TEHRAN, Sept 05 - Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn.
TEHRAN, Jul 25 -Nissan Motor Co said on Thursday it would slash 12,500 jobs globally by 2022 and cut output to rein in costs as it suffers from sluggish sales and rising costs and tries to recover from a scandal surrounding ousted Chairman Carlos Ghosn.
TEHRAN, Jul 24 -Nissan Motor Co Ltd (7201.T) warned on Wednesday that first-quarter profit tumbled around 90% percent, a day before it is expected to announce more than 10,000 job cuts as the crisis deepens at Japan’s second-largest automaker.
TEHRAN, Jun 25 -Nissan Motor on Tuesday threw cold water on hopes for a quick-fix to its strained relations with France’s Renault SA, saying inequality between the partners could unravel their two-decade-old automaking alliance.
TEHRAN, May 29 -Nissan on Wednesday told Renault it wasn’t opposed to its partner’s potential $35 billion merger with Fiat Chrysler, the Nikkei newspaper said, as the two met to hash out the future of their alliance amid a deal that could upend the auto industry.
TEHRAN, Apr 25 -Former Nissan Motor Co Chairman Carlos Ghosn looked set to walk out of a Japanese detention center for the second time since his arrest last year on financial misconduct charges, after a Tokyo court on Thursday set his bail at $4.5
TEHRAN, Apr 08 - Nissan Motor Co is considering claiming damages against ousted boss Carlos Ghosn over alleged financial misconduct, the automaker’s chief executive told shareholders on Monday, adding the scandal would not be fixed overnight.
TEHRAN, Apr 04-Former Nissan chief Carlos Ghosn was rearrested early Thursday in Tokyo on fresh financial misconduct allegations, with the auto tycoon slamming his detention as "outrageous and arbitrary."
TEHRAN, Mar 06 -Ousted Nissan boss Carlos Ghosn walked out of a Tokyo prison on a $9 million bail on Wednesday, slipping past reporters in a face mask and moving closer to mounting a defense against financial misconduct charges that he has called “meritless”.
TEHRAN, Feb 17 -A Nissan Motor governance committee will recommend the appointment of an external director as board chairman, a role distinct from company chairman, in a move to decentralize power at the top level, the Nikkei business daily reported on Sunday.
TEHRAN, Jan 21 -Ousted Nissan Motor Co Chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention in Japan for alleged financial crimes.
TEHRAN, Jan 20 -A French government delegation has informed Tokyo that it would seek an integration of Renault (RENA.PA) and Nissan (7201.T), most likely under the umbrella of a single holding company, the Nikkei reported on Sunday.
TEHRAN, Jan 14- The wife of ousted Nissan Motor Co Ltd (7201.T) chairman Carlos Ghosn has urged New York-based Human Rights Watch to draw attention to his “harsh treatment” during detention in a Japanese jail, a letter seen by Reuters showed on Sunday.
TEHRAN, December 26 -Nissan director Greg Kelly was being examined in a hospital on Wednesday, a source said, a day after he was released on bail from a Tokyo jail where his former boss Carlos Ghosn is still being detained.
TEHRAN, December 09 -Nissan said it was seeking to block former chairman Carlos Ghosn’s access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.
TEHRAN, November 28 -The arrest of Renault-Nissan boss Carlos Ghosn has triggered new attempts by the Japanese carmaker to shake off the control of its French parent - adding to the problems piling up on President Emmanuel Macron’s desk in the Elysee Palace.
TEHRAN, November 24 -A former Nissan Motor (7201.T) executive arrested along with ex-chairman Carlos Ghosn has defended Ghosn’s compensation, saying it was discussed with other officials and paid out appropriately, Japanese public broadcaster NHK said on Saturday.
TEHRAN, November 22 - Nissan Motor Co will hold a board meeting on Thursday to oust Chairman Carlos Ghosn after the shock arrest of its once-revered leader, starting what could be a long period of uncertainty in its 19-year alliance with Renault.
TEHRAN, November 08 - France’s Renault (RENA.PA) said it will build new Nissan and Mitsubishi vans at its domestic plants, raising investment in the country as it explores closer integration of the three-way carmaking alliance with government backing.
TEHRAN, October 02 -Toyota, Nissan and Mazda welcomed on Tuesday the revised North America trade deal that left Japanese automakers unscathed but they may face a bumpy ride when Washington and Tokyo hold new talks on over $40 billion of annual U.S. auto imports from Japan.