Carlos Ghosn is stepping down as Chief Executive Officer (CEO) of Nissan Motor Co. after being the brand’s big boss since June 2001. Hiroto Saikawa, who has been with Nissan since 1977, will assume the position of CEO effective April 1, 2017.
However, Ghosn wouldn’t go in vacation as he will continue to be Nissan’s Chairman of the Board of Directors. Subsequently, Automotive News reported that Ghosn would retain his role as Chairman and CEO of Renault and Renault-Nissan Alliance.
In addition, Ghosn will remain as the chairman of Mitsubishi Motors, the latest company to be part of the Renault-Nissan Alliance.
I am confident that the management team I have developed at Nissan over the past 18 years has the talent and experience to meet the company's operational and strategic goals. Having recently taken on new responsibilities at Mitsubishi Motors…I have decided that the time is right for Hiroto Saikawa to succeed me as Nissan's CEO," Ghosn said.
On the other hand, Saikawa has been the co-CEO of Nissan after the brand acquired a controlling stake in Mitsubishi.
Latest News
-
Ford shows off the new Ranger PHEV: torquier than the Raptor! / News
Ford has introduced the Ranger PHEV, a powerful new hybrid option in the Ranger lineup, at the IAA Transportation show in Germany, leading many to wonder if it will be available in the Phili...
-
Ford launches the Mustang GTD, its most powerful yet—will it come to the Philippines? / News
The 2025 Mustang GTD is here, and it’s a beast. Ford says it’s the fastest Mustang they've ever made.
-
VinFast VF3 charges into the Philippines, starts at P645K / News
VinFast has launched the VF3, its entry-level electric vehicle, here in the Philippine market.
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Jerome Tresvalles · Sep 02, 2024
-
First car or next car, the Ford EcoSport is a tough package to beat
Jun 18, 2021
-
Car Maintenance checklist and guide – here’s everything you need to know
Earl Lee · Jan 12, 2021
-
Most fuel efficient family cars in the Philippines
Bryan Aaron Rivera · Nov 27, 2020
-
2021 Geely Okavango — Everything you need to know
Joey Deriquito · Nov 19, 2020
-
Family cars in the Philippines with the biggest trunks
Sep 20, 2023
-
Head to head: Toyota Rush vs. Suzuki XL7
Joey Deriquito · Oct 28, 2020
-
Why oil changes are important for your car
Earl Lee · Nov 10, 2020
-
2021 Kia Stonic — What you need to know about it
Joey Deriquito · Oct 16, 2020
-
Top 7 tips for buying a used car in the Philippines
Joey Deriquito · Nov 26, 2020