Japan's Nissan will unveil a shake-up in its top ranks next month, three people familiar with the matter said on Thursday, adding that embattled CEO Makoto Uchida is currently expected to hang on to his job.
Nissan is planning to replace CEO Makoto Uchida following disappointing financial earnings and the collapse of merger talks with Honda.
Nissan Motor is expected to announce a planned streamlining of its executive line-up on March 12, according to three people familiar with the matter.
Nissan said it will slash 9,000 jobs and cut its total output by 20% but that wasn't enough from getting downgraded
The Honda-Nissan on-again, off-again, on-again merger is the international automotive saga that keeps on giving. Now there's another twist.
Reports of an overture towards the American electric vehicle maker come days after Nissan’s merger talks with Honda collapsed.
After an oil change, a woman found a racial slur printed on the sticker inside her SUV. Now, she’s getting a free electric vehicle. A Nissan dealer nearly 900 miles away is gifting her a free LEAF EV, saying she won’t need an oil change ever again. The electric car was specifically chosen so the shocking incident doesn’t happen again.
For enthusiasts who have been holding off on buying a Nissan Z due to outrageous dealer markups, the wait has finally paid off. After years of excessive pricing, dealerships across the U.S. are now offering the 400-horsepower coupe well below its sticker price.
By Maki Shiraki, Daniel Leussink and Norihiko Shirouzu TOKYO (Reuters) - Nissan is due to unveil a shake-up in its top ranks next month with embattled CEO Makoto Uchida likely to hang on to his job, three people familiar with the matter said on Thursday,