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NISSAN FINANCIAL TROUBLES
Nissan says it will not take new US orders for Mexican-built Infiniti SUVsNissan has halted new U.S. orders for its Mexican-built Infiniti QX50 and QX55 SUVs in response to President Trump’s 25% auto tariffs, sign...
Nissan says it will not take new US orders for Mexican-built Infiniti SUVsNissan Motor will halt new orders from the U.S. for two Mexican-built Infiniti SUVs due to tariffs imposed by President Trump. It will also...
Nissan picks chief planning officer Espinosa as successor for CEO Makoto UchidaNissan announced that Ivan Espinosa will take over as chief planning officer from April 1, succeeding Makoto Uchida. Uchida steps down amid...
Honda and Nissan officially agree to talk merger; eye sales of 30 tn yen via potential dealHonda, Nissan, and Mitsubishi are joining forces to tackle the EV market. The Japanese automakers signed an MoU to explore a merger, formin...
Honda and Nissan consider mutual production of vehiclesJapanese auto giants Honda and Nissan are exploring a major partnership. They may produce cars in each other's factories. Honda might suppl...
Honda, Nissan move to deepen ties, sources say, including possible mergerJapanese automakers Honda and Nissan are discussing the creation of a joint holding company to share resources and bolster their competitiv...
Top executive Ashwani Gupta quits Nissan in new leadership turmoilGupta was part of an executive troika announced in October 2019, as the company struggled to regain its footing following the arrest of for...
A dollar for an entire company? 5 dirt-cheap acquisition dealsHSBC Holdings has bought the UK subsidiary of Silicon Valley Bank for just one pound, on an immediate basis. US authorities took extraordin...
Nissan ex-chair Carlos Ghosn set on restoring reputationGhosn said he is trying to get Interpol to drop its red flag, which requests police worldwide to seek out and arrest persons wanted for pro...
Defiant Ghosn pins hopes on French probes to clear his nameIn an interview with The Associated Press, the embattled former chairman of the Renault-Nissan-Mitsubishi alliance dissected his legal trou...
France's Renault posts massive loss as global auto sales collapse due to pandemicRenault's loss compared with a profit of about 1 billion euros a year earlier. Its 35% drop in sales during the period was worse than the g...
Who's in charge at Nissan? COO's allies push to give him shared CEO roleThus far, Nissan Motor Co's 12-member board has no plan to change the roles of Chief Executive Makoto Uchida or his No. 2 Gupta, the source...
Who's in charge at Nissan? COO's allies push to give him shared CEO role: SourcesNissan responded in a statement to Reuters there are "no plans or consideration for any change in the management structure at Nissan, and n...
Eight months after Ghosn’s exit, Nissan remains stuck in a rutIn the 250 days since the arrest of former Chairman Carlos Ghosn for alleged financial crimes, focus has shifted to the deteriorating busin...
Carlos Ghosn exit sets stage for showdown over Renault-Nissan futureAn alliance meeting is planned for next week in Amsterdam, that may include Daimler, said a person with knowledge of the matter.
- US urges swift G7 actions to save global economy
The United States urged the leading industrialized nations to act swiftly to rescue the global economy as it readied measures to stimulate ...
- Japanese cos rev up Brit car industry
High Japanese investments have made British workforce competitive and factories capable of turning out a quality product at a reasonable pr...