Nissan gives U.S. workers two unpaid days off as America sales slump
Nissan Motor Co. is making its U.S. factory and office employees take two days off without pay amid slumping sales. The company's U.S. sales this year are down 7.8 percent through November. Nissan says nearly all of its 21,000 U.S. workers must take Jan. 2 and ...
New law strengthens independent checks on major firms in Japan
A new law strengthens independent checks on major listed firms by obliging them to have outsiders on their board of directors and make executive compensation more transparent.
Carmakers shedding 80,000 jobs globally as electric era upends industry
It's turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology, with Daimler AG and Audi announcing almost 20,000 job cuts in just the past week. All told, carmakers ...
New Nissan chief Makoto Uchida vows to turn around the embattled automaker
A new three-way leadership structure is designed to avoid the mistakes made during the Carlos Ghosn era.
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 invests ¥33 billion in production to prepare for electric age
Nissan is investing ¥33 billion ($303 million) in its flagship auto plant in Tochigi Prefecture in a first rollout of a production system geared toward electric vehicles. Nissan Motor Co. Executive Vice President Hideyuki Sakamoto said Thursday that manufacturing methods must change because vehicles increasingly ...
Nissan to invest ¥33 billion on advanced manufacturing technology
Nissan Motor Co. said Thursday it will invest ¥33 billion ($301 million) to introduce advanced manufacturing technology at a plant in Japan to tackle the challenges of producing next-generation vehicles such as electric, intelligent and connected cars. Nissan plans to introduce the manufacturing technology at ...
Carlos Ghosn's wife wants him to go on trial in France, says he won't get a fair hearing in Japan
A year after the dramatic arrest of Carlos Ghosn, his wife, Carole, said the fallen auto titan should face trial in France because he won't be given a fair hearing in Tokyo. Japan has a "hostage justice system" that considers those who are charged "guilty ...
For Japanese firms, U.K. election win by Boris Johnson unlikely to assuage 'hard Brexit' fears
The likely re-election of Prime Minister Boris Johnson will not end the Brexit uncertainty for Japanese firms that are also worried about the impact of his "hard Brexit" vision for the country, according to trade experts. Polls indicate Johnson's Conservative Party will win a majority ...
From racetrack to showroom: Cars of the future profit from Formula E breakthroughs
Not every advance in electric-vehicle technology takes place inside the sterile calm of a research laboratory. BMW AG, Volkswagen AG's Audi and a Silicon Valley-based battery maker are helping push the boundaries by racing battery-powered cars through Saudi Arabia, New York, London and Seoul at ...
Slumping vehicle sales hit employment in Japan's auto sector
Slumping vehicle sales are starting to take a toll on the employment situation in the automotive industry. Since Nov. 8, Mazda Motor Corp. has stopped soliciting new workers on fixed-term contracts at its head office plants in Hiroshima Prefecture, which mainly manufacture finished vehicles, and ...
Tokyo court finally permits Ghosn to talk with his wife by video call
After an eight-month ban on such contact, Nissan's former Chairman Carlos Ghosn is now allowed to talk to his wife while he awaits trial on financial misconduct charges. Requests by his defense team for the couple to be allowed to communicate had been rejected six ...
