AUTOMOTIVE: Nissan names Uchida as top executive
Nissan has tapped the head of its China business, Makoto Uchida, as its new president and chief executive, to help lead a recovery from the leadership crisis and sinking profitability that followed the arrest of its former chairman, Carlos Ghosn, last year. Uchida is replacing Hiroto Saikawa, who resigned after acknowledging receiving dubious income. The Japanese automaker announced Uchida’s appointment late Tuesday in a hastily called half-hour news conference by board members Yasushi Kimura and Masakazu Toyoda.