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Tag Archives: nissan
Renault Board Backtracking on Carlos Ghosn Innocence
This is a significant departure from its initial backing of Ghosn in the latest twist of an ongoing global intrigue that involves in-fighting among Alliance partners, income inequality, trade wars and corporate governance policies in France, Japan and elsewhere. Continue reading
Ghosn Fallout – Nissan Board Changes
Nissan claims that building the best possible corporate governance structure as an urgent task and is working on swift implementation of a new organization. The company is now preparing an internal system to enable transition by the end of June, in expectation of receiving shareholder approval at the scheduled Annual General Meeting of Shareholders. Continue reading
Ghosn Fallout – Nissan Changes American Senior Management
Japanese prosecutors have accused him of hiding his compensation and shifting personal investment losses to Nissan’s books. Ghosn denying the charges claims Nissan executives who opposed closer ties to Renault went to Japanese authorities with false charges. Adding to the intrigue, Ghosn remains on the Board of Directors at al three companies. Continue reading
IndustriALL Endorses Global Agreements to Fight and Shape Policy on the Growing Number of Auto Plant Closures
So whither auto plants with their well-paid, highly skilled and heavily unionized work? Plant closures and retrenchments in several countries is worrying for unions. Continue reading
Nissan Mired in Japanese Corporate Governance Scandals
The latest development also casts doubt about the origination and integrity of a Nissan internal investigation into former Chairman Carlos Ghosn who is due to be released today after a month in Japanese jail for allegedly under reporting deferred income. Ghosn says he will vigorously defend his actions. Continue reading
Posted in fuel economy or emissions, news analysis, people, quality, recalls
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, infrastructure, Japanese Ministry of Land, Ken Zino, new vehicle reviews, nissan, Nissan Emissions scandal, Transport and Tourism
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No Deal Brexit to Cost UK Auto Sector £9 Billion Per Year
It’s not only angry Trump voters who are self-destructive, the UK under the Brexit fiasco is about to lose £9 Billion a year due to a conservative Republican-like temper tantrum that will materially hurt middle class workers, as well as society as a whole. Continue reading
Posted in economy, financial results, news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Brexit, connected vehicles, honda, jaguar land rover, Ken Zino, lmc automotive, new vehicle reviews, nissan, psa group, toyota, UK light vehicle production, Vauxhall/Opel
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Nissan Board Deletes Carlos Ghosn as Chairman and Director
The board of directors for Nissan Motor Co. met today at the company’s global headquarters in Yokohama, Japan. The board endorsed the long-standing and profitable Alliance partnership with Renault saying, “it remains unchanged” and that “the mission is to minimize the potential impact and confusion on the day-to-day cooperation among the Alliance partners.” Continue reading
Posted in auto news, financial results, litigation, milestones, people
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Automotive Commentary, carlos ghosn, Ken Zino, new car reviews, nissan, Nissan Board of Directors, Renault Nissan Mitsubishi Alliance, Tokyo Stock Exchange
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Carlos Ghosn Given Temporary Reprieve by Renault Board
It was the latest twist on an ongoing saga that involves alleged tax evasion by Ghosn. It also raised, yet again, the embarrassing issue that foreign executives demand and receive far greater compensation than their Japanese equivalents. Continue reading
Nissan Chairman Carlos Ghosn Arrested and About to be Sacked by Board for Financial Misconduct. Renault-Nissan-Mitsubishi Alliance Position Threatened.
Ghosn as chief executive of the Renault-Nissan-Mitsubishi Alliance is now under fire. Ghosn retired from the highest job at Nissan last year, but remained heading the world’s largest automotive alliance, saying he planned on staying until 2020. Ghosn was paid ¥227 million in cash and stock options by Mitsubishi Motors in 2017. Continue reading
Nissan Dealerships Backing Toys for Tots with Star Wars
Participating Nissan dealerships will collect unwrapped toys for distribution by Toys for Tots in time for the holidays. Continue reading
Posted in marketing
Tagged autoinformed, autoinformed.com, Ken Zino, nissan, Star Wars: Force for Change, Toys for Tots
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Nissan 2015 Titan Pickup Gets Cummins Turbo Diesel
Year-to-date Titan has sold 10,000 trucks, a 21% decline from 2011. Market leader Ford sold 60,000 F-Series pickups in the month of July alone. Later this fall, Ram will up the ante in the ongoing pickup truck fuel economy game by offering the first light-duty diesel engine pared with an 8-speed automatic transmission, both exclusives in the segment. Continue reading
Posted in new vehicle
Tagged autoinformed, autoinformed.com, cummins, Ken Zino, nissan
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Renault-Nissan Cut 2012 Costs by €2.69 billion
Only new savings – not cumulative ones – are taken into account every year. As a result, the Alliance that was established in 1999 when Nissan was facing bankruptcy, arguably now has the longest-lasting cross-cultural partnership in the auto industry. Paris-based Renault and Yokohama, Japan-based Nissan, which together sell one in 10 cars worldwide sold 8.1 million cars in nearly 200 countries in 2012. Continue reading
Posted in auto news, financial results, news analysis
Tagged autoinformed, autoinformed.com, Ken Zino, nissan, Renault
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Nismo and Williams to Develop High Performance Cars
While Nismo is known to motorsports and performance car enthusiasts in Japan and to millions of gamers, the brand is virtually unknown and certainly unrecognized in global enthusiast circles. A GT-R Nismo will be the third Nismo-badged model following the launch of the Juke Nismo and 370Z Nismo this year. Continue reading
Posted in auto news, performance
Tagged 370z, autoinformed, autoinformed.com, gt-r, juke, Ken Zino, nismo, nissan
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Nissan to Return to Le Mans in 2014 as Garage 56 Entry
In 2012, a number 0 Nissan Delta Wing ran at the world’s most famous endurance race from the same unclassified Garage 56 spot. The real Japanese racers that were closely watched at Le Mans last year were a pair of Toyota hybrids, which ran in the fastest LMP1 class but lost to Audi. Continue reading
Posted in auto news, concept, electric vehicles, racing
Tagged audi, auto informed, autoinformed.com, automotive news, garage 56, Ken Zino, le mans, nismo, nissan, porsche, toyota
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Directors Carlos Ghosn, Greg Kelly Voted Out at Nissan
Hiroto Saikawa, President, among others, came under shareholder scrutiny for his protested innocence of having any knowledge of the scandal even though he was one of Ghosn’s “ right hand men…” Continue reading →