BEV 13 September 2019 2 ‘of reading Renault is working on an electric vehicle for Europe to sell for no more than 10,000 euros. The EV could be on sale within the next five years has declared Renault CEO Thierry Bolloré at the Frankfurt Motor Show. Renault has decades of experience in building electric cars… Continue reading Electric cars, Renault studies 10 thousand euro models
Tag: Nissan
Isolation and distrust brought down Nissan CEO Saikawa
TOKYO — Nissan Motor CEO Hiroto Saikawa’s upcoming resignation on Monday may have been triggered by allegations that he inflated his compensation, but the root of the problem lies in his failure to earn the trust of fellow executives. Nissan management was rattled by a Wall Street Journal article in early August that reported on… Continue reading Isolation and distrust brought down Nissan CEO Saikawa
Departure of Nissan’s Saikawa hastened by independent directors – sources
TOKYO/PARIS (Reuters) – The fate of Nissan CEO Hiroto Saikawa was sealed by two external directors who persuaded the board on Monday to oust the company veteran and spare the carmaker more reputational damage after a string of high-profile scandals, two sources said. FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference to release… Continue reading Departure of Nissan’s Saikawa hastened by independent directors – sources
Nissan China head, turnaround executive among top candidates for CEO: sources
SEATTLE/PARIS (Reuters) – The head of Nissan Motor Co’s (7201.T) China business and an executive tasked with leading its revival have emerged as two of the top candidates to take over as the next CEO of the troubled Japanese automaker, four people familiar with the matter said. FILE PHOTO: A Nissan logo is pictured during… Continue reading Nissan China head, turnaround executive among top candidates for CEO: sources
Recovery first: for next Nissan CEO, priority is profit before Renault partnership
TOKYO (Reuters) – The next head of Nissan Motor Co will need to prioritize a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder Renault SA, executives and analysts say. FILE PHOTO: A Nissan logo is pictured during the media day for the Shanghai auto show… Continue reading Recovery first: for next Nissan CEO, priority is profit before Renault partnership
MITSUBISHI MOTORS PASSES MILESTONE OF FOUR MILLION VEHICLES EXPORTED FROM THAILAND
Aug 16, 2019 ID: 15884 Immediate Release Tokyo – Mitsubishi Motors Corporation (MMC) announced today that it had passed the milestone of exporting four million vehicles from Thailand, and held the ceremony at Laem Chabang, Chonburi Province. Mitsubishi Motors (Thailand) Co., Ltd. (MMTh), MMC’s subsidiary in Thailand, has three car production plants and an engine facility… Continue reading MITSUBISHI MOTORS PASSES MILESTONE OF FOUR MILLION VEHICLES EXPORTED FROM THAILAND
JCT600 opens newly refurbished Mitsubishi dealership
JCT600 has opened a new Mitsubishi Motors dealership on Sticker Lane in the city, following a six figure investment. The new dealership is expected to create 16 jobs. After extensive refurbishment, the new JCT600 Mitsubishi Bradford dealership features elements of the latest Mitsubishi Motors corporate design. It also has the capacity to display six new… Continue reading JCT600 opens newly refurbished Mitsubishi dealership
Nissan ‘Mulls Pulling out of Korea’
Deteriorating Seoul-Tokyo relations have led to sales of Japanese automobiles here declining by half, prompting Nissan to consider pulling out of the Korean market altogether.Toyota, Honda and Nissan all have sales subsidiaries in Korea, but Nissan is suffering the brunt of a boycott of Japanese products.Some businesses are being hit hard, and the pullout would also affect Nissan’s Korean staff and dealers.
Nissan CEO Saikawa to step down on September 16
FILE PHOTO – Nissan CEO Hiroto Saikawa attends a news conference to release first quarter earnings at the company headquarters in Yokohama, Japan July 25, 2019. REUTERS/Issei Kato YOKOHAMA (Reuters) – Nissan Motor Co’s (7201.T) embattled chief executive will step down on Sept. 16 and will be temporarily replaced by Chief Operating Officer Yasuhiro Yamauchi,… Continue reading Nissan CEO Saikawa to step down on September 16
Nissan CEO Saikawa tells some executives he plans to resign: Nikkei
FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference to release first quarter earnings at the company headquarters in Yokohama, Japan July 25, 2019. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Nissan Motor Co (7201.T) Chief Executive Hiroto Saikawa has told some executives he plans to resign, the Nikkei newspaper reported on Sunday, as he… Continue reading Nissan CEO Saikawa tells some executives he plans to resign: Nikkei