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India

Maki Shiraki

Nissan warns of profit plunge, set to unveil 10,000 job cuts

24 Jul 2019

YOKOHAMA Nissan Motor Co Ltd 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.

SoftBank, Toyota's self-driving car venture to add five more automakers: sources

27 Jun 2019

TOKYO The self-driving car joint venture of SoftBank Corp and Toyota Motor will receive investment from a further five Japanese automakers, two sources familiar with the matter said, broadening backing for the all-Japan effort.

Nissan shareholders set to back CEO Saikawa amid fraying ties with Renault

24 Jun 2019

TOKYO Nissan Motor shareholders are widely expected to back Chief Executive Hiroto Saikawa at an annual general meeting on Tuesday, extending his tumultuous tenure at an automaker shaken by scandal and the loss of trust with alliance partner Renault.

Nissan shareholders set to back CEO Saikawa amid fraying ties with Renault

24 Jun 2019

* Nissan holds annual shareholders meeting at 0100 GMT on Tuesday

UPDATE 2-Nissan considers giving Renault some seats on oversight committees - source

15 Jun 2019

* Execs may be named to nomination, audit, compensation committees -source (Adds source's comment on chair of Nissan's board of directors)

Bombardier shares up on regional jet sale talks with Mitsubishi Heavy

05 Jun 2019

MONTREAL/TOKYO Japan's Mitsubishi Heavy Industries Ltd said on Wednesday it was holding talks to buy Bombardier Inc's regional jet program, sending the Canadian company's shares up 14%.

RPT-UPDATE 1-Nissan CEO sees no big downside to FCA-Renault merger

30 May 2019

TOKYO, May 29 Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA) , it said on Wednesday in a lukewarm endorsement of the proposed $35 billion tie-up, which would complicate an already uneasy alliance.

Nissan CEO sees no big downside to FCA-Renault merger

29 May 2019

TOKYO Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA), it said on Wednesday in a lukewarm endorsement of the proposed $35 billion tie-up, which would complicate an already uneasy alliance. | Video

Nissan retains Saikawa as CEO, in likely rebuff of Renault

17 May 2019

TOKYO 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.

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