YOKOHAMA Nissan Motor Co Ltd warned on Wednesday that first-quarter profit tumbled around 90% percent, a day before it is expected to announce more than 10,000 job cuts as the crisis deepens at Japan's second-largest automaker. | Video
TOKYO The self-driving car joint venture of SoftBank Corp and Toyota Motor will receive investment from a further five Japanese automakers, two sources familiar with the matter said, broadening backing for the all-Japan effort.
TOKYO Nissan Motor shareholders are widely expected to back Chief Executive Hiroto Saikawa at an annual general meeting on Tuesday, extending his tumultuous tenure at an automaker shaken by scandal and the loss of trust with alliance partner Renault.
TOKYO Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, a source said.
MONTREAL/TOKYO Japan's Mitsubishi Heavy Industries Ltd said on Wednesday it was holding talks to buy Bombardier Inc's regional jet program, sending the Canadian company's shares up 14%.
TOKYO, May 29 Nissan sees no major downside to
partnering with a combined Renault and Fiat Chrysler (FCA)
, it said on Wednesday in a lukewarm endorsement of the
proposed $35 billion tie-up, which would complicate an already
TOKYO Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA), it said on Wednesday in a lukewarm endorsement of the proposed $35 billion tie-up, which would complicate an already uneasy alliance. | Video
TOKYO Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault had earlier pushed for a change in the Japanese automaker's leadership.