The Japanese carmaker’s public accounting of its internal problems could provide a handy road map for lawyers seeking payback for investor losses. Source: NYT > Business – Ben Dooley
Nissan Will Cut 12,500 Jobs as Profit Plunges
The Japanese carmaker’s results suggest its problems run deeper than it has acknowledged, putting more pressure on it to fix its alliance with Renault. Source: NYT > Business – Ben Dooley
Renault and Nissan Need Each Other to Thrive in Future, 2 Leaders Say
The carmakers must reinvigorate their alliance and share the cost of a shift to electric, self-driving cars, Renault’s chairman and a Nissan board member said in separate interviews. Source: NYT > Business – Jack Ewing, Liz Alderman and Ben Dooley
Nissan of Japan Discloses a New Recall, Adding to Its Problems
Its management faces quality problems and a slide in profitability in addition to a management crisis prompted by the arrest of Carlos Ghosn. Source: NYT > Business – Ben Dooley
Nissan Reappoints Saikawa to Board as Shareholders Hammer Renault
Investors vented their anger at Nissan’s French partner, showing that tensions still boil within the vast but troubled car-making alliance. Source: NYT > Business – Ben Dooley
Glare Falls on Nissan’s C.E.O. as Ghosn Fallout Spreads
Seven months after the fall of Carlos Ghosn, Nissan’s chief executive, Hiroto Saikawa, is facing questions about his own competence and probity. Source: NYT > Business – Ben Dooley