO Hiroto Saikawa will step down next Monday, which will likely add another layer of dark clouds over the viability of the Yokohama-based automaker already mired in low profits, waning trust in corporate governance and a shaky alliance ...
Nissan CEO Hiroto Saikawa to step down, report says
Nissan Motor Co. CEO Hiroto Saikawa, whose tenure has been rocked by a scandal leading to the downfall of one of the most charismatic leaders in Japanese business and raising serious questions over the company's corporate governance, has expressed his intention to step down, ...
