Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Berlin - Delayed Quote • EUR Nissan Motor Co Ltd (NISA.BE) Follow Compare 2.6735 -0.0635 (-2.32%) As of 4:30:03 PM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Business Secretary vows ‘substantial change of policy’ in electric car climbdown The Business Secretary has promised “substantial change” to controversial electric car sales targets as ministers scramble to ensure Nissan maintains a manufacturing presence in Britain. Trump Trade: EO draft calls for elimination of Education Department Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly: EDUCATION DEPARTMENT: President Donald Trump is expected to issue an executive order as soon as Thursday aimed at scrapping the Education Department, and Secretary Linda McMahon would be directed to “take all necessary steps to facilitate the closure” based on “the maximum extent appropriate and S&P cuts Nissan credit rating to 'BB' S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to 'BB'. It said that "prospects for a fast improvement in Nissan Motor's automotive business to levels comparable with similarly rated peers' are now remote". Factbox-Who could be the next Nissan CEO after Uchida? If Uchida does exit, his replacement would become the fourth person to lead the carmaker in a little under six years, reflecting a sign of the management turmoil that has plagued Nissan following the ouster of its former chairman Carlos Ghosn. Papin is Nissan's chief financial officer, having been appointed to the role in January. Previously, he served as chairperson of the management committee for the Americas, where he was responsible for both the Nissan and luxury Infiniti brands across the Americas. Nissan board to discuss potential CEO successors at March 11 meeting, sources say TOKYO (Reuters) -Directors of Japan's third-largest automaker Nissan will discuss potential successors to CEO Makoto Uchida at a meeting on March 11, as his position has become untenable given the worsening performance of the company, three people familiar with the matter said. Candidates being considered include Chief Financial Officer Jeremie Papin and Chief Planning Officer Ivan Espinosa, one of the people and a fourth person said, but neither are seen as a certainty, especially considering their association with current management missteps. A Nissan representative declined to comment. 7-Eleven Owner Appoints First Foreign Leader (Bloomberg) -- Seven & i Holdings Co. will sell an underperforming retail business, replace its chief executive and buy back shares to strengthen its case for repelling a $47.5 billion takeover proposal by Alimentation Couche-Tard Inc.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowNew Je The UK's top cars revealed While overall sales contracted by 2.5%, to 139,345 units, these cars were hot picks in February. NSANY Down 26% in a Year: How Should Investors Approach the Stock Now? Nissan is suffering from financial troubles, leadership issues and EV struggles, making its recovery uncertain. Nissan’s global vehicle sales fall 6% in January Decline mainly reflected weak demand in China. Mitsubishi Motors reports 82.2% increase in production for January 2025 Domestic production stood at 42,555 units, recording a 98.3% rise, while overseas production totalled 32,449 units. Q4 2024 Standard Motor Products Inc Earnings Call Q4 2024 Standard Motor Products Inc Earnings Call Standard Motor Products Inc (SMP) Q4 2024 Earnings Call Highlights: Strong Finish with Robust ... Standard Motor Products Inc (SMP) reports a 27% increase in quarterly earnings per share and a significant boost in temperature control sales, despite challenges in engineered solutions. Seven & i, Nissan Deal Fallout Leaves Japan Companies Vulnerable (Bloomberg) -- It seemed like an extraordinary display of patriotism and unity: Japan’s biggest companies would come together to save their own, whether ailing carmaker Nissan Motor Co. or besieged convenience store giant Seven & i Holdings Co. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 M Tesla's Musk Says 'No' to Nissan Acquisition, Shares Tumble Tesla's Musk Quashes Nissan Takeover Talk, Triggers Stock Sell-Off BP, Nissan, Norwegian Cruise Line: Trending Tickers Morning Brief hosts Seana Smith and Brad Smith detail the latest stock news on Thursday morning. BP (BP) is facing increased scrutiny from Elliott Management regarding its turnaround strategy. According to a Bloomberg report, the activist investor firm believes the company's revitalization plan "lacks urgency." Nissan (7201.T, NSANY) is reportedly seeking to replace its CEO, according to Bloomberg. This potential executive transition comes at a challenging time for the automaker, contending with disappointing earnings results and the aftermath of unsuccessful merger discussions with Honda (HMC, 7267.T). Despite missing profit outlook estimates in its latest quarterly report, Norwegian Cruise Line Holdings (NCLH) reports robust demand for its services. The cruise operator maintains confidence in its business trajectory, affirming that its current outlook provides a clear path toward achieving its 2026 performance targets. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Struggling Nissan mulling replacing CEO Company could rekindle takeover talks with Honda. Nissan to announce streamlining of executive line-up on March 12, sources say Nissan Motor is expected to announce a planned streamlining of its executive line-up on March 12, according to three people familiar with the matter. The struggling Japanese automaker is not currently expected to announce the resignation of Chief Executive Office Makoto Uchida as part of that reshuffle of its executive line-up, the people said. Nissan Prepares to Replace CEO After Honda Deal Falls Apart (Bloomberg) -- Nissan Motor Co. is drawing up plans to replace its chief executive officer following another dismal set of earnings and the collapse of talks to combine with Honda Motor Co., according to people familiar with the matter.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another L Nissan CEO Uchida's future in focus as sources say management shake-up due soon Japan's Nissan will unveil a shake-up in its top ranks next month, three people familiar with the matter said on Thursday, adding that embattled CEO Makoto Uchida is currently expected to hang on to his job. The announcement is part of a turnaround plan that Nissan pledged to accelerate this month and comes after two straight quarters of dismal performance that has plunged the car company deeper into crisis. Nissan's board will continue to look at the strength of the turnaround plan as well as the existing team's capability to drive it, one of the people said. Fitch cuts Nissan rating to junk status, following Moody's downgrade Fitch Ratings said on Wednesday it has downgraded Nissan Motor's rating to junk-status BB+ from BBB-, referring to the Japanese automaker's "persistently low profitability, with a delayed recovery trajectory against our expectations". Fitch also maintained a negative outlook for Nissan credit. The move came after Moody's Ratings last week also cut its rating of Nissan by one notch to non-investment grade Ba1. Performance Overview Trailing total returns as of 3/10/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 Return NISA.BE Nikkei 225 YTD -6.36% -7.18% 1-Year -125.66% -6.70% 3-Year +188.05% +44.13%