Everyone seems to be at war with Audi as companies fight to top the sales charts and close marketing gaps by making cars that cater to almost every need. As a result, word is that Infiniti aims to quadruple their market share in China’s luxury auto market to combat Audi within the next five years. [...]
Infiniti CEO Ghosn has recently shared some mixed messages recently in regards to the company having plans of its own version of Nissan’s awesome GT-R. Ghosn comments “Are we going to do that, I would say ‘no’, I don’t think so…If your question is ‘could we do that’, I would say ‘yes’. The idea of [...]
Being a CEO of an automaker is quite a lucrative position. FoMoCo’s CEO Alan Mulally definitely understands that first-hand as his total compensation for 2010 came in at an eye-wattering $26.5 million. Nissan’s CEO Carlos Ghosn, 57, received 982 million yen or $11.46 million in total compensation last fiscal year, including salary and stock options. [...]
Nissan yesterday announced a new business plan called ‘Nissan Power 88′ that will be effective immediately for fiscal years 2011 to 2016. The focuses on two goals for the Japanese automaker including “achieve a global market share of 8% and increase its corporate operating profit to a sustainable 8%” during the specified period. “Nissan Power 88 [...]
Nissan today announced a new 6-year business plan that will accelerate the Japanese automaker’s growth across new vehicle segment and markets. The new business plan is called ‘Nissan Power 88′ and will be effective immediately for fiscal years 2011 to 2016. Why is it called Nissan Power 88? The number emphasizes key corporate goals as [...]
Nissan Motor Co may be the second-largest automaker in Japan, but it hands out the paychecks at the number one spot, paying over double what Honda Motor Corp and Toyota Motor Corp. shared with employees. The 14 Nissan executives received a pay raise, 9 of which saw a 32% increase, all receiving an average of [...]
In an interview with French newspaper, Le Monde, Renault – Nissan CEO Carlos Ghosn said that he is still interested in having a closer relationship with General Motors. “Today, I remain open to closer ties with GM,” Ghosn was quoted saying. “If they are interested, they will come to us.” He said that he originally [...]
Earlier this month its was reported that the Obama administration wanted Renault/Nissan CEO Carlos Ghosn to lead General Motors once it came out of a government scripted bankruptcy. The news was made popular by Steven Rattner’s, the former auto czar for President Obama, tell-all book about his six months with the new administration. Ghosn today [...]
Steven Rattner was president Obama”s auto adviser who was at the helm of the government”s bailout of Chrysler and GM in 2009. He is now set to publish a tell-all book about his six months at 1600 Pennsylvania Avenue. The book, entitled “Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto [...]
FoMoCo chief Alan Mulally makes more than Toyota’s Akio Toyoda, Nissan’s Carlos Ghosn, and Honda’s Takanobu Ito – combined. The three Japanese heads earned 100 million yen ($1.1 million), 891 million yen, and 115 million yen, respectively. Mulally earned $17.9 million in 2009. Bear in mind that FoMoCo’s salaries are not subject to the same [...]
