Posts filtered by tags: Hiroto Saikawa[x]


 

Job One for Infiniti’s New U.S. Sales Boss? Stop the Slide

Amid a tumultuous time for Nissan and its luxury division, Infiniti, company CEO Hiroto Saikawa is counting on its crucial U.S. business to turn things around. After seeing its global profit fall 45 percent last year, Saikawa declared earlier this month that the company had hit “rock bottom.” Further profit and operating margin declines are forecasted […] The post Job One for Infiniti’s New U.S. Sales Boss? Stop the Slide appeared first on The Truth About Cars.
Tags: Sales, Autos, Infiniti, Nissan, Executives, News Blog, Saikawa, Hiroto Saikawa, Bob Welby


Automotive Politics: Saikawa Stays as Nissan’s CEO, Renault’s Next Move

Nissan’s Hiroto Saikawa appears to be staying on as CEO, despite claiming late last year that he would soon step down. While not sensational news in itself, the decision is underpinned by growing animosity between the automaker and alliance partner Renault. Back in March, the Renault-Nissan-Mitsubishi Alliance was doing damage control following the arrest of […] The post Automotive Politics: Saikawa Stays as Nissan’s CEO, Renault’s Next Move appeared first on The Truth About Cars.
Tags: Japan, France, Auto Industry, Autos, Nissan, Renault, Industry News, Carlos Ghosn, News Blog, Board of Management, Hiroto Saikawa, Renault Nissan Mitsubishi Alliance, Nissan-Renault-Mitsubishi Alliance, Jean-Dominique Senard, Automotive Politics


Nissan retains Saikawa as CEO, in likely rebuff of Renault

Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault had earlier pushed for a change in the Japanese automaker's leadership.
Tags: Money, businessNews, Nissan, Renault, Carlos Ghosn, Nissan Motor Co, Saikawa, Hiroto Saikawa


Nissan says Saikawa retained as CEO, putting focus on Renault ties

Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault pushed for a change in the Japanese automaker's leadership.
Tags: Money, businessNews, Nissan, Renault, Carlos Ghosn, Nissan Motor Co, Saikawa, Hiroto Saikawa


Nissan says Saikawa to remain as CEO, Renault chief to join board

Japan's Nissan Motor Co said on Friday it would keep Hiroto Saikawa as its chief executive, while bringing in the boss of alliance partner Renault to its board.
Tags: Japan, Money, businessNews, Nissan, Renault, Nissan Motor Co, Saikawa, Hiroto Saikawa


Nissan's Saikawa to stay on as president, Renault chief to join board - sources

Japan's Nissan Motor Co will keep Hiroto Saikawa on as president and will bring in the chief executive of alliance partner Renault SA as a board member, two sources briefed on the matter said on Friday.
Tags: Japan, Money, businessNews, Nissan, Renault, Renault SA, Nissan Motor Co, Saikawa, Hiroto Saikawa


Nissan’s Bad Year Greenlit for a Sequel

Nissan is bracing for a bad year. On Tuesday, the automaker held a press conference at its headquarters in Yokohama, Japan, to tell the world that it’s forecasting a 28-percent decline in operating profit this year. While that sounds bad, it comes on the heels of the company’s financial results for the 12-month period ending March […] The post Nissan’s Bad Year Greenlit for a Sequel appeared first on The Truth About Cars.
Tags: Industry, Autos, Nissan, Renault, Industry News, Yokohama Japan, Carlos Ghosn, News Blog, Hiroto Saikawa, Earnings Reports, Nissan-Renault-Mitsubishi Alliance, Jean-Dominique Senard


Carlos Ghosn Releases Video Message From Prison

Out on bail and awaiting trial, former Nissan CEO Carlos Ghosn was arrested in Japan last week for the fourth time since November — putting the kibosh on a scheduled press conference where he promised to “tell the truth” about what’s been going on. While Ghosn’s supposed bombshell will have to wait for another day, he did manage to […] The post Carlos Ghosn Releases Video Message From Prison appeared first on The Truth About Cars.
Tags: Japan, Scandal, Autos, Automotive Industry, Nissan, Renault, Coup, Ghosn, Carlos Ghosn, News Blog, Hiroto Saikawa, Hot Legal Action, Nissan-Renault-Mitsubishi Alliance


Nissan shareholders sack Carlos Ghosn from company board

Nissan CEO Hiroto Saikawa opened meeting with a speech outlining allegations against his former mentorNissan shareholders have voted to eject Carlos Ghosn from the board, as the detained former chairman fights multiple financial misconduct charges that have landed him in custody.The extraordinary shareholders’ meeting at a Tokyo hotel was the first such gathering since the stunning arrest of the 65-year-old auto sector titan on 19 November.
Tags: Business, Japan, World news, Asia Pacific, Tokyo, Automotive Industry, Nissan, Renault, Carlos Ghosn, Hiroto Saikawa


Nissan shareholders sack ex-chief Ghosn

Nissan shareholders voted Monday to eject Carlos Ghosn from the board, as the detained former chairman fights multiple financial misconduct charges that have landed him in custody. The extraordinary shareholders' meeting at a Tokyo hotel was the first such gathering since the stunning arrest of the 65-year-old auto sector titan on November 19. After several hours of questions from shareholders, fielded by CEO Hiroto Saikawa, they voted to remove Ghosn, as well as Greg Kelly, a US executive wh...
Tags: News, US, Tokyo, Nissan, Ghosn, Carlos Ghosn, Greg Kelly, Hiroto Saikawa


Nissan shareholders meet to decide ousting of ex-chair Ghosn

TOKYO (AP) — Nissan Chief Executive Hiroto Saikawa has apologized to shareholders for the unfolding scandal at the Japanese automaker and asked for their approval to oust from the board former Chairman Carlos Ghosn, who has been arrested on financial misconduct charges. Saikawa and other Nissan Motor Co. executives bowed deeply at a Tokyo hotel […]
Tags: Business, News, Ap, Nation, Tokyo, Nissan, Ghosn, Carlos Ghosn, Nissan Motor Co, Nation & World, Saikawa, Hiroto Saikawa


Nissan shareholders meet to vote on ousting ex-chair Ghosn

TOKYO (AP) — Nissan’s top executive apologized to its shareholders Monday for the unfolding scandal at the Japanese automaker and asked them to approve removing from its board its former chairman Carlos Ghosn, who faces allegations of financial misconduct. Chief Executive Hiroto Saikawa and other Nissan Motor Co. executives bowed deeply in apology to shareholders […]
Tags: Business, News, Ap, Nation, Tokyo, Nissan, Ghosn, Carlos Ghosn, Nissan Motor Co, Nation & World, Hiroto Saikawa


Nissan’s Saikawa Reportedly Approved Ghosn’s Retirement Deal; Coup Claims Emerge

The arrest of Carlos Ghosn, former head of the Renault-Nissan-Mitsubishi Alliance, seemed a rather straightforward back in November. By the time he was changing into his orange pajamas (or whatever color is most common in Japanese prisons), Nissan chief executive Hiroto Saikawa announced Ghosn had been dismissed from the company’s board. At the time, he claimed Ghosn […] The post Nissan’s Saikawa Reportedly Approved Ghosn’s Retirement Deal; Coup Claims Emerge appeared first on The Truth About Ca...
Tags: Japan, Coups, Autos, Automotive Industry, Nissan, Renault, Industry News, Ghosn, Carlos Ghosn, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance, Corporate Scandals


Nissan CEO says he has not heard about possible bid for FCA

Nissan Motor Co CEO Hiroto Saikawa said on Thursday he was not aware of discussions about the possibility that its French partner Renault SA was considering a bid for Fiat Chrysler Automobiles.
Tags: Money, businessNews, Fca, Nissan, Fiat Chrysler, Renault SA, Nissan Motor Co, Hiroto Saikawa


Renault Reportedly Interested in FCA; Nissan Merger Still in the Works

Renault reportedly wants to restart merger talks with Nissan next year and is even considering a follow-up marriage with another automaker — possibly Fiat Chrysler. While the Renault-Nissan-Mitsubishi Alliance’s official goals for 2019 are difficult to pin down, a memorandum of understanding was recently established to improve corporate synergy and reassure the public that members can play nice […] The post Renault Reportedly Interested in FCA; Nissan Merger Still in the Works appeared first on ...
Tags: Auto Industry, Fca, Mergers, Autos, Fiat, Automotive Industry, Nissan, Mitsubishi, Renault, Industry News, Carlos Ghosn, Fiat Chrysler Automobiles, Business Strategy, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance


Renault-Nissan-Mitsubishi Alliance Seeks ‘New Start’

A meeting rumored to be targeted at developing a new board to oversee the Renault-Mitsubishi-Nissan Alliance took place earlier this week at Nissan’s global headquarters, sans Carlos Ghosn, with the automakers agreeing to a consensus-based governing strategy. At the heart of this pact is the need to diffuse tensions between France and Japan. If you’ll recall, […] The post Renault-Nissan-Mitsubishi Alliance Seeks ‘New Start’ appeared first on The Truth About Cars.
Tags: Japan, France, Industry, Auto Industry, Autos, Automotive Industry, Nissan, Mitsubishi, Renault, Carlos Ghosn, Thierry Bollore, News Blog, Osamu Masuko, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance, Jean-Dominique Senard


With Ghosn Gone, Nissan CEO Allegedly Changes Mind About Retirement

Nissan’s Chief Executive Officer, Hiroto Saikawa, apparently intends to stick around a little longer than previously expected. According to unnamed Nissan staffers who spoke to Bloomberg, the CEO told executives he plans to stay at least three more years to help the automaker recover from the aftermath of the scandal involving Renault-Nissan-Mitsubishi Alliance head Carlos Ghosn — despite recently […] The post With Ghosn Gone, Nissan CEO Allegedly Changes Mind About Retirement appeared first on ...
Tags: Bloomberg, Autos, Automotive Industry, Nissan, Renault, Industry News, Carlos Ghosn, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance


Renault Chairman Senard to meet Nissan CEO in Japan visit

Renault SA Chairman Jean-Dominique Senard is set to meet with Nissan Motor's CEO Hiroto Saikawa after he arrives in Japan on Thursday, seeking to reaffirm an alliance rocked by the arrest and ouster of former Chairman Carlos Ghosn.
Tags: Japan, Money, businessNews, Nissan, Renault, Renault SA, Nissan Motor, Hiroto Saikawa, Jean Dominique Senard, Senard


Renault Chairman Senard set to meet Nissan CEO during Japan visit

Renault SA Chairman Jean-Dominique Senard is set to meet with Nissan Motor Co Ltd CEO Hiroto Saikawa during a visit to Japan as the automakers reassess their partnership following the arrest and ouster of former Chairman Carlos Ghosn.
Tags: Japan, Money, businessNews, Nissan, Renault, Renault SA, Nissan Motor Co Ltd, Hiroto Saikawa, Jean Dominique Senard, Senard


Mitsubishi Sides With Nissan in Merger Backlash, Ghosn Claims He Was Set Up

Depending who you ask, the November arrest of disgraced auto executive Carlos Ghosn was either swift justice or a coup d’etat — with some help from the Japanese government. Re-arrested in December and held ever since without bail, Ghosn faces breach of trust charges alleging the exec covered losses incurred through foreign exchanges with Nissan’s funds […] The post Mitsubishi Sides With Nissan in Merger Backlash, Ghosn Claims He Was Set Up appeared first on The Truth About Cars.
Tags: Japan, Autos, Law And Order, Nissan, Mitsubishi, Renault, Crime And Punishment, Ghosn, Carlos Ghosn, News Blog, Osamu Masuko, Hiroto Saikawa, Renault-Nissan Alliance


Nissan CEO Hiroto Saikawa to Step Down, but Only After Taking Out Some Trash

Claiming he wants a fresh start for the scandal-rocked Renault-Nissan Alliance, Nissan CEO Hiroto Saikawa announced on Friday his intention to move aside in the coming months, giving someone else a chance to run the company. Alliance partner Renault divested itself of former CEO Carlos Ghosn this week, two months after the executive’s Tokyo arrest. With […] The post Nissan CEO Hiroto Saikawa to Step Down, but Only After Taking Out Some Trash appeared first on The Truth About Cars.
Tags: Autos, Tokyo, Nissan, Renault, Carlos Ghosn, Alliance, News Blog, Hiroto Saikawa, Renault-Nissan Alliance, Renault Nissan Alliance Nissan


The Latest: Nissan CEO welcomes Renault leadership change

PARIS (AP) — The Latest on former Renault-Nissan's former chairman Carlos Ghosn as he remains detained in Japan (all times local):2:35 p.m.Nissan's Chief Executive Hiroto Saikawa welcomed Renault's new leadership.He told reporters... [Author: [email protected]]
Tags: Business, Japan, Ap, Paris, Nissan, Renault, Renault Nissan, Carlos Ghosn, Hiroto Saikawa


Renault executives, French government officials to meet Nissan CEO: Nikkei

Renault executives and French government officials were planning to meet Nissan CEO Hiroto Saikawa in Japan on Thursday, Japanese media said, as the automakers consider their partnership in the wake of alliance Chairman Carlos Ghosn's arrest.
Tags: Japan, Money, businessNews, Nissan, Renault, Carlos Ghosn, Hiroto Saikawa


Nissan, Renault bosses met one-on-one in Amsterdam, Nissan says

Nissan Motor Co CEO Hiroto Saikawa held a one-on-one meeting with the acting boss of automaker partner Renault in Amsterdam this week that led to "positive" and "productive" talks, the Japanese automaker said on Thursday.
Tags: Money, businessNews, Amsterdam, Nissan, Renault, Nissan Motor Co, Nissan Renault, Hiroto Saikawa


Nissan says CEO had one-on-one meeting with Renault's acting boss

Nissan Motor Co on Thursday said CEO Hiroto Saikawa had held a one-on-one meeting with the acting boss of its automaking partner Renault SA during talks between the alliance in Amsterdam this week.
Tags: Money, businessNews, Amsterdam, Nissan, Renault, Renault SA, Nissan Motor Co, Hiroto Saikawa


Automotive Roundup: Renault-Nissan, FCA, Waymo, VW, Uber & Lyft

Welcome to brandchannel‘s first Automotive Roundup, a recurring column that will highlight news, developments and trends in the marketing and advertising of cars, SUVs, trucks and the industry’s latest technologies, including autonomous driving. In today’s edition, we look at the troubles at the top for Nissan-Renault, Fiat Chrysler’s plan for a new assembly plant in Detroit, Waymo’s next step on its self-driving journey, Volkswagen’s vast remake, and auto-sales prospects for this year and 2019...
Tags: Google, Lyft, Uber, Europe, Japan, Uncategorized, Advertising, US, General Motors, Automotive, Vw, Ford, Gm, Tokyo, Bmw, Volkswagen


Prosecutors set to indict Ghosn and Nissan as CEO's role in focus: sources

Tokyo prosecutors are due to indict ousted Nissan Motor Chairman Carlos Ghosn as well as the automaker itself on Monday, sources said, intensifying scrutiny of CEO Hiroto Saikawa's role in the financial misconduct scandal.
Tags: Money, businessNews, Tokyo, Nissan, Ghosn, Carlos Ghosn, Nissan Motor, Hiroto Saikawa


Ghosn Planned to Oust Nissan CEO Prior to Arrest in Japan, Sources Claim

Prior to his arrest in Japan last month over presumed financial misconduct, Carlos Ghosn was allegedly planning to remove Nissan CEO Hiroto Saikawa. The plot has certainly thickened. Ghosn, who was serving as Nissan Motor Co.’s chairman before being taken into custody, was believed to be on the cusp of an upper-level management shakeup within […] The post Ghosn Planned to Oust Nissan CEO Prior to Arrest in Japan, Sources Claim appeared first on The Truth About Cars.
Tags: Japan, Autos, Law And Order, Nissan, Mitsubishi, Renault, Industry News, Ghosn, Carlos Ghosn, Nissan Motor Co, News Blog, Hiroto Saikawa, Nissan-Renault-Mitsubishi Alliance


Nissan blamed Ghosn probe for CEO no-show in Amsterdam: sources

Nissan told Renault its Chief Executive Hiroto Saikawa was unable to attend an Amsterdam meeting because he was assisting Tokyo prosecutors investigating alleged misconduct led by Carlos Ghosn, chairman of the carmakers' alliance, sources with knowledge of the matter told Reuters.
Tags: Money, businessNews, Amsterdam, Tokyo, Nissan, Renault, Ghosn, Carlos Ghosn, Hiroto Saikawa


Nissan says CEO did not mention need to review alliance equity structure

Nissan Motor Co said Chief Executive Officer Hiroto Saikawa did not mention a need to review the automaker's equity partnership with French partner Renault SA at a town hall meeting he held with staff on Monday morning.
Tags: Money, businessNews, Nissan, Renault SA, Nissan Motor Co, Hiroto Saikawa