NEWSWORTHY
Nissan CEO Hiroto Saikawa won't be charged over Ghosn's underreported pay, sources say
Prosecutors have decided not to indict Nissan Motor Co. CEO Hiroto Saikawa for his involvement in the alleged underreporting of former Chairman Carlos Ghosn's remuneration, sources close to the matter said Friday. A man in Tokyo had filed a complaint, alleging that Saikawa violated the ...
Nissan to offer navigated highway driving system with hands-free component starting in fall
Nissan Motor Co. said Thursday that from this fall it will start offering a system that allows navigated highway driving and hands-off single-lane driving, in the automaker's latest push toward self-driving vehicles. Nissan said its Skyline sedan for the Japanese market can be equipped with ...
Nissan faces mounting problems on its turnaround path, analysts say
The earnings report and forecast disclosed Tuesday by the automaker underscored a big problem after the arrest and ouster of former Chairman Carlos Ghosn— stabilizing its auto business.
Nissan projects weakest profit in a decade as Carlos Ghosn woes linger
Nissan Motor Co., trying to rebuild its tarnished reputation over failed corporate governance following the criminal investigation of two former executives, cut its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade. At a news conference Tuesday ...
Macron gets it all wrong over Nissan
It's hard to fathom why France is still seeking a Renault merger, even after the idea helped bring down Carlos Ghosn.
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 ...
Lawyer for Ghosn says ex-Nissan boss received no money via Oman in bank accounts
Former Nissan Motor Co. Chairman Carlos Ghosn did not receive any money sent by the automaker through Oman to his personal accounts, according to his lawyer. "He doesn't have a company, he doesn't control a company there, formally or effectively," Junichiro Hironaka, the former global ...
With Carlos Ghosn out of picture, questions loom for Nissan amid falling sales and profits
Nissan is seeing sales volumes fall and profits tumble as its once revered former chairman, Carlos Ghosn, awaits trial on charges of financial misconduct. Nissan Motor Co. says it is beefing up corporate governance and sticking with its alliance with French partner Renault SA and ...
Carlos Ghosn's successor, Hiroto Saikawa, under siege from within as Nissan profit sinks
Nissan chief Hiroto Saikawa finds himself under pressure from several angles, including a drop in company profits and slumping U.S. sales.
Honda Motor Co.'s N-Box minivehicle topped Japan's new-vehicle sales rankings for the 20th consecutive month in April, industry data showed Friday. The N-Box, however, saw sales fall 2.5 percent from a year before to 19,396 units. The top three in the listing were all minivehicles, with ...
Nissan to lower midterm sales goal, sources say, in shift from Ghosn's expansionary policy
Nissan Motor Co. is planning to lower its midterm sales goal, in an apparent pivot from former Chairman Carlos Ghosn's expansionary policy, sources with knowledge of the matter said Thursday. The automaker is expected to announce the downward revision on Tuesday, when it is scheduled ...
