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makoto uchida

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Nissan eyes return to profit in 2021 on back of resurgence in China

Business / Corporate Sep 27, 2020

Nissan eyes return to profit in 2021 on back of resurgence in China

by Emma O'Brien and Shiho Takezawa

The company, which in May reported its first fiscal year loss in a decade, is forecasting a strong recovery in the Chinese market by year-end.

Nissan sees sharp sales and profit drop as business struggles

Business / Corporate Jul 28, 2020

Nissan sees sharp sales and profit drop as business struggles

Nissan will shut three production lines and cut about 14,000 jobs globally, up from 12,500 announced a year ago.

More trouble at the top for Nissan, as COO Ashwani Gupta captures attention

Business / Corporate Jun 18, 2020

More trouble at the top for Nissan, as COO Ashwani Gupta captures attention

by Norihiko Shirouzu

Allies of the chief operating officer are pressing the board to promote him to co-CEO, so he can drive the turnaround plan he is said to have engineered.

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

Business / Corporate Mar 4, 2020

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

by Reed Stevenson and Masatsugu Horie

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.

Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround

Business / Corporate Feb 18, 2020

Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround

Nissan Motor Co.'s new chief executive said Tuesday he will accept being fired if he fails to turn around Japan's second-biggest automaker, which is grappling with plunging sales in the aftermath of the scandal surrounding former Chairman Carlos Ghosn. Addressing shareholders for the first time ...

Nissan's Brexit scenarios include closing European plants, report says

Business / Corporate Feb 3, 2020

Nissan's Brexit scenarios include closing European plants, report says

Japanese automaker Nissan Motor Co. has drafted a contingency plan to focus on its Sunderland plant in the U.K. and cut European production if a hard Brexit leads to tariffs on car imports from the continent, the Financial Times reported, citing two people involved ...

Inside Nissan, a renewed push to get Renault to cut its stake

Business / Corporate Jan 28, 2020

Inside Nissan, a renewed push to get Renault to cut its stake

by Reed Stevenson and Tsuyoshi Inajima

A proposal is being floated atop Nissan Motor Co. for the company to revive efforts to push Renault SA to reduce its stake in the Japanese carmaker and help balance the partnership, a person familiar with the matter said. The plan would involve both companies ...

Nissan bolsters task force to prepare for onslaught of criticism from Carlos Ghosn: sources

Business / Corporate Jan 7, 2020

Nissan bolsters task force to prepare for onslaught of criticism from Carlos Ghosn: sources

Nissan Motor Co. has strengthened a task force of senior officials ahead of an expected onslaught of criticism from former Chairman Carlos Ghosn following his dramatic escape from house arrest in Japan, three sources familiar with the matter said. Ghosn, who fled Japan to his ...

New Nissan CEO vows to improve corporate culture after Ghosn's rule

Business / Corporate Dec 13, 2019

New Nissan CEO vows to improve corporate culture after Ghosn's rule

New Nissan Motor Co. CEO Makoto Uchida vowed Friday to improve the automaker's corporate culture following the two-decade rule of former chairman Carlos Ghosn, who was arrested and ousted over financial misconduct allegations last year. "I will be committed (to my job) with the focus ...

New Nissan chief Makoto Uchida vows to turn around the embattled automaker

Business / Corporate Dec 2, 2019

New Nissan chief Makoto Uchida vows to turn around the embattled automaker

by Kazuaki Nagata

A new three-way leadership structure is designed to avoid the mistakes made during the Carlos Ghosn era.

Nissan, Renault and Mitsubishi to set up new company to develop advanced tech for next-generation vehicles

Business / Corporate Dec 2, 2019

Nissan, Renault and Mitsubishi to set up new company to develop advanced tech for next-generation vehicles

Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. have agreed to set up a new company to jointly develop advanced technologies for next-generation vehicles, according to sources familiar with the matter. The sources said Sunday the alliance wants to bolster cooperation after its leader, ...

Nissan names new CFO, shuffles execs ahead of CEO Makoto Uchida's arrival

Business Nov 1, 2019

Nissan names new CFO, shuffles execs ahead of CEO Makoto Uchida's arrival

Nissan Motor Co. unveiled the responsibilities of its new top managers, appointing a new chief financial officer and making other executive moves as the automaker seeks to turn a new page almost a year since the arrest of former Chairman Carlos Ghosn. Stephen Ma, corporate ...

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