October 26, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Greg Kelly Nissan

    Former Nissan executive Greg Kelly to stand trial from September 15

    The trial of Nissan Motor’s former executive Greg Kelly, who is charged with conspiring to under-report the earnings of its former chairman Carlos Ghosn, has been set to start on September 15, public broadcaster NHK said on Thursday. Former Nissan CEO Hiroto Saikawa will be one of those who will appear at the hearing at […]

    Nissan
    Carlos Ghosn pictures

    Nissan email trail supports claims of Carlos Ghosn about takedown

    Former Nissan CEO Carlos Ghosn always said he was set up and now there’s some evidence to support the businessman’s claim. According to people knowledgeable with what happened and previously unreported internal correspondence, the campaign by top Nissan Motor executives to overthrow one of the most celebrated leaders in the automotive industry started nearly a […]

    Nissan , Renault
    Hiroto Saikawa

    Nissan Motor retains Saikawa as CEO

    Nissan Motor stated Friday that Hiroto Saikawa would remain as chief executive, backing the protege of former chairman Carlos Ghosn even as top shareholder Renault had previously pushed for a modification in the Japanese automaker’s leadership. Saikawa’s re-appointment is likely to be observed as a rebuff to Renault SA, which has pushed for leadership modifications […]

    Nissan
    Nissan Motor logo

    Nissan projects the weakest profit in a decade

    Nissan Motor attempting to rebuild its deteriorated reputation over failed corporate governance after the criminal investigation of two former executives, slash its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade. At a news conference Tuesday at Nissan’s headquarters in Yokohama, CEO Hiroto Saikawa stated operating profit […]

    Nissan
    Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

    Nissan, Renault, Mitsubishi Motors hold the first meeting of new management body in France

    The new management body of Nissan Motor, Renault SA and Mitsubishi Motors held its first meeting Friday and started discussing ways to improve the alliance following multiple arrests of former Chairman Carlos Ghosn. Nissan CEO Hiroto Saikawa, Renault CEO Thierry Bollore and Mitsubishi Motors CEO Masuko Osamu participated in the meeting, which was chaired by […]

    Mitsubishi , Nissan , Renault
    2017 Nissan GT-R NISMO

    Nissan shareholders oust Carlos Ghosn as a director

    Nissan shareholders ousted Carlos Ghosn as a director on Monday, severing his last tie with the automaker he rescued from near-bankruptcy about 20 years and from which he is now alleged of siphoning funds. Days after Ghosn’s recent arrest in Tokyo, shareholders gathered for an extraordinary meeting, showing bafflement and disquiet about increasing allegations of […]

    Nissan
    Carlos Ghosn Renault-Nissan

    Nissan panel states facts point to legal violations by Carlos Ghosn

    An external committee evaluating governance at Nissan Motor stated on Wednesday there were enough facts to assume violations of laws and the private use of company funds by former chairman Carlos Ghosn. After a three-month audit of Nissan’s governance following a scandal that shook the worldwide auto industry, the committee put the blame directly on […]

    Nissan , Renault
    Hiroto Saikawa

    Nissan CEO is not aware of a possible bid for FCA

    Nissan Motor CEO Hiroto Saikawa stated on Thursday he has not heard of discussions about the possibility that its French partner Renault SA was thinking about a bid for Fiat Chrysler Automobiles (FCA). When inquired by reporters whether he had heard about the discussions, cited in a media report the recently, Saikawa answered: “Not at […]

    Chrysler , Nissan
    Renault-Nissan logo

    Renault’s Senard to meet Nissan CEO Saikawa this week

    Renault’s chairman will meet Nissan’s CEO this week in Japan as they look forward to cement their collaboration after the elimination of former alliance leader Carlos Ghosn, the Japanese automaker stated on Tuesday. Jean-Dominique Senard, named chairman of the French automaker last month, is going to visit Nissan’s headquarters located in Yokohama to meet the […]

    Nissan , Renault
    Hiroto Saikawa

    Nissan CEO looks forward to talks with new Renault chairman on Thursday

    Nissan Motor CEO Hiroto Saikawa is intending to hold his first in person conversation with new Renault SA Chairman Jean-Dominique Senard on the sidelines of an alliance meeting in the Netherlands on Thursday, NHK reported. “I want to utilize the opportunity as high as possible to talk with him,” Saikawa informed reporters on Wednesday in […]

    Nissan
    Renault-Nissan logo

    Nissan CEO meets Renault’s acting boss

    Nissan Motor on Thursday stated CEO Hiroto Saikawa had held a one-on-one meeting with the acting boss of its partner Renault during talks between the alliance that took place in Amsterdam this week. Nissan stated that Saikawa characterized the discussion with Renault Deputy CEO Thierry Bollore as “positive” and “productive”. The Japanese automaker was ready […]

    Press Releases
    Renault-Nissan logo

    Renault-Nissan leaders to hold talks during a two day meeting

    The head of Nissan Motor and acting CEO of Renault will hold talks during a two day meeting of their automaking partnership starting on Tuesday, sources stated, amid a crisis in relations rocked by the arrest of Carlos Ghosn. Nissan CEO Hiroto Saikawa is going to meet Renault deputy CEO Thierry Bollore. It is their […]

    Nissan , Renault
    Nissan Motor logo

    Nissan calls on Renault to listen them on Ghosn allegations

    Nissan Motor’s CEO called on directors at alliance partner Renault to listen its reasons for eliminating former Chairman Carlos Ghosn over alleged financial misconduct in middle of tensions over how to manage the fallout from his arrest. Renault’s interim chairman Philippe Lagayette stated on Friday that its board was not thinking about replacing Ghosn, who […]

    Nissan , Renault
    Nissan 370Z pictures

    Nissan blamed Ghosn investigation for CEO no-show in Amsterdam

    Nissan informed Renault its CEO Hiroto Saikawa was not able to attend an Amsterdam meeting as he was helping Tokyo prosecutors investigating alleged misconduct led by Carlos Ghosn, chairman of the automakers’ alliance, sources with knowledge of the issue informed Reuters. Renault was told by a Nissan representative this week that “Saikawa was unable to […]

    Nissan
    Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

    Mitsubishi says Nissan-Renault alliance is able to survive turmoil

    A senior executive at Mitsubishi Motors stated on Tuesday its alliance with Nissan and Renault is able to survive management upheaval, a day following elimination of Carlos Ghosn as chairman over financial misconduct allegations. The future of the 19-year alliance, among the biggest automotive groups in the world, has been thrown into doubt following the […]

    Mitsubishi , Nissan , Renault

    If you're planning an Off-Road Adventure into the outback, as a minimum, you’ll need an air compressor. Be sure to read this guide to choose the best off road 12 volt air compressor.