logo
New Delhi
Home
News & Reviews
Videos
New Cars
New Bikes
Used Cars
Sell Car
Articles
Car services

Registered Office

ADDRESS
Mahindra First Choice Wheels Limited, 602, 6th Floor, Tower - B, Embassy 247, LBS Road, Vikhroli (West), Mumbai - 400083
CONTACT
+91 9606045096
EMAIL
contact@carandbike.com
© Mahindra First Choice Wheels Limited 2025. All rights reserved.
  • Latest News
  • Latest Reviews
  • Car News
  • Bike News
  • Car Reviews
  • Motorsport
  • Bike Reviews
  • Electric

Nissan On Gradual Recovery Path, Incoming CEO Uchida Tells Staff

Nissan Motor Co's incoming chief executive Makoto Uchida told employees on Friday that his mission is to "restore business performance and regain trust in Nissan." "Nissan is on the right path for recovery ... although it might be a gradual process," Uchida, who is Nissan's China chief, said in a video message posted on an internal company website. Someone who saw the video made details of it available to Reuters. Uchida is expected to formally take up the CEO post by January 1, 2020.
Reuters
Reuters
1 min read
2019-10-20 16:15:13
Follow us on
Nissan On Gradual Recovery Path, Incoming CEO Uchida Tells Staff

Nissan Motor Co's incoming chief executive Makoto Uchida told employees on Friday that his mission is to "restore business performance and regain trust in Nissan." "Nissan is on the right path for recovery ... although it might be a gradual process," Uchida, who is Nissan's China chief, said in a video message posted on an internal company website. Someone who saw the video made details of it available to Reuters. Uchida is expected to formally take up the CEO post by January 1, 2020.

His appointment was announced in early October, along with decisions by the board of Japan's second-biggest automaker to name Mitsubishi Motors executive Ashwani Gupta chief operating officer and Nissan executive Jun Seki vice chief operating officer.

The three will take the helm of a company that has been shaken by turmoil following the downfall of former chairman Carlos Ghosn last year and the departure of former CEO Hiroto Saikawa last month.

Nissan's profits have nearly evaporated and its business has weakened globally but especially in the United States.

To restore profitability, the Yokohama-based automaker is in the process of laying off some 12,500 employees globally and is trying to mend frayed ties with its alliance partner, Renault SA.

Following various internal meetings, Uchida told employees in the video he was convinced that Nissan was on the right path for recovery, though it might be a gradual process.

"However, please understand that I cannot do it alone," he said.
"The most important thing right now is to have trust and full contribution from each one of you."

Uchida said he was poised to use all his experience to turn the company around, which he stressed also "will include the building of alliance partnerships".

In picking Uchida as the new global head of Nissan, the company's board has chosen an executive known internally for close ties to top shareholder Renault and for a frank, straight-talking manner that has marked him as an outsider.

According to one long-time associate, who spoke on condition of anonymity, Uchida is known for his unflagging work ethic and relentless focus on cost control. The source described Uchida as direct and to the point in conversations, a "foreigner with a Japanese face".

Uchida joined the car maker mid-career in 2003, a rarity in a country where top executives usually spend their entire working lives at the same company.

# Nissan Motor Co# Nissan Cars# Nissan Motor# Makoto Uchida# Auto Industry
  • Overview
  • Highlight

Related News

Latest KTM Super Adventure S Evo Revealed First KTM To Get An AMT
1 min read
Latest KTM Super Adventure S Evo Revealed First KTM To Get An AMT
Driving License Driving License Driving License Driving License
0 mins read
Driving License Driving License Driving License Driving License
KTM Super Adventure S Evo Revealed First KTM To Get An AMT
2 mins read
KTM Super Adventure S Evo Revealed First KTM To Get An AMT
Toyota Crown Crossover RS Landscape Special Edition Revealed
5 mins read
Toyota Crown Crossover RS Landscape Special Edition Revealed
2021 MotoGP World Champion Fabio Quartararo To Stay With Yamaha Till 2026
1 min read
2021 MotoGP World Champion Fabio Quartararo To Stay With Yamaha Till 2026
Toyota Crown Crossover RS Landscape Special Edition Revealed
2 mins read
Toyota Crown Crossover RS Landscape Special Edition Revealed
Yamaha MT-15, Fascino & Ray ZR Get New Colours And Graphics For 2024
1 min read
Yamaha MT-15, Fascino & Ray ZR Get New Colours And Graphics For 2024
MG Hector Blackstorm Launch On April 10
1 min read
MG Hector Blackstorm Launch On April 10
BMW Group India Reports Over 51% Growth In Q1 2024 Car Sales, At 3,680 Units
1 min read
BMW Group India Reports Over 51% Growth In Q1 2024 Car Sales, At 3,680 Units

Research More on Nissan

placeholder
Variants
Images
Colours
*Ex-Showroom Price

Popular Nissan Models

  • Tata Harrier EV
    Tata
    Harrier EV
    Ex-showroom Price
    ₹ 21.49 - 30.23 Lakh
  • Volkswagen Golf GTI
    Volkswagen
    Golf GTI
    Ex-showroom Price
    ₹ 50.13 Lakh
  • Kia Carens Clavis
    Kia
    Carens Clavis
    Ex-showroom Price
    ₹ 11.1 - 20.76 Lakh
  • Lamborghini Temerario
    Lamborghini
    Temerario
    Ex-showroom Price
    ₹ 6 Crore
  • Volkswagen Tiguan R-Line
    Volkswagen
    Tiguan R-Line
    Ex-showroom Price
    ₹ 45.73 Lakh
  • Mercedes-Maybach SL 680
    Mercedes-Maybach
    SL 680
    Ex-showroom Price
    ₹ 3.92 Crore
  • BYD Sealion 7
    BYD
    Sealion 7
    Ex-showroom Price
    ₹ 48.9 - 54.9 Lakh
  • Kia Syros
    Kia
    Syros
    Ex-showroom Price
    ₹ 8.69 - 16.03 Lakh
  • Hyundai Creta EV
    Hyundai
    Creta EV
    Ex-showroom Price
    ₹ 18.02 - 24.38 Lakh
  • Lotus Emeya
    Lotus
    Emeya
    Ex-showroom Price
    ₹ 2.34 Crore

Upcoming Cars

  • placeholder
    Explore Other Topics

Trending News

  • Nissan, Mitsubishi To Jointly Explore Next-Gen Mobility Services
    2 mins read
    Nissan, Mitsubishi To Jointly Explore Next-Gen Mobility Services
  • Nissan Juke Facelift Debuts With Revised Interior, More Tech
    1 min read
    Nissan Juke Facelift Debuts With Revised Interior, More Tech
  • Nissan Extends Aftersales Support To Cyclone Michaung-Affected Customers In Tamil Nadu
    1 min read
    Nissan Extends Aftersales Support To Cyclone Michaung-Affected Customers In Tamil Nadu
  • Nissan Magnite Subcompact SUV Concept Interior Revealed
    3 mins read
    Nissan Magnite Subcompact SUV Concept Interior Revealed
  • Nissan COO Ashwani Gupta Steps Down; Replacement To Be Appointed Shortly
    2 mins read
    Nissan COO Ashwani Gupta Steps Down; Replacement To Be Appointed Shortly

Latest News

  • NewsNews
  • Expert ReviewExpert Review
View All
  • Latest KTM Super Adventure S Evo Revealed First KTM To Get An AMT
    Jaiveer Mehra | Nov 26, 2024
    Latest KTM Super Adventure S Evo Revealed First KTM To Get An AMT
    Compared to the 1290 Super Adventure, the new 1390 packs in a larger engine, more power and more tech on board
    1 min
  • Driving License Driving License Driving License Driving License
    car&bike Team | Nov 22, 2024
    Driving License Driving License Driving License Driving License
    0 mins
  • KTM Super Adventure S Evo Revealed First KTM To Get An AMT
    Jaiveer Mehra | Oct 25, 2024
    KTM Super Adventure S Evo Revealed First KTM To Get An AMT
    Compared to the 1290 Super Adventure, the new 1390 packs in a larger engine, more power and more tech on board
    2 mins
  • Toyota Crown Crossover RS Landscape Special Edition Revealed
    car&bike Team | May 20, 2024
    Toyota Crown Crossover RS Landscape Special Edition Revealed
    Japan-specific special edition gets off-road-focused tweaks including all-terrain tyres and a raised ride height.
    5 mins
  • 2021 MotoGP World Champion Fabio Quartararo To Stay With Yamaha Till 2026
    Yashraj Singh | May 16, 2024
    2021 MotoGP World Champion Fabio Quartararo To Stay With Yamaha Till 2026
    Despite a tumultuous journey in recent seasons, Quartararo reaffirms his commitment to Yamaha, citing belief in their new approach and potential for success
    1 min
  • Toyota Crown Crossover RS Landscape Special Edition Revealed
    car&bike Team | Apr 9, 2024
    Toyota Crown Crossover RS Landscape Special Edition Revealed
    Japan-specific special edition gets off-road-focused tweaks including all-terrain tyres and a raised ride height.
    2 mins
  • Yamaha YZF R3 Real-World Review: In Pictures
    Kingshuk Dutta | Mar 29, 2024
    Yamaha YZF R3 Real-World Review: In Pictures
    The Yamaha YZF R3 is fast, looks good and is a hoot to ride as well. But the price is where all the good work comes undone. Only if there was a way for Yamaha to price it right!
    2 mins
  • Yamaha YZF R3 Real-World Review; Good Motorcycle But Too Expensive For Its Own Good
    Kingshuk Dutta | Mar 28, 2024
    Yamaha YZF R3 Real-World Review; Good Motorcycle But Too Expensive For Its Own Good
    The Yamaha YZF R3 is fast, looks good and is a hoot to ride as well. But the price is where all the good work comes undone. Only if there was a way for Yamaha to price it right!
    1 min
  • Volvo XC40 Recharge Plus Single Motor Driven: A Better Deal Than The Twin-Motor Ultimate?
    Dhruv Attri | Mar 28, 2024
    Volvo XC40 Recharge Plus Single Motor Driven: A Better Deal Than The Twin-Motor Ultimate?
    The XC40 Recharge’s single motor variant is nearly Rs 3 lakh more affordable than the AWD version. But what’s the catch?
    4 mins
  • Royal Enfield Himalayan Long Term Test: Introduction
    Kingshuk Dutta | Mar 27, 2024
    Royal Enfield Himalayan Long Term Test: Introduction
    The new Royal Enfield Himalayan now joins car&bike’s long term fleet. Over the next few months, we will tell you how the motorcycle holds up to the rigours of daily riding, highway jaunts, off-road riding and much more.
    2 mins
  • Jawa 350 vs Royal Enfield Bullet 350 Comparison Review: In Pictures
    Kingshuk Dutta | Mar 27, 2024
    Jawa 350 vs Royal Enfield Bullet 350 Comparison Review: In Pictures
    The legacy of the Royal Enfield Bullet 350 has a new challenger in the Jawa 350. But which of these modern classic 350s with iconic nameplates is a better choice for you? We try and find the answer.
    2 mins
  • Home
  • News
  • Auto Industry
  • Nissan On Gradual Recovery Path, Incoming CEO Uchida Tells Staff