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July 28, 2024
 

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NISSAN

BUSINESS
Feb 25, 2020
Nissan warns about future of European plants as Brexit weighs
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group's car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
Japan Times
BUSINESS
Feb 21, 2020
Nissan and Honda delay restart of China plants due to COVID-19
In compliance with local directives, Japanese automakers on Friday delayed the restart of plants in China near outbreaks of the new coronavirus COVID-19, raising the risk of further supply disruptions that could affect global car production.
Japan Times
BUSINESS / Companies
Feb 19, 2020
Moody's downgrades Renault to 'junk' status, capping disastrous year without Ghosn
Renault SA had its credit rating cut to junk by Moody's Investors Service after the French carmaker posted its first annual loss in a decade and indicated operating margins are set to shrink.
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
Feb 14, 2020
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and economic uncertainties.
BUSINESS
Feb 13, 2020
Japanese firms struggle to restart China factories amid COVID-19 outbreak
Japanese manufacturers in China are facing challenges getting restarted after the extended Lunar New Year holiday because of restrictions on the movement of people and goods caused by COVID-19.
Japan Times
BUSINESS / Companies
Feb 12, 2020
Nissan sues Ghosn in Japan, seeks ¥10 billion in damages
Nissan Motor Co. is stepping up its pursuit of claims against former Chairman Carlos Ghosn, suing for ¥10 billion ($91 million) in damages from the former leader of the Japanese automaker and its alliance with Renault SA.
Japan Times
BUSINESS
Feb 11, 2020
Nissan to become first Japanese carmaker to halt domestic plant operations over coronavirus outbreak
Nissan Motor Co. plans to halt operations at a plant in southwestern Japan for two days this month due to disruptions to parts supplies from China amid the new coronavirus outbreak, sources have said, becoming the first Japanese automaker to halt domestic plant operations over the crisis.
Japan Times
JAPAN
Feb 11, 2020
Eyeing TV and film deals, Carlos Ghosn hires legendary agent Michael Ovitz
Few people in Hollywood are more familiar with entertainment negotiations than Ovitz, who has been one of the industry's most prominent deal-makers since the 1980s.
Japan Times
BUSINESS
Feb 11, 2020
Carlos Ghosn used Nissan-Mitsubishi venture to inflate pay, companies' lawyers allege
Carlos Ghosn, the fugitive former auto executive, used a joint venture between Nissan and Mitsubishi to inflate his pay, effectively clawing back a cut to his declared wages, and to cover a personal tax debt, lawyers for the companies said on Monday.
Japan Times
BUSINESS / Companies / FOCUS
Feb 7, 2020
Japan carmakers brace for supply and demand nightmares due to coronavirus
As many of them know, 'it's impossible to manufacture cars without China.”
Japan Times
BUSINESS
Feb 6, 2020
Nissan completes U.K.'s longest and most complex driverless car trip
A Nissan car has completed a 370-kilometer journey autonomously in the U.K., the longest and most complex such trip in the country, as carmakers race to develop the driverless technologies set to revolutionize travel.
Japan Times
BUSINESS
Feb 5, 2020
Hyundai to halt South Korea output as new coronavirus disrupts parts supply
Hyundai Motor will suspend production in South Korea because the outbreak of the new coronavirus has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.
Japan Times
BUSINESS / Companies
Feb 3, 2020
Japan's Nidec betting on electric cars and acquisitions to triple sales: sources
Nidec Corp. plans to more than triple its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, according to two people familiar with the matter.
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
Feb 2, 2020
Japanese firms take Brexit in stride but worry over British prospects for trade talks with EU
Japanese companies in Britain are taking the British exit from the European Union in stride, but some are wary that if Britain-EU trade talks falter, prospects for business in Europe will become uncertain.
JAPAN / Crime & Legal
Jan 30, 2020
Tokyo prosecutors get warrants for Ghosn and trio suspected of helping him flee
Tokyo prosecutors on Thursday obtained a fresh arrest warrant for former Nissan Motor Co. Chairman Carlos Ghosn for leaving Japan while on bail.
Japan Times
BUSINESS / Companies
Jan 30, 2020
Toyota second in 2019 global car sales, overtaking Nissan-Renault
Toyota sold a record 10.74 million units globally in 2019, up 1.4 percent from a year earlier.
Japan Times
BUSINESS / Companies
Jan 29, 2020
Tokyo prosecutors search office of Carlos Ghosn's ex-lawyer
Tokyo prosecutors Wednesday searched the office of a lawyer who used to represent Carlos Ghosn, in connection with the former Nissan Motor Co. chairman's recent escape from Japan to Lebanon.
Japan Times
BUSINESS / Companies
Jan 29, 2020
Nissan takes an ax to the house that Ghosn built with new cost-cutting measures
Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said.
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.

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