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2023 Japan Mobility Show Mega Photo Gallery: All the highlights and reveals from Tokyo
Fri, Oct 27 2023The 2023 Japan Mobility Show managed to serve up a surprise heap of exciting and futuristic designs and production reveals. Our staff was on the ground in Tokyo for this year's show, where we captured not just all of the latest automotive trends, but some genuinely weird and fascinating stuff. Browse: Some Delightful Oddities of the 2023 Japan Mobility Show But on to the cars. This year's show featured introductions from Daihatsu, Honda, Lexus, Mazda, Mitsubishi, Nissan, Subaru, Suzuki and Toyota. Some are weird; some are wild; most are probably destined to change significantly before production or merely fade into the void with the rest of the industry's vaporware, but if even a few of these make it to showrooms, we'll consider it a win. Scroll on down for our live galleries of each of the show's major debuts (and cars we're only now seeing in person for the first time). Enjoy!  BMW X2 and iX2 BMW X2 View 6 Photos  Daihatsu me:MO Concept Daihatsu me:MO concept View 14 Photos  Daihatsu Vision Copen Concept Daihatsu Vision Copen View 7 Photos  Daihatsu Osanpo Concept Daihatsu Osanpo View 6 Photos  Daihatsu Uniform Concept Daihatsu Uniform concept View 6 Photos  Honda Prelude Concept Honda Prelude concept View 5 Photos  Honda Sustania-C and Pocket Concepts Honda Sustania-C and Pocket Concept View 8 Photos  Honda CI-MEV Concept Honda CI-MEV View 3 Photos  Infiniti Vision Qe Concept Infiniti Qe concept View 14 Photos  Lexus LF-ZC Lexus LF-ZC View 8 Photos  Lexus LF-ZL Lexus LF-ZL View 10 Photos  Mazda Iconic SP Mazda Iconic SP concept View 8 Photos  Mitsubishi D:X Concept Mitsubishi D:X Concept View 8 Photos  Nissan Hyper Force Concept Nissan Hyper Force concept View 11 Photos  Nissan Hyper Tourer Concept Nissan Hyper Tourer concept View 6 Photos  Nissan Hyper Punk Concept IMG_6533 copy View 8 Photos  Subaru Sport Mobility Concept Subaru Sport Mobility Concept View 7 Photos  Suzuki Swift Suzuki Swift View 5 Photos  Suzuki eWX Suzuki eWX Concept View 3 Photos  Suzuki eVX Suzuki eVX concept View 4 Photos  Toyota Land Cruiser Se Concept Toyota Land Cruiser Se concept View 4 Photos  Toyota FT-3e Concept Toyota FT-3e View 6 Photos  Toyota FT-Se Concept Toyota FT-Se View 7 Photos   Tokyo Motor Show Honda Infiniti Lexus Mazda Mitsubishi Nissan Subaru Suzuki Toyota
Carlos Ghosn to step down as Nissan CEO on April 1
Thu, Feb 23 2017Carlos Ghosn announced he will be stepping down as CEO of the Nissan on April 1, to be replaced by current Nissan co-CEO Hiroto Saikawa. The move comes after close to two decades of leadership and the rebuilding of a company that was close to disaster. Ghosn isn't finished with the company he helped rebuild, as he will remain on as chairman of the board and continue on as leader of the Renault-Nissan Alliance following the change of guard. In addition to running Renault-Nissan, Ghosn has taken over as chairman of Mitsubishi Motors after acquiring a 34-percent stake in 2016, a move he spearheaded. Ghosn stated, "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, and taking into consideration the upcoming Nissan general shareholders meeting, I have decided that the time is right for Hiroto Saikawa to succeed me as Nissan's CEO." A release from Renault-Nissan said the move allows Ghosn to focus more attention on bringing together the three companies. Saikawa, his replacement, has been with Nissan since 1977 and has overseen operations in the company's markets worldwide. Related Video: Image Credit: Reuters Hirings/Firings/Layoffs Mitsubishi Nissan Renault ceo nissan renault
Renault keeps 15% stake in Nissan, transfers majority of shares to French trust
Wed, Nov 8 2023Renault and Nissan completed a landmark deal to rebalance their 24-year-long alliance, paving the way for a new relationship after years of acrimony between the two partners. The automakers on Wednesday announced the creation of a French trust to which Renault transferred 28.4% of Nissan shares. The companies first disclosed plans for the trust in January. Renault Group and Nissan now have a cross-shareholding of 15% with lock-up and standstill obligations, the companies and junior alliance partner Mitsubishi Motors Corp. said in a statement. Renault managers in recent weeks have reiterated that staff should no longer share information with their Nissan counterparts, according to people familiar with the situation, after the French carmaker announced in September that aspects of the alliance would be unwound by year-end. Taken together with the deal to equalize their cross-shareholdings at 15%, the developments are the clearest indications yet that members of one of the world’s biggest automotive tie-ups are increasingly going their separate ways. Renault told employees in September it was moving away from common structures with Nissan in favor of a new, project-by-project approach to working together. The dissolution of the companiesÂ’ joint purchasing organization means the two will no longer pool information on a regular basis due to antitrust concerns. The sell-down of shares held by the trustee will be coordinated with Nissan, which will have the right of first offer to purchase the stock. The trust will have no obligation to sell the shares within a specific or pre-determined period of time. The new alliance deal presented to investors in London in February followed months of tense negotiations that nearly collapsed late last year due to sticking points on intellectual property and disagreement over the valuation of RenaultÂ’s electric-vehicle and software arm Ampere, in which Nissan has agreed to invest. The alliance dates back to 1999, when Renault rescued Nissan with a cash injection and the two formed one of the biggest auto partnerships in the industry. Rivalries and mutual suspicion mounted over the years and came to a head when former leader Carlos Ghosn openly contemplated merging the two companies, contributing to his downfall.