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April 04, 2025
 

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MAKOTO UCHIDA

Nisssan Chief Planning Officer Ivan Espinosa speaks during an online news conference on Tuesday. Espinosa will take over as CEO in April.
BUSINESS / Companies
Mar 12, 2025
Ivan Espinosa to take over as new Nissan CEO in April
Espinosa, the automaker's chief planning officer, joined Nissan in 2003 and has been working on product strategy and planning.
Makoto Uchida, CEO of Nissan, will step down from the post at the end of this month.
BUSINESS / Companies
Mar 11, 2025
Nissan CEO Makoto Uchida to step down
Current Chief Planning Officer Ivan Espinosa will be assuming the role starting in April in a bid to turn around the struggling Yokohama-based automaker.
Much of Nissan’s woes can be pinned on an aging lineup of outdated cars.
BUSINESS / Companies
Mar 11, 2025
Nissan focused on product development as it hunts for partner
Nissan wants to be directly involved in the development and rollout of new products, in a potential tie-up with a new business partner.
Nissan CEO Makoto Uchida concludes a news conference at the company's headquarters in Yokohama in February.
BUSINESS / Companies
Feb 27, 2025
Nissan management shake-up plans reported as sharks circle  
Nissan is considering a change in leadership following poor results and the failure of a proposed merger with Honda, according to a report citing unnamed sources.
Nissan CEO Makoto Uchida holds a news conference last week, rejecting Honda's proposal to make the company a subsidiary.
BUSINESS / Companies
Feb 18, 2025
Nissan shares rally on report talks with Honda could be reopened
The Japanese auto giants said last week they had scrapped plans to join forces.
Makoto Uchida, President and CEO of Nissan, holds a press briefing at the Japan Mobility Show 2023 in Tokyo on Oct. 25, 2023. Uchida is under presser to deliver a turnaround and to keep his job at the troubled carmaker.
BUSINESS / Companies
Dec 8, 2024
Nissan boss Uchida races to save the automaker — and his job
Makoto Uchida is under pressure to reverse Nissan’s fortunes after years of turmoil following the 2018 arrest of former chairman Carlos Ghosn.
Nissan's operating profit for the April-June period totaled ¥995 million, compared with ¥128.6 billion in the same period a year earlier.
BUSINESS / Companies
Jul 25, 2024
Nissan shares hammered as Q1 profit wiped out by U.S. discounts
The automaker has cut its operating profit forecast for the financial year by 17% to ¥500 billion from ¥600 billion.
Nissan Motor is planning to produce only electric vehicles in Europe by 2030.
BUSINESS / Companies
Sep 26, 2023
Nissan to go all-electric in Europe by 2030 despite U.K. delay
Nissan plans to launch 27 electrified vehicles, including 19 fully electric cars, by 2030.
Japan Times
BUSINESS / Companies
Feb 9, 2023
Nissan keeps annual profit forecasts and cuts unit sales target
The Japanese auto giant said it still expects a net profit of ¥155 billion ($1.2 billion) in the 2022-23 financial year, and also left its operating income outlook unchanged.
Japan Times
BUSINESS / Companies / FOCUS
Feb 7, 2023
Carlos Ghosn’s carmaking dreams disappear with Renault-Nissan revamp
The workaholic Brazilian-Lebanese executive, who spent much of his time jetting between the carmakers’ headquarters and factories, was the glue holding together the firms' alliance.
Japan Times
BUSINESS / Companies
Sep 29, 2021
Nissan will reach 2% profit margin goal despite COVID-19 parts pain, CEO says
Achieving the target set out last year in Nissan's turnaround plan would be a positive sign the carmaker is holding up despite the shortages plaguing the industry.
Japan Times
BUSINESS / Companies
Jul 14, 2021
Nissan CEO says $1.4 billion U.K. electric vehicle hub ‘just a start’
The automaker is betting that roughly a decade of experience making EVs will give it a leg-up over rivals in the increasingly crowded segment.
BUSINESS / Companies
Jun 22, 2021
Carlos Ghosn looms over Nissan annual meeting years after arrest
Shareholders at the automaker's annual meeting Tuesday repeatedly questioned executives about the events surrounding Ghosn's 2018 arrest.
BUSINESS / Companies
Sep 27, 2020
Nissan eyes return to profit in 2021 on back of resurgence in China
The company, which in May reported its first fiscal year loss in a decade, is forecasting a strong recovery in the Chinese market by year-end.
Japan Times
BUSINESS / Companies
Jul 28, 2020
Nissan sees sharp sales and profit drop as business struggles
Nissan will shut three production lines and cut about 14,000 jobs globally, up from 12,500 announced a year ago.
Japan Times
BUSINESS / Companies
Jun 18, 2020
More trouble at the top for Nissan, as COO Ashwani Gupta captures attention
Allies of the chief operating officer are pressing the board to promote him to co-CEO, so he can drive the turnaround plan he is said to have engineered.
Japan Times
BUSINESS / Companies
Mar 4, 2020
Nissan faces more pain before gain as business hit further by coronavirus, new CEO says
CEO Makoto Uchida promised to unveil a turnaround plan in May, on top of cutting more than 12,500 jobs amid decade-low profits and management turmoil caused by Carlos Ghosn's 2018 arrest.
Japan Times
BUSINESS / Companies
Feb 18, 2020
Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround
Nissan Motor Co.'s new chief executive said Tuesday he will accept being fired if he fails to turn around Japan's second-biggest automaker, which is grappling with plunging sales in the aftermath of the scandal surrounding former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Companies
Feb 3, 2020
Nissan's Brexit scenarios include closing European plants, report says
Japanese automaker Nissan Motor Co. has drafted a contingency plan to focus on its Sunderland plant in the U.K. and cut European production if a hard Brexit leads to tariffs on car imports from the continent, the Financial Times reported, citing two people involved in the discussions.
Japan Times
BUSINESS / Companies
Jan 28, 2020
Inside Nissan, a renewed push to get Renault to cut its stake
A proposal is being floated atop Nissan Motor Co. for the company to revive efforts to push Renault SA to reduce its stake in the Japanese carmaker and help balance the partnership, a person familiar with the matter said.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
U.S. tourist arrested after bringing a handgun into Japan
Hyogo police believe the handgun a U.S. tourist inadvertently brought into Japan slipped through security procedures at Kansai International Airport in Osaka Prefecture.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan’s leader didn’t read the job description
Prime Minister and ruling Liberal Democratic Party leader Shigeru Ishiba is facing a political funding scandal that has damaged his reputation and sparked speculation that internal efforts to remove him are underway.
Nintendo to launch the Switch 2 on June 5
The controllers for the Switch 2 will attach to the console magnetically rather than sliding on rails as with the original device.
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

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Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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