Nissan chief executive Hiroto Saikawa will step down because of a scandal involving inflated stock-linked bonuses, thus deepening the turmoil that has enveloped the Japanese carmaker since the arrest of former chairman Carlos Ghosn.
Tue, 10 Sep, 2019
Global carmakers as diverse as Japan’s Nissan, Germany’s Mercedes Benz-maker Daimler, and British-based Aston Martin, in new warnings about sales slowdowns, showed the huge challenges facing the industry as they try to buy time to invest in the new generation of electric and self-driving cars.
Wed, 24 Jul, 2019
Ma Jie and Kae Inoue Carlos Ghosn’s arrest is triggering a reckoning at the Japanese carmaker he once saved from near bankruptcy, with Nissan reviewing its global operations and relationships with key dealers as part of an expanding investigation into the car titan’s alleged misdeeds.
Thu, 24 Jan, 2019
Japanese lorry maker Mitsubishi Fuso Truck and Bus Corporation today announced it was recalling as many as 45,000 vehicles because of a faulty wheel part which police are investigating in connection with dozens of accidents, including a fatal one.
Thu, 11 Mar, 2004