Mitsubishi Motors Corp’s President and CEO Osamu Masuko speaks to the media after the company’s board meeting at a showroom of the company’s headquarters in Tokyo, Japan January 18, 2019. REUTERS/Issei Kato TOKYO (Reuters) – The chief executives of Japan’s Nissan and Mitsubishi Motors met with the newly appointed chairman of Renault in Tokyo on… Continue reading Nissan, Renault and Mitsubishi executives reaffirmed importance of alliance -Mitsubishi chief
Tag: Mitsubishi
Daimler Trucks: record year 2018 with best-ever unit sales, revenue and earnings
Record results for unit sales, revenue and EBIT in 2018 Double-digit growth rates in NAFTA region, Brazil and India Fixed-cost optimization of 1.4 billion euros to take first full effect on earnings in 2019 – measures for efficiency enhancement to continue as planned Daimler Trucks anticipates a slight increase in unit sales and aims for… Continue reading Daimler Trucks: record year 2018 with best-ever unit sales, revenue and earnings
Not time yet to discuss Nissan chairmanship, Renault’s Senard says
TOKYO (Reuters) – The new chairman of French automaker Renault on Thursday said it was not the time to discuss whether he would also take the helm of Nissan, as he arrived in Japan to reaffirm an alliance rocked by the arrest and ouster of former Chairman Carlos Ghosn. FILE PHOTO: Jean-Dominique Senard, Michelin Group… Continue reading Not time yet to discuss Nissan chairmanship, Renault’s Senard says
Nissan: Nissan breaks ground on advanced technology training center in Decherd, Tennessee
DECHERD, Tenn. – Nissan is breaking ground today on an advanced technology training center in Decherd, Tennessee. The new 21,000 square-foot facility — located at the existing Nissan powertrain assembly complex — will have the capacity to train 180 employees simultaneously in the areas of production, maintenance, engineering and management. “This new training center underpins… Continue reading Nissan: Nissan breaks ground on advanced technology training center in Decherd, Tennessee
Nissan: Nissan reports third-quarter results for fiscal year 2018
YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the three-month period to Dec. 31, 2018. For the quarter, Nissan generated an operating profit of 103.3 billion yen on net revenues of 3.05 trillion yen, equivalent to an operating margin of 3.4%. Overall operations continued to improve in the third quarter, despite… Continue reading Nissan: Nissan reports third-quarter results for fiscal year 2018
Nissan takes $83m charge on Carlos Ghosn
Nissan has taken a 9.2bn yen ($83m; £64.5m) charge tied to compensation for former chairman Carlos Ghosn. The charge was reported in the firm’s first results since Mr Ghosn’s arrest for financial misconduct, and Nissan said it reflected additional expenses related to payments to its former boss. The carmaker also cut its full-year profit forecast… Continue reading Nissan takes $83m charge on Carlos Ghosn
Renault: Ghosn remains director of Renault, Bollore chairman of Renault-Nissan
FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends at the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) – Carlos Ghosn remains a director of Renault SA even though he has resigned as… Continue reading Renault: Ghosn remains director of Renault, Bollore chairman of Renault-Nissan
Ex-Nissan CEO Carlos Ghosn says he is victim of ‘plot and treason’ – The Straits Times
TOKYO • Carlos Ghosn, the embattled auto executive indicted on charges of financial wrongdoing, has said he was the victim of “plot and treason” by other Nissan leaders who wanted to thwart his plans to bring the automaker closer to its alliance partners, Renault of France and Mitsubishi Motors of Japan. In an interview with… Continue reading Ex-Nissan CEO Carlos Ghosn says he is victim of ‘plot and treason’ – The Straits Times
Exclusive interview: Ghosn says ‘plot and treason’ led to arrest – Nikkei Asian Review
TOKYO — Former Nissan Motor Chairman Carlos Ghosn told Nikkei in an exclusive interview Wednesday that he had “no doubt” that the charges against him were the result of “plot and treason” by Nissan executives opposed to his plan for deeper integration between Renault and its two Japanese alliance partners. Speaking on the 10th floor… Continue reading Exclusive interview: Ghosn says ‘plot and treason’ led to arrest – Nikkei Asian Review
Arrest was result of ‘plot and treason’ by Nissan, Carlos Ghosn says during interview – The Japan Times
Detained auto tycoon Carlos Ghosn believes his arrest and the charges against him are the result of a “plot and treason” at his former employer Nissan Motor Co., he told the Nikkei business daily Wednesday. The daily quoted Ghosn as saying he had “no doubt” that the charges against him were motivated by Nissan executives… Continue reading Arrest was result of ‘plot and treason’ by Nissan, Carlos Ghosn says during interview – The Japan Times