Shareholders of Nissan Motor Co. approve a revamped management that diminishes the influence of its biggest shareholder and alliance partner, Renault SA, as the Japanese automaker seeks to rebalance its rocky partnership with the French company.
Nissan Motor Co. and Mitsubishi Motors Corp. are considering investing in alliance partner Renault SA s new electric vehicle company Ampere, the French automaker says, as Nissan and Renault try to revise their decades-old capital tie-up.
Former Nissan Motor Co. CEO Carlos Ghosn has criticized the guilty verdict handed to his former aide Greg Kelly by a Tokyo court for helping him underreport his remuneration, saying it was a "face-saving" judgement for the prosecutors and Japanese automaker.
An alliance of Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. says it will invest 23 billion euros ($26 billion) over the next five years to boost the electrification of their vehicle lineup.