Nissan Motor Co’s nominating committee will discuss potential successors for Chief Executive Hiroto Saikawa at a meeting on Monday, after he privately signalled his readiness to resign, a source with knowledge of the matter said.
Nissan Motor Co’s premium brand Infiniti said it has named Taisuke Nakamura as its new design chief, replacing Karim Habib who resigned from the post.
Nissan said net profit slumped nearly 95 percent in the April-June quarter due to falling sales and growing costs.
Renault officials on Wednesday sought to reassure the firm’s alliance partner Nissan over a possible tie-up between the French automaker and Fiat Chrysler, which could up-end the auto industry.
French automaker Renault said on Monday that it would study “with interest” a 50-50 merger proposal from Fiat Chrysler, a deal that could reshape the industry as Renault reviews its options following the arrest in Japan of its chief executive.