Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Nissan Motor Co., Ltd.    7201   JP3672400003

NISSAN MOTOR CO., LTD.

(7201)
  Report
End-of-day quote. End-of-day quote Tokyo Stock Exchange - 02/25
481.4 JPY   -4.50%
02/22Carlos Ghosn's New Life in Exile -- WSJ -2-
DJ
02/22Carlos Ghosn's New Life in Exile -- WSJ
DJ
02/22Carlos Ghosn's New Life in Exile -2-
DJ
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Hadi Zablit promoted to general secretary of Renault, Nissan alliance

share with twitter share with LinkedIn share with facebook
share via e-mail
12/04/2019 | 04:04am EST
FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims

Renault, Nissan Motor Co and Mitsubishi Motors on Wednesday said they had promoted Hadi Zablit to general secretary of their automaking alliance to accelerate business efficiencies across the companies.

Zablit, senior vice president of business development at the alliance, takes up the newly created position on Monday and will focus on maximising the contribution of the alliance's scale to the profits of each company, the automakers said in a statement.

The announcement comes as Nissan and Renault try to mend ties amid falling profits a year after the Carlos Ghosn scandal. Nissan brought in a new executive team this week, while Renault is set to choose a new CEO in the coming weeks.

The 49-year-old, who holds Lebanese and French citizenship, began his career at Renault in 1994 as a production process engineer at the automaker's powertrain division. He later joined Boston Consulting Group where he eventually became a senior partner, before returning to Renault in 2017.

Since then, he has served as head of Renault's digital operations, and among other tasks, heads the partnership's joint ventures for autonomous mobility services.

In his new role, Zablit will be tasked with overseeing special projects to enable the three automakers to work more efficiently. In a statement, the alliance said that details of these projects would be announced in coming weeks.

Renault has held a 43% stake in Nissan since the French automaker rescued Nissan from a financial crisis two decades ago. Their partnership has focused on using their combined scale to lower costs for research and development, procurement and production.

Both automakers and their junior partner Mitsubishi were shaken by the arrest of former chairman Ghosn last November on allegations of financial misconduct, which he denies.

Zablit's position is the first executive role to be announced by the alliance in the past year since Ghosn's arrest. Since then, some positions which focus on joint tasks, including communications, have stopped operating.

Earlier this year, Renault tried to forge deeper capital ties with Nissan, only to be rebuffed by the Japanese automaker. This week, Nissan's new CEO, Makoto Uchida, told reporters that the alliance had "to benefit each of its partners in terms of revenue and profit".

Uchida added that closer capital ties with Renault were not a focus in the short term.

(Reporting by Naomi Tajitsu; Editing by Clarence Fernandez and Jacqueline Wong)

Stocks mentioned in the article
ChangeLast1st jan.
MITSUBISHI MOTORS CORPORATION -4.46% 386 End-of-day quote.-0.52%
NISSAN MOTOR CO., LTD. -4.50% 481.4 End-of-day quote.-0.72%
RENAULT 1.22% 29.085 Real-time Quote.-31.88%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on NISSAN MOTOR CO., LTD.
02/22Carlos Ghosn's New Life in Exile -- WSJ -2-
DJ
02/22Carlos Ghosn's New Life in Exile -- WSJ
DJ
02/22Carlos Ghosn's New Life in Exile -2-
DJ
02/22Carlos Ghosn's New Life in Exile
DJ
02/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
02/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
02/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
02/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
02/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
02/21NEWS HIGHLIGHTS : Top Company News of the Day
DJ
More news
Financials (JPY)
Sales 2020 10 318 B
EBIT 2020 113 B
Net income 2020 97 030 M
Debt 2020 6 550 B
Yield 2020 2,08%
P/E ratio 2020 19,3x
P/E ratio 2021 8,12x
EV / Sales2020 0,82x
EV / Sales2021 0,79x
Capitalization 1 885 B
Chart NISSAN MOTOR CO., LTD.
Duration : Period :
Nissan Motor Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NISSAN MOTOR CO., LTD.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 689,67  JPY
Last Close Price 481,80  JPY
Spread / Highest target 207%
Spread / Average Target 43,1%
Spread / Lowest Target 5,85%
EPS Revisions
Managers
NameTitle
Makoto Uchida Executive President & Chief Executive Officer
Yasushi Kimura Chairman
Ashwani Gupta COO & Representative Executive Officer
Stephen Ma Chief Financial Officer & Executive Officer
Anthony Thomas Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
NISSAN MOTOR CO., LTD.-0.72%17 107
TOYOTA MOTOR CORPORATION1.39%190 758
VOLKSWAGEN AG-11.88%85 080
HONDA MOTOR CO., LTD.1.14%46 435
DAIMLER AG-19.99%45 973
GENERAL MOTORS COMPANY-13.25%45 371