By on June 25, 2019

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.
(Read More…)

Recent Comments

  • Lorenzo: Was Saikawa really a protege of Ghosn? If you consider the possibility the Japanese plotted to take back...
  • ponchoman49: LOL the exterior styling is the least of the Silverado’s issues. Seeing them all over the road now...
  • Hummer: I don’t doubt the other two are better cars, but GM knew in 2011 that visibility was an issue and then...
  • Raevoxx: I’m going to straddle the line, here, and kind of cut directly to the chase; to the heart of the...
  • DenverMike: Once the gas pedal goes to the floor, the trans, “trained” or not, won’t hang on to the...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributors

  • Timothy Cain, Canada
  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States
  • Moderators

  • Adam Tonge, United States
  • Corey Lewis, United States