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United Kingdom

Naomi Tajitsu

Nissan board nominees not broaching merger issue: member

23 May 2019

YOKOHAMA Nissan Motor Co is not considering the possibility of a merger with top shareholder Renault at the moment, and none of the nominees to the Japanese automaker's board are pressing to make it an issue now, an external director said on Thursday.

Nissan retains Saikawa as CEO, in likely rebuff of Renault

17 May 2019

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.

On the radar: Nissan stays cool on lidar tech, siding with Tesla

16 May 2019

YOKOHAMA Nissan Motor Co Ltd said on Thursday it would, for now, stick to self-driving technology which uses radar sensors and cameras, avoiding lidar or light-based sensors because of their high cost and limited capabilities.

Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh

15 May 2019

YOKOHAMA Nissan Motor Co forecast a 28% plunge in its annual operating profit, putting it on course for the weakest earnings in 11 years and underscoring its struggle to turn the page after former Chairman Carlos Ghosn was ousted. | Video

RPT-ANALYSIS-Nissan earnings slide fuels Renault deal pressure

15 May 2019

PARIS/TOKYO, May 14 Renault is quietly pushing for a change of Nissan leadership as a prelude to merger talks, sources at both companies said, after the Japanese carmaker warned of a further earnings slide in the wake of the Carlos Ghosn scandal.

Nissan faces long, rocky road to cut U.S. discounts, rental sales

15 May 2019

DETROIT/TOKYO Nissan Motor Co Ltd said on Tuesday it had hit "rock bottom" with a 45% drop in annual operating profit. The automaker's troubles in the United States, including a failure to deliver on a slew of promises to dealers, are a major reason why.

Nissan earnings slide fuels Renault deal pressure

14 May 2019

PARIS/TOKYO Renault is quietly pushing for a change of Nissan leadership as a prelude to merger talks, sources at both companies said, after the Japanese carmaker warned of a further earnings slide in the wake of the Carlos Ghosn scandal.

Nissan faces long, rocky road to cut U.S. discounts, rental sales

14 May 2019

DETROIT/TOKYO Nissan Motor Co Ltd said on Tuesday it had hit "rock bottom" with a 45% drop in annual operating profit. The automaker's troubles in the United States, including a failure to deliver on a slew of promises to dealers, are a major reason why.

Subaru expects recovering sales to boost profit after dismal 12 months

10 May 2019

TOKYO Japanese automaker Subaru Corp on Friday forecast profit to jump about a third this year on a projected recovery in vehicle sales, bouncing back from last year when earnings halved due to production delays and mounting product recalls.

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