Nissan Motor Co., Ltd. shareholders today issued near-unanimous support for the company's CEO and board of directors when they overwhelmingly voted to re-elect them for another two-year term and passed all management proposals.
After the all-electric Nissan LEAF's best sales month ever in March and a 423.5 percent year-over-year sales increase in April, Nissan LEAF continues to make history by crossing the 25,000 sales threshold, reinforcing LEAF's position as the world's best-selling electric vehicle.
Nissan Motor Co., Ltd. today announced financial results for the twelve-month period ending March 31, 2013. Nissan faced a range of challenges during fiscal year 2012, yet fourth quarter profitability enabled the company to achieve its full-year net income target. Nissan also generated strong free cash flow and strengthened its balance sheet during FY2012.
Nissan announced today the appointment of Santiago Castro as sales and exports director for Nissan Latin America and the Caribbean (NLAC). He will report to Jose Roman, managing director for Nissan Latin America and the Caribbean.
Nissan today announced that Dan Bednarzyk, currently vice president of the Nissan Canton Vehicle Assembly Plant in Mississippi, is named to the newly created position of vice president, Total Delivered Cost, effective May 13.
Nissan Motor Co., Ltd. today announced its plan to expand the use of Advanced High Tensile Strength Steel (AHSS) in to up to 25 percent of the vehicle parts (measured by weight) installed in its new production models. Nissan will make use of advanced high tensile strength steel starting in 2017 as one of its initiatives to help reduce vehicle weight.