Showing 1 - 10 of 71
Nissan ‘calls off Honda merger talks’
Reuters and Bloomberg, Published on 05/02/2025
» TOKYO - Nissan Motor Co has called off merger talks with Japanese rival Honda, the Nikkei newspaper said, abandoning a tie-up that would have created the world’s third-largest automaker and raising questions about its ability to ride out a crisis on its own.
Nissan to cut 9,000 jobs, announces restructuring
Bloomberg News, Published on 07/11/2024
» TOKYO — Nissan Motor Company lowered its annual profit outlook, announced plans to cut 9,000 jobs and reduce capacity by 20%, as it seeks to cope with deteriorating sales in major markets.
Rough week for equities as central banks talk tough
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 24/06/2023
» RECAP: Asian stocks slumped in line with global equity markets, which have seen their worst week this year, as a string of hawkish central bank surprises made investors nervous about the economic cost of taming inflation.
Top executive quits Nissan in new leadership turmoil
AFP, Published on 16/06/2023
» TOKYO: Nissan top executive Ashwani Gupta is leaving the company, the Japanese automaker said Friday, in a surprise departure that will revive concerns about the stability of the firm's leadership.
Renault, Nissan boards approve 'rebalanced' alliance
AFP, Published on 06/02/2023
» LONDON - The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their rocky 24-year alliance following months of negotiations, the companies said on Monday.
Renault to reduce stake in Nissan, rebalancing alliance
AFP, Published on 30/01/2023
» TOKYO - French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.
Renault sales dip further
Business, Reuters, Published on 23/04/2021
» PARIS: Renault SA's sales fell for a fifth straight quarter as the French carmaker struggled to shrug off the fallout from the pandemic without a major presence in booming Chinese markets and a global shortage of electronic chips hit production.
Nissan's Unlikely CEO Guides Car Maker in Post-Ghosn Era
Business, Sean McLain, Published on 15/03/2021
» Makoto Uchida was the dark horse in the race to be Nissan Motor Co.'s latest chief executive officer.
Turkey sentences three to jail for helping Ghosn flee Japan
AFP, Published on 24/02/2021
» ISTANBUL: An Istanbul court on Wednesday sentenced three Turks to four years and two months in prison for helping smuggle former Nissan boss Carlos Ghosn in a musical instrument case to Lebanon from Japan.
Ex-Nissan CEO testifies in Ghosn-linked Tokyo court case
AFP, Published on 24/02/2021
» TOKYO - Nissan's former CEO appeared in a Tokyo court on Wednesday in the trial of Greg Kelly, a former aide to Carlos Ghosn facing charges of financial misconduct.