Nissan Motor Co Ltd

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Nissan Motor Co., Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales Financing 6segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales Financing segment handles sales finance and leasing business to support the sales activity of automobile business. The company was founded on December 26, 1933 and is headquartered in Yokohama, Japan.

The head of Nissan Motor Co's  China business and an executive tasked with leading its revival have emerged as two of the top candidates to take over as the next CEO of the troubled Japanese automaker, four people familiar with the matter said.

Nissan China head, turnaround executive among top candidates for CEO: sources

The next head of Nissan Motor Co will need to prioritize a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder Renault SA, executives and analysts say.

Recovery first: for next Nissan CEO, priority is profit before Renault partnership

Suddenly, Nissan CEO Hiroto Saikawa — who ordered the investigation into his former mentor — finds himself in the spotlight and standing accused of pocketing excess pay, too.

Nissan's abrupt CEO exit complicates turnaround efforts as corruption scandal spreads

Genève, le 9 septembre 2019 - STMicroelectronics (NYSE: STM), un leader mondial dont les clients couvrent toute la gamme des applications électroniques, a été sélectionné par Renault-Nissan-Mitsubishi (L’Alliance) pour fournir des solutions d’électronique de puissance en carbure de silicium (SiC — Silicon Carbide) à haut rendement utilisées dans les chargeurs embarqués (On Board Chargers — OBC) de pointe qui équiperont les futurs véhicules électriques.

STMicroelectronics fournira à Renault-Nissan-Mitsubishi des composants électroniques de puissance avancés en carbure de silicium (SiC) pour des chargeurs de batterie ultrarapides destinés à la nouvelle génération de véhicules électriques

Nissan's embattled CEO will step down on September 16 and will be temporarily replaced by Chief Operating Officer Yasuhiro Yamauchi.

Scandal at Nissan deepens as CEO Saikawa resigns after admitting he was improperly overpaid

Nissan Motor Co's   embattled chief executive will step down on Sept. 16 and will be temporarily replaced by Chief Operating Officer Yasuhiro Yamauchi, the automaker's board chairman said on Monday.

Nissan CEO Saikawa to step down on September 16

Nissan Motor Co's  nominations committee will discuss potential successors for Hiroto Saikawa at a meeting on Monday, a source said, as pressure deepened on the embattled chief executive after he admitted to improper compensation.

Nissan to discuss CEO Saikawa's successors at meeting on Monday: source

Nissan Motor Co's  nominating committee will discuss potential successors for Chief Executive Hiroto Saikawa at a meeting on Monday, after he privately signaled his readiness to resign, a source with knowledge of the matter said.

Nissan to discuss Saikawa successors at meeting on Monday: source

Nissan  Chief Executive Hiroto Saikawa said he wanted to "pass the baton" to the next generation as soon as possible, the Nikkei newspaper reported on Monday, as speculation mounted he could announce his resignation from the troubled automaker.

Nissan's Saikawa says he wants to 'pass the baton' as soon as possible: Nikkei

Nissan Motor Co  Chief Executive Hiroto Saikawa has told some executives he plans to resign, the Nikkei newspaper reported on Sunday, as he faces increasing pressure over corporate governance.

Nissan CEO Saikawa tells some executives he plans to resign: Nikkei

Nissan Motor Co  is considering pulling out of South Korea, the Financial Times reported on Friday, as political and trade tensions between Japan and South Korea have caused sales of Japanese products in the neighboring country to plummet.

Japan's Nissan mulls pulling out of South Korea as trade tensions rise: FT

Nissan Motor Co  is not currently considering asking embattled CEO Hiroto Saikawa to resign, two people with knowledge of the matter told Reuters on Friday, a day after he admitted to being overpaid in violation of internal procedures.

Nissan not currently considering asking CEO Saikawa to resign: sources

Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn.

Nissan probe finds CEO Saikawa, other executives overpaid: source

An internal probe at Nissan Motor Co has determined that Chief Executive Hiroto Saikawa and multiple other executives had received excess stock performance-related compensation in violation of company rules, a source said on Thursday.

Nissan CEO, others received excess compensation in violation of rules: source

Nissan Motor Co  Chief Executive Hiroto Saikawa admitted to misconduct involving stock-related compensation and said he planned to return the portion he had wrongfully received, Jiji news agency reported.

Nissan CEO Saikawa admits to misconduct in compensation: Jiji

A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his exit.

Executive's flight to PSA highlights Renault-Nissan tensions

Fiat Chrysler

Honda

Nissan Motor’s shares are trading 51% below their book value, paying 8.6% dividend.

Nissan, Honda, Fiat, And Daimler Trade At Deep Discount, Paying Hefty Dividends -- Should You Buy?

Let's see if Nissan Motor (NSANY) stock is a good choice for value-oriented investors right now from multiple angles.

Is Nissan Motor (NSANY) a Good Stock for Value Investors?

Nissan Motor Co's  premium brand Infiniti said it has named Taisuke Nakamura as its new design chief, replacing Karim Habib who resigned from the post.

Nissan's Infiniti names new design chief as another non-Japanese executive exits

Bayerische Motoren Werke AG

Nissan (NSANY), BMW (BAMXF) and Volkswagen (VWAGY) to popularize electric vehicles in South Africa.

Nissan-BMW to Reach Electric Car Concept to South Africa

Nissan and EVgo said Tuesday they will install another 200 DC fast chargers in the United States to support the growing number of consumers who are buying electric vehicles, including the new Nissan Leaf e+ that came to market earlier this year. The 100 kilowatt DC fast charging stations will have both CHAdeMO and CCS […]

Nissan and EVgo to add 200 fast chargers as more electric vehicles hit U.S. roads

Top executives at Nissan Motor Co  and Renault SA  are trying to reach a deal to reshape their global alliance, in hopes to revive Renault's merger talks with Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the discussions.

Nissan wants Renault to reduce its 43.4% stake in company: WSJ

The Japanese car company posted its worst quarter financially since the great recession.

Nissan to slash nearly 10% of its global workforce amid record low profits

Nissan more than doubled its planned job losses and unveiled fresh production cuts after reporting a 99% plunge in earnings.
The post Nissan's Pain Worsens On 99% Profit Plunge, 12,500 Job Cuts appeared first on Investor's Business Daily.

Nissan's Pain Worsens On 99% Profit Plunge, 12,500 Job Cuts

Firm refuses to say where cuts will fall but unions are hopeful for UK’s largest car plant

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