An executive scandal, questionable strategy, and outdated design dragged down the automaker's profits.
The chairman of Nissan Motors, Carlos Ghosn, has been arrested by Japanese prosecutors. He’s accused of underreporting his income on financial statements. Nissan says it’ll fire him this week and Nissan’s CEO says Ghosn’s arrest shows that too much power…
Nissan said it was providing information to the prosecutors and cooperating with their investigation. The allegations also concern a Nissan representative director, Greg Kelly, who was also arrested.
Some workers at the Nissan plant in Canton, Mississippi, are framing their fight for a union and higher wages as part of a longer fight for equality in the Deep South.
There was some big news this week in the auto and tech industries, which are increasingly overlapping. The world’s largest automotive partnership, the Renault-Nissan-Mitsubishi Alliance, which sold more than 10 million cars around the world last year, is going to…
Smaller car makers will increasingly be at a disadvantage in global markets
Why Nissan is willing to lose money on the Leaf.