Nissan directors are gauging interest in candidates to succeed Makoto Uchida, the 22-year company veteran who’s been CEO since late 2019, sources said.
Nissan Motor is considering replacing its CEO Makoto Uchida following a worsening in the Japanese automaker's business performance and the collapse of talks to combine with Honda Motor, Bloomberg News reported on Thursday citing people familiar with the matter.
Fitch Ratings said on Wednesday it has downgraded Nissan Motor's rating to junk-status BB+ from BBB-, referring to the Japanese automaker's "persistently low profitability, with a delayed recovery trajectory against our expectations".
Car manufacturer Nissan has cancelled a production shift at its UK factory as part of efforts to improve efficiency. The Sunderland plant has cancelled its Line 1 late shift and will instead focus its resources on Line 2,
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Reports of an overture towards the American electric vehicle maker come days after Nissan’s merger talks with Honda collapsed.
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Shares in the beleaguered Japanese carmaker surged on Friday despite Musk denying reports that Tesla could be a prospective investor.
The Nissan Rogue is the brand’s best-selling compact crossover SUV, positioned between the smaller Kicks and the somewhat fancier Murano. Competing directly with segment leaders like the Toyota RAV4 and Honda CR-V, the Rogue faces pressure to balance affordability, fuel efficiency, and practicality.
“Nissan Altima” is the first single from Doechii’s mixtape “Alligator Bites Never Heal.” The full-length project earned her Best Rap Album at this year’s ceremony, where she was also nominated for two other awards: Best New Artist and Best Rap Performance for “Nissan Altima.”
Moody’s said the rating action reflects the Japanese automaker’s weak profitability driven by slowing demand for its aging model portfolio.
Nissan Motor is considering replacing its CEO Makoto Uchida following a worsening in the Japanese automaker's business performance and the collapse of talks to combine with Honda Motor , Bloomberg News reported on Thursday citing people familiar with the matter.