KEY TAKEAWAYS Japanese automaker Nissan Motor said Tuesday it is replacing CEO Makoto Uchida with Chief Planning Officer Ivan Espinosa, a month after its merger plan with rival Honda Motor collapsed.

This news comes after Honda made two lofty demands for merger negotiations to continue. One was that Uchida must be removed as CEO and the other was that Nissan would be a subsidiary of Honda ...

Nissan is considering replacing its CEO Makoto Uchida following a worsening in the automaker's business performance and the collapse of talks to combine with Honda Motor, Bloomberg News reported ...

Nissan Motor Co. named company insider Ivan Espinosa to replace CEO Makoto Uchida and helm the battered Japanese carmaker as it looks to secure a financial backer and stabilize its floundering ...

The leadership shakeup comes less than a month after Nissan and Honda terminated merger talks. Nissan CEO Makoto Uchida will step down from his position on April 1, the company said in a release ...

TOKYO (AP) — Japanese automaker Nissan’s chief executive, Makoto Uchida, is stepping down after the company reported dismal financial results and its merger talks with Honda collapsed.

TOKYO — Japanese automaker Nissan Motor Co.‘s chief executive, Makoto Uchida, is stepping down after the company reported dismal financial results. Nissan said in a statement Tuesday that Ivan ...

Nissan's share price has been volatile over the last five months, amid the launch and then scrapping of Honda merger talks. The company's stock is currently down 8.5% in the year to date.