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Nissan’s worsening performance has heaped pressure on Uchida, formerly Nissan’s China chief who became its third CEO since September, to come up with aggressive steps to revive the company. On Tuesday, Uchida, who was repeatedly heckled by shareholders, said…
Nissan Motor said on Tuesday it is considering restarting production in China in its venture with Dongfeng Motor Group sometime after Feb. 10, citing government guidance and its assessment of the coronavirus epidemic. The Japanese carmaker also said…
he comments from Jean-Dominique Senard point to an emphasis on more cooperation and operational efficiency as the automakers and junior partner Mitsubishi Motors Corp strive to rebuild profits, which have slumped in the wake of former chairman Carlos Ghosn’s…
Japan’s markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday. Nissan’s former Chairman…
Nissan Motor Co is committed to its automaking alliance with Renault SA but will not look to deepen its capital ties with the French automaker any time soon, its new CEO said on Monday. On his first day in the new position, chief executive Makoto Uchida also…
Japan’s Nissan Motor has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. The leak into internal circuit boards will trigger a warning to drivers,…
Nissan Motor reported a 70% drop in quarterly profit on Tuesday and cut its full-year forecast to an 11-year low, hit by a strong yen and falling sales, and highlighting the turmoil at the Japanese automaker after the ouster of Carlos Ghosn. The latest weak…
Nissan Motor Company has appointed Makoto Uchida as its new chief executive officer (CEO). Uchida has been serving as a senior vice president in the company along with being the president of Dongfeng Motor Company. The Japanese carmaker has also appointed…
Nissan and EDF have partnered to accelerate the delivery of electric mobility in the United Kingdom, France, Belgium and Italy and will be adopting smart charging of electric vehicles in these markets. The new agreement will be primarily focusing on the…
Nissan Motor is considering pulling out of South Korea, the Financial Times reported on Friday, as political and trade tensions between Japan and South Korea have caused sales of Japanese products in the neighboring country to plummet. Nissan and other…
Nissan today announced the appointment of Rakesh Srivastava as Managing Director, Nissan Motor India and will report to Sinan Ozkok, President of Nissan India Operations. Rakesh joins Nissan after having worked as Director in charge of electric vehicle…
Japanese auto giant Nissan announced earlier this week that it will downsize its workforce globally by firing 12,500 employees. This includes the manufacturer’s India operations as well. A report by ETAuto now states that over 1700 employees from the Indian…
Nissan Motor Co unveiled its biggest restructuring plan in a decade, axing nearly a tenth of its workforce and flagging possible plant closures to rein in costs that ballooned when Carlos Ghosn was CEO. The cuts announced on Thursday followed a collapse in…
France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker’s alliance with Nissan, Finance Minister Bruno Le Maire said Saturday. He was speaking in Japan after Italian-US carmaker Fiat Chrysler pulled the plug on…
Nissan found out about Renault’s merger talks with Fiat Chrysler just days before they became public, four sources told Reuters, stoking fears at the Japanese carmaker that a deal could further weaken its position in a 20-year alliance with Renault. Nissan…
Cyclone Fani has been devastating for people in Odisha and several vehicles have gotten damaged as well. Carmakers are running special service program for their customers in Odisha. Nissan India has also stepped forward to extend support to its customers…
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