A French government delegation has told Tokyo that it would seek an integration of Renault and Nissan, most probably under the umbrella of a single holding company, the Nikkei noted on Sunday. The delegation, which consisted French government-designated Renault director Martin Vial, also stated that it wanted to name Nissan’s next chairman, according to the
Carlos Ghosn inappropriately received $9 million in compensation from a joint venture (JV) between Nissan Motor and Mitsubishi Motors, the Japanese automakers stated on Friday, raising the possibility of their ousted chairman facing a fresh charge of embezzlement. In the recent twist to the saga of the once-feted official’s fall from grace, the automakers have
Japanese automaker Nissan Motor will gradually quit selling diesel vehicles in Europe, in a further indication of weakening demand for those cars as customers fret over tax increase and looming bans and restrictions associated with diesel in many countries. A Nissan spokeswoman stated there would be a gradual withdrawal of diesel cars in the continent.
Nissan Motor’s premium brand Infiniti sold an overall of 17,578 automobiles in April, a boost of 12 percent from a year previously, which pushed the brand’s international sales in the first 4 months of 2017 to 84,947 vehicles, boost of 16 percent. The development in both April global sales and year-to-date volume came from the
Mitsubishi Motors stated an extra four Nissan executives would join its management team as Nissan grips its control over the smaller automaker where it took a controlling stake in 2016. The statement is part of Mitsubishi Motor’s efforts to reconstruct its management system after it confessed in 2016 that it had overemphasized the mileage on