In China, Nissan continued to outperform the sluggish market for the past 10 consecutive months despite a slight decline of its China and passenger vehicle business in the first five months of 2019, down 0.4% from a year earlier to 587,197 vehicles and 2.2% to 481,613 vehicles, respectively. The light commercial vehicle business – Dongfeng Automobile Co., Ltd. (DFAC) and […]
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Statement from Nissan CEO Hiroto Saikawa regarding FCA-Renault merger proposal
“I am aware that FCA’s merger proposal will be discussed by Renault’s board this week. I believe that the potential addition of FCA as a new member of the Alliance could expand the playing field for collaboration and create new opportunities for further synergies. That said, the proposal currently being discussed is a full merger which—if realized—would significantly alter the […]
Nissan reduces compensation of CEO Hiroto Saikawa
n consideration of matters related to the misconduct led by the company’s former chairman, Nissan Motor Co., Ltd. has decided to reduce the compensation of its CEO for the fiscal year ending March 31, 2020. Compensation will be set at half the level of the fiscal year ended March 31, 2019, which was also reduced for the same reason. […]
Inifinity to refocus operations to drive sustainable profitable growth
NFINITI Motor Company Ltd. (IML) announced today a strategic plan that will provide greater efficiencies and enhance collaboration with parent Nissan Motor Co., Ltd. as INFINITI electrifies its portfolio over the next three years. As part of the plan, IML will relocate its global headquarters from Hong Kong to Yokohama, Japan, in mid-2020, where Nissan Motor Co., Ltd. is headquartered. […]
Nissan announces executive management changes
Nissan Motor Co., Ltd. yesterday announced the following executive appointments effective June 1, 2019. Roel De Vries, currently corporate vice president for global marketing and brand strategy and Leon Dorssers, currently corporate vice president for global sales and dealer network, will be promoted to senior vice president. De Vries and Dorssers will report to Executive Vice President Asako Hoshino. […]
Nissan Leaf Autech to go on sale in Japan
YOKOHAMA, Japan – The Nissan LEAF Autech will go on sale in Japan next month, adding exclusive styling to the world’s best-selling electric car. The customized model, based on the Nissan LEAF, will be launched June 21 by Autech Japan, Inc., a Nissan subsidiary. The Nissan LEAF Autech is the fourth model released under the Autech brand, following the Nissan Serena, […]
