Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan is cutting jobs and its CEO's pay after results from the first half of FY24 showed decreased consolidated net revenue and global sales volumes, and a .5% operating profit margin.
US tells owners to stop driving older Nissan vehicles over air bag concerns
Nissan and the NHTSA are warning drivers of older Nissan vehicles that still have recalled Takata air bags not to drive until the air bags are repaired and replaced due to safety risks.
Nissan to launch 30 new models by 2027, reduce cost of EVs
Nissan is seeking to drive more profitability over the medium-term through a new plan. It involves 30 new models and a unit sale increase of 1 million in the next three years.
Nissan recalling 236k Sentras over possible steering control problem
About 236,000 Nissan Sentras from model years 2020 through 2022 are being recalled over a problem that could cause drivers to lose steering control.
Former Nissan CEO Carlos Ghosn sues auto giant over ‘massive PR campaign to denigrate’ his behavior
Former Nissan Chairman and CEO Carlos Ghosn says his defamation lawsuit against the automaker aims to end "a massive PR campaign" to "defraud" him after 20 years at the helm.
Former Nissan chief Carlos Ghosn files $1B lawsuit against carmaker over Japan imprisonment
Former Nissan exec Carlos Ghosn filed a $1 billion lawsuit against Nissan and roughly a dozen unnamed individuals in Beirut after spending time in a Japanese prison.
Nissan recalls nearly 1 million SUVs after discovering vehicles could shut off while driving
Nissan issued a recall on over 809,000 Nissan Rogues and Nissan Rogue Sports after discovering an issue with the jackknife key that could shut off the vehicle while it's moving.
Nissan recalls nearly 500K vehicles due to airbag hazard
Nissan is recalling nearly 500,000 vehicles because of a defect that causes the steering wheel emblem to come lose and injure the driver when the airbag deploys.
Electric Nissan Leaf can now be used as a battery backup for businesses
Nissan has approved a bi-directional charging system for use with the Nissan Leaf that will allow businesses to use their fleets as battery storage for their electrical systems.
Nissan looks to make $7,500 electric vehicle tax credit more available to customers
Nissan said it will more aggressively push electric vehicles to take advantage of the Inflation Reduction Act that gives up to $7,500 in tax credits.
Nissan is killing Datsun again
Nissan is discontinuing the Datsun brand, which was rebooted in 2014 to sell low-priced vehicles in emerging markets.
Nissan shares fall 4% on report Renault exploring stake sale
Shares of Nissan Motor Co Ltd dropped 4% early Monday, following a report that top shareholder Renault SA is exploring a potential stake sale.
France issues international arrest warrant for Carlos Ghosn
French prosecutors issued international arrest warrants for Carlos Ghosn as well as four individuals they say are linked to an auto dealer in Oman, alleging they helped the fallen auto titan funnel millions of euros from Renault SA, according to people familiar with the matter.
793,000 Nissan Rogue SUVs recalled for fire risk
Nissan is recalling 793,000 Rogue SUVs in the U.S. and Canada because water can corrode a wiring connector and cause a fire.
Ex-Nissan chair Ghosn talks financial misconduct case three years after 'tragedy' started
Former Nissan CEO Carlos Ghosn weighs in on his financial misconduct case three years following his arrest in Japan.
Companies grapple with post-pandemic inventories dilemma
Companies are wrestling with how big their inventories should be, since the pandemic highlighted the dangers of having both too much and too little stored away.
Ex-Nissan CEO Ghosn rips automaker, says ‘boring, mediocre car company’ will struggle to find its place
The former Nissan chairman and CEO slammed the auto company and explained why the global alliance that he built did not sit well with the Japanese government during an exclusive interview on FOX Business' "Mornings with Maria."
Nissan CEO tells Tokyo court Carlos Ghosn had too much power
Nissan Chief Executive Makoto Uchida told a Japanese court on Wednesday that the company’s former chairman, Carlos Ghosn, had held too much power, failed to listen to others, and stayed on for too long.
U.S. Supreme Court rejects bid by Ghosn's accused escape plotters to avoid extradition
Supreme Court Justice Stephen Breyer denied an emergency request by lawyers for U.S. Army special forces veteran Michael Taylor and his son, Peter Taylor.
Carlos Ghosn's accused escape plotters denied extradition appeal
A U.S. appeals court on Thursday declined to further delay the extradition to Japan of two men charged with helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee the country.