The Japan Fair Trade Commission has issued a warning to Nissan for underpaying small firms by ¥3 billion. This reprimand comes as part of a broader scrutiny over the automaker's practices of slashing payments to its top suppliers, a move deemed unfair and potentially illegal due to Nissan's superior bargaining power. In a related development, Nissan has announced major changes in its business model, including the discontinuation of petrol and diesel vehicles in favor of electric cars. Additionally, Nissan is considering bringing the production of its ultra-compact electric vehicles in-house from 2028, motivated by the success of its Sakura model, which is currently produced by Mitsubishi Motors.
Editorial: Nissan’s longtime practice of using its superior bargaining power to force contractors to accept prices lower than the ones initially agreed upon is both illegal and unacceptable. https://t.co/EPMVNoUg6z
Nissan may bring production of its ultracompact electric vehicles in-house, sources said, emboldened by the success of its Sakura model currently built by junior partner Mitsubishi Motors. https://t.co/6LjsA0UHnH
Nissan may bring ultra-compact EV production in-house from 2028, sources say https://t.co/mOGcs1LLwf https://t.co/15lSPWzDVl
Nissan may bring ultra-compact EV production in-house from 2028, sources say https://t.co/xmjbVdjjAG by @reuters_shiraki
⚠️ NISSAN MAY BRING ULTRA-COMPACT EV PRODUCTION IN-HOUSE FROM 2028, SOURCES SAY Full Story → https://t.co/toLlar7DG9 Japan's Nissan Motor may bring production of its ultra-compact electric vehicles in-house, five people familiar with the matter said, emboldened by the success… https://t.co/jZxzULGwRY
Nissan Unfairly Reduces ¥3 Bil. in Payments to Suppliers https://t.co/pe9Y8d3L8j
The Japan Fair Trade Commission reprimands Nissan over its practice of slashing payments to top suppliers https://t.co/vTQSRhdVde
Nissan confirms 'major changes' are coming as brand ditches petrol and diesel in favour of electric cars https://t.co/UAXJ5cChEI
Japan watchdog warns Nissan on 3 bil. yen underpayment to small firms https://t.co/79npzYQ0Tt