Nissan Motor Co
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Nissan Unveils $18 Billion Electrification Push In Bid To Draw Level With Rivals
Nissan Motor Co announced it will spend 2 trillion yen ($17.59 billion) over five years to accelerate vehicle electrification to catch up with competitors in one of the fastest growth areas for car makers. This is the first time Japan's No.3 automaker, one of the world's first mass-market electric vehicle (EV) makers with its Leaf model more than a...
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Japan Automakers Post 2.1 Per Cent Dip In September Global Sales
Japan's seven major automakers including Toyota Motor Corp, Nissan Motor Co, Honda, Mitsubishi among others sold a combined 2.3 million vehicles last month globally, according to Reuters calculations based on sales data released by the companies.
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Nissan To Launch Slew Of New Vehicles In China Over Next Five Years; Says CEO
Nissan plans to launcha slew of new vehicles in the Chinese market over the next five years.
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Japan Backs Nearly A Third Of $6.6 Billion Loans To Nissan
The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans. The automaker, seeking to return to profitability and stop bleeding cash, has secured 350 billion yen from it...
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Nissan Sees Bigger Role For U.S., China Markets In Global Car Sales
Nissan Motor Co expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker strategises to recover profitability, two people with knowledge of the issue said. Nissan aims to grow contributions from its biggest markets, China and the United States, to about a third e...
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Nissan To Retrench Further In New Plan To Focus On U.S., Japan, China
Pursuit of market share, particularly in the United States, led to steep discounting and a cheapened brand. Under the new, three-year plan - reported here for the first time - Nissan aims to restore dealer ties and refresh lineups to regain pricing power and profitability, the people told Reuters.
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Nissan On Gradual Recovery Path, Incoming CEO Uchida Tells Staff
Nissan Motor Co's incoming chief executive Makoto Uchida told employees on Friday that his mission is to "restore business performance and regain trust in Nissan." "Nissan is on the right path for recovery ... although it might be a gradual process," Uchida, who is Nissan's China chief, said in a video message posted on an internal company website....
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Nissan Chief Executive Saikawa Bows To Pressure, To Quit As CEO On September 16
Nissan Motor Co CEO Hiroto Saikawa will resign on Sept. 16, the automaker said on Monday, bowing to pressure after he admitted to being improperly overpaid and marking further upheaval at a company battered by scandal and plunging profit. Saikawa, who admitted to the overpayment last week, will be temporarily replaced by Chief Operating Officer Yas...
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Nissan To Discuss Saikawa Successors At Meeting On Monday
Nissan Motor Co's nominating committee will discuss potential successors for Chief Executive Hiroto Saikawa at a meeting on Monday, after he privately signaled his readiness to resign, a source with knowledge of the matter said. The resignation of Saikawa, a protege of former chairman Carlos Ghosn, would mark the latest upheaval over governance at ...
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Nissan Not Considering Asking CEO Saikawa To Resign At The Moment
Nissan Motor Co is not considering asking embattled Chief Executive Hiroto Saikawa to resign now, two people with knowledge of the matter told Reuters on Friday, a day after he admitted to being overpaid in violation of internal procedures.
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Renault To Propose Joint Holding Company With Nissan
The proposal was first reported on Friday by the Nikkei business daily, which said that Renault expects to soon put a plan to Nissan under which ordinary shares in both automakers would be transferred to the new company on a balanced basis.
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Ex-Nissan Boss Carlos Ghosn To Be Indicted On Additional Charge: Report
Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd boss Carlos Ghosn on an additional charge of aggravated breach of trust as early as Monday, when his current detention period expires, public broadcaster NHK reported on Friday.
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Nissan Panel Says Facts Point To Legal Violations By Ousted Chairman
An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn.
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Carlos Ghosn Arrested Again Day After Japan Court Rejected Detention
Japanese prosecutors re-arrested former Nissan boss Carlos Ghosn over fresh allegations apparently dashing his hopes of early release in the latest twist to a rollercoaster saga.
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Nissan Ex-Chairman Carlos Ghosn To Be Indicted Monday: Nikkei
Tokyo prosecutors plan to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on Monday for financial misconduct, the Nikkei business daily reported, ratcheting up their case against the auto tycoon. Prosecutors also plan to indict on the same day former representative director Greg Kelly as well as the automaker itself, the Nikkei said today, ...
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Nissan Unveils $18 Billion Electrification Push In Bid To Draw Level With Rivals
Nissan Motor Co announced it will spend 2 trillion yen ($17.59 billion) over five years to accelerate vehicle electrification to catch up with competitors in one of the fastest growth areas for car makers. This is the first time Japan's No.3 automaker, one of the world's first mass-market electric vehicle (EV) makers with its Leaf model more than a...
-
Japan Automakers Post 2.1 Per Cent Dip In September Global Sales
Japan's seven major automakers including Toyota Motor Corp, Nissan Motor Co, Honda, Mitsubishi among others sold a combined 2.3 million vehicles last month globally, according to Reuters calculations based on sales data released by the companies.
-
Nissan To Launch Slew Of New Vehicles In China Over Next Five Years; Says CEO
Nissan plans to launcha slew of new vehicles in the Chinese market over the next five years.
-
Japan Backs Nearly A Third Of $6.6 Billion Loans To Nissan
The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans. The automaker, seeking to return to profitability and stop bleeding cash, has secured 350 billion yen from it...
-
Nissan Sees Bigger Role For U.S., China Markets In Global Car Sales
Nissan Motor Co expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker strategises to recover profitability, two people with knowledge of the issue said. Nissan aims to grow contributions from its biggest markets, China and the United States, to about a third e...
-
Nissan To Retrench Further In New Plan To Focus On U.S., Japan, China
Pursuit of market share, particularly in the United States, led to steep discounting and a cheapened brand. Under the new, three-year plan - reported here for the first time - Nissan aims to restore dealer ties and refresh lineups to regain pricing power and profitability, the people told Reuters.
-
Nissan On Gradual Recovery Path, Incoming CEO Uchida Tells Staff
Nissan Motor Co's incoming chief executive Makoto Uchida told employees on Friday that his mission is to "restore business performance and regain trust in Nissan." "Nissan is on the right path for recovery ... although it might be a gradual process," Uchida, who is Nissan's China chief, said in a video message posted on an internal company website....
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Nissan Chief Executive Saikawa Bows To Pressure, To Quit As CEO On September 16
Nissan Motor Co CEO Hiroto Saikawa will resign on Sept. 16, the automaker said on Monday, bowing to pressure after he admitted to being improperly overpaid and marking further upheaval at a company battered by scandal and plunging profit. Saikawa, who admitted to the overpayment last week, will be temporarily replaced by Chief Operating Officer Yas...
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Nissan To Discuss Saikawa Successors At Meeting On Monday
Nissan Motor Co's nominating committee will discuss potential successors for Chief Executive Hiroto Saikawa at a meeting on Monday, after he privately signaled his readiness to resign, a source with knowledge of the matter said. The resignation of Saikawa, a protege of former chairman Carlos Ghosn, would mark the latest upheaval over governance at ...
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Nissan Not Considering Asking CEO Saikawa To Resign At The Moment
Nissan Motor Co is not considering asking embattled Chief Executive Hiroto Saikawa to resign now, two people with knowledge of the matter told Reuters on Friday, a day after he admitted to being overpaid in violation of internal procedures.
-
Renault To Propose Joint Holding Company With Nissan
The proposal was first reported on Friday by the Nikkei business daily, which said that Renault expects to soon put a plan to Nissan under which ordinary shares in both automakers would be transferred to the new company on a balanced basis.
-
Ex-Nissan Boss Carlos Ghosn To Be Indicted On Additional Charge: Report
Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd boss Carlos Ghosn on an additional charge of aggravated breach of trust as early as Monday, when his current detention period expires, public broadcaster NHK reported on Friday.
-
Nissan Panel Says Facts Point To Legal Violations By Ousted Chairman
An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn.
-
Carlos Ghosn Arrested Again Day After Japan Court Rejected Detention
Japanese prosecutors re-arrested former Nissan boss Carlos Ghosn over fresh allegations apparently dashing his hopes of early release in the latest twist to a rollercoaster saga.
-
Nissan Ex-Chairman Carlos Ghosn To Be Indicted Monday: Nikkei
Tokyo prosecutors plan to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on Monday for financial misconduct, the Nikkei business daily reported, ratcheting up their case against the auto tycoon. Prosecutors also plan to indict on the same day former representative director Greg Kelly as well as the automaker itself, the Nikkei said today, ...
