Cars
Toyota’s executives must be green with envy once they hear the salaries of their counterparts in Nissan. That is because, Nissan’s top directors were paid more than twice as much for the fiscal year that ended last March than their equals at Toyota, according to a report from Bloomberg. And this despite the fact that Toyota is Japan’s biggest car manufacturer and Nissan is number two.
- Nissan Mexico Exported Its Five-millionth Vehicle Since 1972, A Np300 Frontier
Nissan NP300 Frontier pickup shipped from Veracruz and destined for Colombia, one of the top export markets for Nissan from Mexico. The all-new Nissan NP300 Frontier was launched last March in Mexico, but there’s no word yet about a launch date...
- Big Japanese Auto Suppliers Fined $745 Million For Price Fixing In The U.s.
Nine Japanese companies and two executives will pay approximately $745 million (€552 million) in fines after they pleaded guilty for conspiracies to fix the prices of auto parts sold to U.S. automakers. The Department of Justice said that price-fixed...
- Vw Ceo Almost Doubles His Pay To $23 Million In 2011 After The Group Sets Record Sales And Profits
Saying that 2011 has been a very good year for the VW Group would be an understatement of huge proportions. Almost as huge as the 8.36 million sales the German group recorded in its best-ever year. Naturally, the man running the show should get a handsome...
- Nissan Suspends 'gt 2012' Business Plan, Announces Layoffs After Forecasting $2.9bn Loss
Driven by the severe downturn in the global economy and after the firm's CEO Carlos Ghosn reversed his forecast for the 2008 fiscal year that ends on March 31, 2009, from a net profit of $1.76 bn to a loss of $2.89 bn (265 billion yen), Nissan has...
- Question Of The Day: Did Or Didn’t Gm Cut Rick Wagoner’s Base Salary?
Well, depends on whom you ask. See, what started out as a simple post on GM’s decision to cut off 25% of Rick Wagoner’s base salary this year turned into a reporter’s (or rather blogger's), nightmare when we decided to crosscheck...
Cars
Nissan Pays Top Execs Twice as Much as Toyota and Honda
Toyota’s executives must be green with envy once they hear the salaries of their counterparts in Nissan. That is because, Nissan’s top directors were paid more than twice as much for the fiscal year that ended last March than their equals at Toyota, according to a report from Bloomberg. And this despite the fact that Toyota is Japan’s biggest car manufacturer and Nissan is number two.
In a statement that Nissan issued before its annual meeting on June 29, average salary, including bonuses, for 14 executives was 126 million yen, or $ 1.6 million. In comparison, Toyota paid its 38 directors and auditors an average of about 41 million yen per executive.
Read more »- Nissan Mexico Exported Its Five-millionth Vehicle Since 1972, A Np300 Frontier
Nissan NP300 Frontier pickup shipped from Veracruz and destined for Colombia, one of the top export markets for Nissan from Mexico. The all-new Nissan NP300 Frontier was launched last March in Mexico, but there’s no word yet about a launch date...
- Big Japanese Auto Suppliers Fined $745 Million For Price Fixing In The U.s.
Nine Japanese companies and two executives will pay approximately $745 million (€552 million) in fines after they pleaded guilty for conspiracies to fix the prices of auto parts sold to U.S. automakers. The Department of Justice said that price-fixed...
- Vw Ceo Almost Doubles His Pay To $23 Million In 2011 After The Group Sets Record Sales And Profits
Saying that 2011 has been a very good year for the VW Group would be an understatement of huge proportions. Almost as huge as the 8.36 million sales the German group recorded in its best-ever year. Naturally, the man running the show should get a handsome...
- Nissan Suspends 'gt 2012' Business Plan, Announces Layoffs After Forecasting $2.9bn Loss
Driven by the severe downturn in the global economy and after the firm's CEO Carlos Ghosn reversed his forecast for the 2008 fiscal year that ends on March 31, 2009, from a net profit of $1.76 bn to a loss of $2.89 bn (265 billion yen), Nissan has...
- Question Of The Day: Did Or Didn’t Gm Cut Rick Wagoner’s Base Salary?
Well, depends on whom you ask. See, what started out as a simple post on GM’s decision to cut off 25% of Rick Wagoner’s base salary this year turned into a reporter’s (or rather blogger's), nightmare when we decided to crosscheck...