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July 28, 2024
 

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NISSAN

Japan Times
BUSINESS / Companies
Jul 7, 2020
Nissan secures ¥832.6 billion to shore up position amid pandemic
Japan's No. 2 automaker is struggling to recover profitability after posting its first annual loss in 11 years.
Japan Times
JAPAN / Crime & Legal
Jul 6, 2020
Carlos Ghosn’s accused escape plotters tap lobbyists in bid to avoid extradition to Japan
Lawyers and lobbyists for the two men have pressed their case before the U.S. Justice Department and State Department, as well as lawmakers.
Japan Times
BUSINESS / Companies
Jul 4, 2020
Turkish jet suspect testifies he cooperated with Carlos Ghosn escape under duress
MNG Jet's operations manager said he heard 'screams of joy' in the background while being told the ex-Nissan boss was on board.
Japan Times
BUSINESS / Companies
Jul 3, 2020
Japan asks U.S. to extradite two men accused of helping Carlos Ghosn escape
The two were arrested in Massachusetts in May for their alleged involvement in the dramatic escape of the fallen auto industry giant in late December.
Japan Times
BUSINESS
Jun 29, 2020
Japanese automakers' domestic output plunged 62% in May amid pandemic
The decline was worse than the previous record fall of 60.1 percent in April 2011, when a massive earthquake and tsunami struck northeastern Japan.
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
Jun 17, 2020
Ghosn’s accused escape artists will flee if on bail, U.S. warns
The Taylors' lawyers argue that bail jumping isn't a crime in Japan and have asked the judge to toss out the warrant.
Japan Times
BUSINESS / Companies
Jun 15, 2020
Nissan email trail casts new light on takedown of Carlos Ghosn
The documents show that a powerful group of insiders viewed his detention and prosecution as an opportunity to revamp Nissan's relationship with Renault.
Japan Times
BUSINESS / Companies
Jun 12, 2020
Nissan to ax nearly 250 jobs at U.K. plant after virus hits demand
Output at the Sunderland plant in northern England was halted in mid-March, with one production line resuming operations at the start of this week.
Japan Times
JAPAN / Crime & Legal
Jun 9, 2020
Men accused of helping Ghosn flee Japan challenges U.S. extradition case
Lawyers for the pair say the crime stated in the Japanese warrants for their arrest is a non-extraditable misdemeanor.
Japan Times
BUSINESS / Companies
Jun 2, 2020
Nissan sees cost of closing Barcelona plants at up to $1.7 billion, source says
The decision to leave was announced by the Japanese carmaker last week as part of a turnaround plan.
Japan Times
BUSINESS
Jun 1, 2020
Minivehicle sales post sharpest fall as Japan's auto market nearly halves
Sales of new minivehicles posted the sharpest fall in May as Japan's auto market nearly halved amid the coronavirus epidemic, which dampened demand and restricted business at car dealers, data from industry bodies showed Monday.
Japan Times
BUSINESS / Companies
Jun 1, 2020
'We thought too big,' Renault says as it axes 15,000 jobs
Faced with a slump in demand, the French carmaker detailed plans on Friday to find u20ac2 billion in savings over the next three years.
Japan Times
BUSINESS / Companies / FOCUS
May 29, 2020
Nissan falls behind rivals in industry's critical transitional period
Nissan Motor Co.'s business downturn may be causing a costly delay in the global race toward new mobility technologies, analysts say.
Japan Times
BUSINESS
May 29, 2020
Spain says it will do all it can to reverse Nissan closure amid protests
Spain said on Thursday it would do everything possible to stop Nissan from closing its main car factory in the country as angry workers burned tires and shouted "War" outside the Barcelona plant.
Japan Times
BUSINESS / Companies
May 29, 2020
Renault poised to announce 15,000 layoffs worldwide
The overall cuts would affect just under 10 percent of Renault's 180,000 global workforce.
Japan Times
BUSINESS / Companies
May 29, 2020
Japanese automakers' global output in April plunges 61% on year
Their output is likely to decline further except in China, where the economy is gradually recovering on the back of low new infection rates.
Japan Times
BUSINESS / Companies
May 28, 2020
Nissan reports huge ¥671 billion loss and plan to close Barcelona plant
Nissan Motor Co. reported a ¥671 billion ($6.2 billion) net loss for the latest fiscal year and unveiled a plan to turn the carmaker around by eliminating about ¥300 billion in annual fixed costs, cutting capacity and reducing the number of vehicle models.
Japan Times
BUSINESS / Companies
May 27, 2020
Nissan and Renault unveil steps to cut costs and revamp alliance
Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for more joint purchasing to reduce costs, with each company focusing on its strengths.
Japan Times
BUSINESS / Companies / FOCUS
May 25, 2020
Nissan-Renault-Mitsubishi ties more crucial than ever as pandemic rocks carmakers
Revising their strategies this week, the firms will at least have the opportunity to show progress in moving beyond last year's management paralysis.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives

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