Nissan Plans First Bond Sale Since Scandals After Leader Changes
Nissan Motor Co. is planning its first bond sale since scandals involving its ex-Chairman Carlos Ghosn and former CEO Hiroto Saikawa, according to people familiar with the matter.
Scandal-Hit Nissan’s Profits Crash Amid Lower Global Sales
TOKYO — Japanese automaker Nissan reported Nov. 12 that its July-September profit tumbled to half of what it earned the year before as sales and brand power crumbled following the arrest of its former chairman, Carlos Ghosn.
Nissan Names CFO, Shuffles Executives as New CEO Takes Over
Nissan Motor Co. unveiled the responsibilities of its new top managers, appointing a new chief financial officer and making other executive moves as the Japanese automaker seeks to turn a new page almost a year since the arrest of former Chairman Carlos Ghosn.
Nissan Ex-Chairman Ghosn’s Lawyers Want Charges Dismissed
TOKYO — The lawyers of former Nissan Chairman Carlos Ghosn, who is awaiting trial in Japan, said Oct. 24 they have requested that financial misconduct charges against him be dismissed.
At Tokyo Auto Show, Visions for Cars of the Future, but no Ghosn
TOKYO — The Tokyo Motor Show opens this week with plenty of futuristic technologies but absent one of the auto industry’s hugest influencers: Nissan’s former chairman, Carlos Ghosn.
Nissan Appoints Head of China Business to Be New CEO
TOKYO — Nissan has tapped the head of its China business, Makoto Uchida, as its new president and CEO to help lead a recovery from the leadership crisis and sinking profitability that followed the arrest of former Chairman Carlos Ghosn last year.
Nissan, Ghosn Fined $16 Million for Failing to Disclose Pay
Nissan Motor Co. and Carlos Ghosn will pay a combined $16 million to settle a U.S. regulator’s allegations that they failed to disclose more than $140 million in compensation that the automaker’s ex-chairman was slated to receive in retirement.
NHTSA Opens Probe Into Nissan Rogue Automatic Emergency Braking
DETROIT — The U.S. government’s road safety agency is investigating complaints that the automatic emergency braking on the Nissan Rogue can turn on for no apparent reason.
September 12, 2019Nissan CEO Ousted Over Pay Scandal
Nissan Motor Co. CEO Hiroto Saikawa will step down over a scandal involving inflated stock-linked bonuses, deepening the turmoil that’s enveloped the Japanese automaker since the arrest of former Chairman Carlos Ghosn.
Nissan Braces for Pain as Weak Profits Force Restructuring
Nissan Motor Co. confirmed reports of a 90% drop in quarterly operating profit and a broader restructuring a day before posting results, underscoring the Japanese automaker’s struggle to get back on stable footing.