Nissan Motor said on Friday a report by the Nikkei that it would slash production this year was “completely incorrect” and that it had lodged a complaint with the business daily, in an unusually strong denial of a media report in Japan. The comment came after the Nikkei,
Nissan Motor on Tuesday threw cold water on hopes for a quick fix to strained relations with France’s Renault, saying inequality between the partners could unravel their two-decade-old automaking alliance.
Nissan Motor forecast a 28% drop in its annual operating profit, setting it up for the weakest earnings in 11 years and underscoring its struggle to turn the page after the ouster of former Chairman Carlos Ghosn. The lacklustre performance at Japan’s No.2 automaker, which has been hit hard by Ghosn’s arrest last year,
The wife of ousted Nissan Chairman Carlos Ghosn has again called on world leaders, who have gathered in Japan for a G20 summit, to help raise the issue of her husband’s treatment in the country where he
Japanese authorities on Monday hit former Nissan boss Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth formal indictment against the auto sector tycoon.
Lawyers for former Nissan Motor Chairman Carlos Ghosn said on Tuesday they asked a Tokyo court that he stand trial for alleged financial wrongdoing separately from Nissan because the company is helping prosecutors.
The CEO of crisis-hit Japanese automaker Nissan plans to resign, reports said on Monday, as the firm’s board meets to discuss an audit launched after former chief Carlos Ghosn’s arrest over financial misconduct.
Nissan Motor Co is not currently considering asking embattled CEO Hiroto Saikawa to resign, two people with knowledge of the matter told Reuters on Friday, a day after he admitted
Under Japanese law, suspects can be held for up to 20 days before being indicted or released, and are not allowed to have their lawyers present during questioning by prosecutors. Once charged, defendants are often refused bail by courts.