Nidec Corp., the embattled Japanese electric motor maker, is being urged to consider putting itself on the auction block by an activist investor, a sign that confidence is waning in management’s ability to recover from a long-simmering accounting scandal.
Chery Automobile Co., China’s top car exporter, agreed to buy Nissan Motor Co.’s vehicle-manufacturing plant in South Africa, the latest evidence of the growing global dominance of Chinese brands.
Workers install parts into automobile body shells on the assembly line at the Nissan Motor Co. Rosslyn plant in Pretoria, South Africa, on Wednesday, April 10, 2019. Nissan plans to invest a further 3 billion rand ($213 million) in its South African plant to prepare for production of the latest version of the Navara pickup.
Anmelden
