BREAKING: Nissan CEO Replaced To Keep Honda Merger Dreams Alive
Effective April 1, the board of directors has approved titles and areas of responsibility for the representative executive officer and executive officers. Ivan Espinosa, currently the chief planning officer, has been appointed as the representative executive officer, president, and CEO, succeeding Makoto Uchida.
Nissan is already part of a triple-alliance, together with Mitsubishi and France's Renault. Although Mitsubishi considered joining the Honda-Nissan merger, that was old news by late January.
It's official: the potential merger between Nissan, Honda, and Mitsubishi is dead. Both Japanese automakers released the same press statements announcing the end of their MOU, or "memorandum of ...
Nissan's downward spiral continues, this time with the CEO himself confirming the brand needs outside investors in order to ...
The collapse of the proposed merger between Nissan and Honda opens the door for Foxconn to reenter the equation and resume ...
Nissan has been part of the Renault-Nissan-Mitsubishi alliance (the name changed when Mitsubishi joined in 2016). Japanese automaker Honda rose from the ashes of WWII and set about its ...
Honda and Nissan on Thursday announced the scrapping ... stake in the then loss-making firm in 1999 and Mitsubishi Motors joined the alliance 17 years later, with Nissan taking a 34-percent ...
Mitsubishi is turning away from Nissan for development of the next Outlander. Scheduled for 2027, the SUV will have a ...
Nissan and Honda had announced in December that ... The carmakers had worked in tandem, alongside junior partner Mitsubishi Motors. The alliance had allowed them to share production and ...
“The intent was to join forces to win in the global competition, but this was not going to realize Nissan’s potential, so I could not accept it,” Nissan’s CEO told reporters when the ...
Mitsubishi plans a 2027 Outlander redesign on a new, in-house platform instead of Nissan’s. The decision signals Mitsubishi ...
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