Tag Archives: nissan

Two Spanish Nissan Plants on Strike over Job Security

On 14 May, the Nikkei Shimbun published a speculative story on Nissan’s future production strategy. “Nissan in fiscal 2019 produced about 55,000 vehicles in Spain, accounting for about 10% of its European output. It will shift its Barcelona production to Renault plants in France and elsewhere,” said the Nikkei. “Nissan has not made any official statement on this subject. Nissan’s midterm planning is in progress and has not been concluded yet. As announced earlier, Nissan will announce a revised midterm plan along with fiscal year 2019 financial results on May 28,” said a Nissan statement. Continue reading

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Nissan Scandal – a Gift That Keeps on Giving – Executive Officer and Vice COO Jun Seki Unexpectedly Resigns

The Nissan Corporate governance crisis is ongoing and comes as Nissan has started its new management under Representative Executive Officer, president and CEO Makoto Uchida as of December 1, 2019. Seki was to be a key executive in administering the turn-around that seeks to halt slumping sales, confusing brand images and expensive incentive programs. Continue reading

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Nissan and EVgo Charging Adding 200 New Fast Chargers

The joint investment by Nissan and EVgo expands on a six-year link between two of the early providers in transportation electrification in the U.S. Nissan has installed more than 2,000 quick-charge connectors in the country since 2010. Continue reading

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Directors Carlos Ghosn, Greg Kelly Voted Out at Nissan

Hiroto Saikawa, President, among others, came under shareholder scrutiny for his protested innocence of having any knowledge of the scandal even though he was one of Ghosn’s “ right hand men…” Continue reading

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Renault Board Backtracking on Carlos Ghosn Innocence

This is a significant departure from its initial backing of Ghosn in the latest twist of an ongoing global intrigue that involves in-fighting among Alliance partners, income inequality, trade wars and corporate governance policies in France, Japan and elsewhere. Continue reading

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Ghosn Fallout – Nissan Board Changes

Nissan claims that building the best possible corporate governance structure as an urgent task and is working on swift implementation of a new organization. The company is now preparing an internal system to enable transition by the end of June, in expectation of receiving shareholder approval at the scheduled Annual General Meeting of Shareholders. Continue reading

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Ghosn Fallout – Nissan Changes American Senior Management

Japanese prosecutors have accused him of hiding his compensation and shifting personal investment losses to Nissan’s books. Ghosn denying the charges claims Nissan executives who opposed closer ties to Renault went to Japanese authorities with false charges. Adding to the intrigue, Ghosn remains on the Board of Directors at al three companies. Continue reading

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IndustriALL Endorses Global Agreements to Fight and Shape Policy on the Growing Number of Auto Plant Closures

So whither auto plants with their well-paid, highly skilled and heavily unionized work? Plant closures and retrenchments in several countries is worrying for unions. Continue reading

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