The board has set itself a deadline of end-October—just about seven weeks—to find a replacementThe new CEO will have to manage a complicated relationship with top shareholder Renault, its partner in a global carmaking alliance with Mitsubishi Motors
2 min read11 Sep 2019The search for a permanent replacement is underway and the company said it aimed to have a new CEO in place by the end of OctoberSaikawa, who admitted to the overpayment last week, will be temporarily replaced by Chief Operating Officer Yasuhiro Yamauchi
1 min read9 Sep 2019Carlos Ghosn's lawyers said they plan to apply for bail, and he could be out as soon as Friday if the request is approved
3 min read20 Dec 2018Nissan veteran Hiroto Saikawa, who took over from Ghosn as the automaker's chief executive last year, has harshly criticized his former boss and vowed to instill greater transparency and accountability at Nissan
4 min read3 Dec 2018Firms emphatically reiterate commitment to alliance
1 min read29 Nov 2018Nissan Motor is accelerating its bid to redress imbalances in the world's biggest auto alliance after Carlos Ghosn's arrest, seeking to limit the power of partner and top shareholder Renault to nominate officials to its board
3 min read26 Nov 2018Nissan's Hiroto Saikawa stunned observers when he unleashed a string of harsh charges against his mentor following Carlos Ghosn's arrest on suspicion of 'serious' financial misconduct
2 min read22 Nov 2018The 9-member Nissan board is due to vote tomorrow on the motion to dismiss Carlos Ghosn, but board members are divided, saying they have been given too little detail on his alleged financial crimes
2 min read21 Nov 2018The alleged misconduct has thrown an almost 20-year-old alliance between Nissan and France's Renault SA into chaos
4 min read21 Nov 2018I felt not just that is was regrettable, but much more strongly than that I felt indignation and personally, I keenly felt despair: Nissan CEO Hiroto Saikawa
1 min read20 Nov 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared