Nissan Reforms Pass, Saikawa Reappointed as CEO

Nissan’s planned corporate governance reforms were teetering on the brink of disaster after alliance partner Renault indicated it might abstain from voting on them. The French automaker’s concerns were varied, focusing primarily on a lack of representation from Europe. But some believed Renault was feeling vengeful after Nissan failed to support a merger proposal with Fiat Chrysler and found the Japanese brand’s push for autonomy unsavory. Fortunately, for Nissan, Renault played ball and the reforms passed.

Hiroto Saikawa will likewise retain his position as CEO, despite previous indications that he would step down and claims that he might be too close to Carlos Ghosn to hold the job. Ultimately, Nissan shareholders voted for his reappointment and he promised to carry them boldly into the future while taking some responsibility for the brand’s recent bout of industrial scandals. However Saikawa’s time with the company may be short lived, as he’s already discussing his replacement.

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  • Master Baiter I like the references to Red Barchetta. My fun car is a spiritual cousin to this Miata: 2001 BMW M Roadster--green with tan leather; five speed.
  • Arthur Dailey I believe that removing the screen from the instrument panel would greatly improve the looks of the interior. What of the Recaro seats? Any that I have tried have been too narrow across the back. Have they 'modified' them to fit North American drivers?
  • Cprescott IIHS has to stay relevant by changing the rules in mid-stream and then it gets to falsely claim a car is unsafe. Point of fact that most vehicles on the road passed the pre-existing test and that IIHS should only test NEW products to the new test and to let the current models alone. The clown who used to be the face of IIHS was an arrogant little troll who loved to get face time for his arbitrary changes that he imposed.I understand things change, but an ethical organization would have a set name for a test and when the test changed, so would the name and the new test could not be imposed upon a vehicle it already tested with the old one. The manufacturer could point to the prior passed test and that would have been ethical. I'm surprised that IIHS hasn't gone back years to show how the new standard would have failed all current vehicles ever made - the cars didn't get less safe, but the test would make you think so.
  • Arthur Dailey Nearly a decade since Suzuki withdrew from the N.A. markets? Seems like just yesterday. They did make some 'decent' cars for the budget conscious. The Sidekick, Vitara and Grand Vitara all being favourites among my friends/colleagues from the former Soviet Union. They respect the simplicity and versatility of these vehicles. Particularly when they have the traditional body on frame structure.
  • Arthur Dailey Had a 210 'Sunny', 2-door. It was a base model with zero options (for example a rubber floor without any carpeting), that we used as a courier style vehicle. It took all kinds of aggravation/bad treatment, received only minimal maintenance and never once complained or let us down.