The Guardian (January 8)
“The former Nissan boss is right to point the finger at a legal system that the UN has described as ‘medieval.’” While he may not be a sympathetic character, Carlos Ghosn’s “allegations are not far-fetched” to “anyone familiar with the Japanese justice system.”
Tags: Allegations, Ghosn, Japan, Legal system, Medieval, Nissan, Right, UN
South China Morning Post (January 5)
“The truth is more likely to emerge now that Ghosn and Nissan can each tell their own stories.” This “might not only give Ghosn a chance to salvage his reputation but also prompt Japan to reflect on whether its justice and corporate governance systems serve its best interests amid competitive globalisation.”
Tags: Best interests, Corporate governance, Ghosn, Globalisation, Japan, Justice, Nissan, Reputation, Salvage, Truth
Bloomberg (September 10)
“In Japan, is there one standard of justice for Japanese executives and another for non-Japanese executives? The forced resignation on Monday of Nissan Motor Co.’s chief executive officer, Hiroto Saikawa, certainly seems to suggest as much.” At this point, “would any non-Japanese manager really be interested in taking the helm at Nissan given what happened to Ghosn? It’s a little hard to envision.”
Tags: CEO, Executives, Japan, Japanese, Justice, Nissan, Non-Japanese, Resignation, Saikawa, Standard
Forbes (February 18)
“Drawn by generous incentives and the opportunity to sell directly into a unifying Europe, the car industry became a poster child for inward investment.” Now the survival of this industry in the UK is at stake. Honda’s scheduled plant closing “comes after last month’s announcement of up to 4,500 job losses at Jaguar Land Rover and news that Nissan’s new X-Trail model is to be made in Japan, not Sunderland.” Furthermore, “Toyota and Ford have warned of negative consequences in the case of Britain editing the European Union without a negotiated deal.”
Tags: Car industry, EU, Europe, Ford, Honda, Incentives, Investment, Jaguar Land Rover, Job losses, Nissan, Survival, Toyota, UK
Wall Street Journal (December 16)
“Not everybody at Nissan was happy with their rock-star chairman, Carlos Ghosn. His high-living ways gave the company ammunition to take him down.”
Tags: Ammunition, Chairman, Ghosn. High-living, Happy, Nissan, Rock-star
Wall Street Journal (December 10)
Carlos Ghosn’s reported plan to fire CEO Hiroto Saikawa “adds a new twist to the drama inside Nissan…. While that internal investigation was going on, Mr. Ghosn was growing increasingly dissatisfied with Mr. Saikawa’s handling of business problems at Nissan including a slowdown in U.S. sales and repeated quality issues in Japan, say people familiar with the matter.”
Tags: CEO, Dissatisfied, Drama, Fire, Ghosn, Investigation, Nissan, Quality issues, Saikawa, Slowdown, Twist, U.S.
South China Morning Post (November 25)
The unfolding truth “appears to be rather different” than “the narrative spun by Nissan and apparently condoned by Japanese authorities.” When the full story about Ghosn is revealed, “it threatens to do at least as much damage to the reputation of the government and industry alliance known as Japan Inc as to the man at the centre of the affair” for it increasingly appears “Nissan’s old guard struck back against their ‘gaijin’ savior.”
Tags: Alliance, Authorities, Damage, Ghosn, Government, Industry, Japan Inc., Nissan, Reputation, Truth, Unfolding
CNBC (November 20)
“There aren’t many automotive executives who can claim to have saved a company, let alone three. But now, Carlos Ghosn might also prove to be the man responsible for shattering the global alliance that transformed Renault, Nissan and Mitsubishi into an industry powerhouse.”
Tags: Auto, Executives, Ghosn, Global alliance, Mitsubishi, Nissan, Powerhouse, Renault, Shattering
The Economist (March 17)
“Renault-Nissan-Mitsubishi has become the world’s biggest carmaker,” but “the job of drawing it even closer together will be tricky.”
Tags: Carmaker, Mitsubishi, Nissan, Renault, Tricky, World's biggest
Financial Times (November 23)
“Mitsubishi Materials has admitted its subsidiaries falsified data about products used in crucial parts of aircraft and cars, dragging another of Japan’s largest manufacturers into the data falsification scandal at Kobe Steel…. The disclosure will raise the pressure on Japan’s manufacturing sector, which has been struck in the past two months by certification scandals at carmakers Nissan and Subaru, as well as Kobe Steel, Japan’s third-largest steelmaker.”
Tags: Aircraft, Cars, Certification, Disclosure, Falsified, Japan, Kobe Steel, Manufacturers, Mitsubishi Materials, Nissan, Pressure, Product data, Scandals, Steelmaker, Subaru