They got up, one by one, at an extraordinary shareholders' meeting, demanding that Nissan Motor Co. quickly fix diving car sales, work harder to repair its battered brand and have executives give up their pay.
He said a turnaround plan will be announced in May, which one shareholder immediately criticized as too late. Nissan's prized technology, such as electric vehicles and automated driving, will be featured in planned models, Uchida said. Renault owns 44% of Nissan and so the proposals were certain to pass. The appointments were welcomed by clapping at the end of the two-and-a-half hour meeting, and the executives took a bow on stage.
Ghosn, who has insisted on his innocence, has said he was targeted with trumped up charges because of what he called a conspiracy at Nissan to block a fuller merger with Renault.
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