Renault SA absorbing Nissan Motor and Mitsubishi Motors is not an alternative as the automakers seek to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn stated on Friday. “Anybody who will ask Nissan and Mitsubishi to become wholly owned subsidiaries of Renault has no chance of getting a result,” Ghosn informed shareholders
A second year of slowing development in the U.S. auto market is urging Japanese automakers to look beyond discounts to grow market share and focus more on increasing profitability in their largest market. Global automakers have been fighting for dominance in the world’s No. 2 market as yearly sales continue to move from a record
Improper evaluation practices at Nissan Motor had been going for at least 20 years, Japanese national broadcaster NHK reported. Nissan stated late on Thursday it was suspending domestic production of cars for the Japanese market for at least 2 weeks to deal with misconduct in its last assessment procedures, which it first revealed last month.
Nissan Motor is suspending domestic production of vehicles for the home market for a minimum of two weeks to resolve misconduct in its last inspection procedures that resulted in a significant recall, it stated on Thursday. The concern has stained Nissan’s brand in Japan, and together with a data falsification scandal at compatriot Kobe Steel
Nissan Motor prepares to recall 1.2 million cars in Japan after it found final vehicle evaluations were not performed by authorized professionals, it stated on Monday. Japan’s second-biggest car maker said the recall would cost it around 25 billion yen ($222 million) to re-inspect vehicles produced for the domestic market from October 2014 to September
Hiroto Saikawa has been recently promoted to CEO at Nissan Motor, Japan’s second-biggest automaker. The 63-year-old takes over in April from Carlos Ghosn, who engineered Nissan’s healing from years of losses and debt through broad cost-cutting and dismantling the generally close ties with providers – the informal keiretsu network once key to Japan Inc’s success.