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Companies

After Ghosn, Nissan's 'keiretsu' suppliers back in the hot seat

This time, automaker's leader has little leverage to pry price cuts from vendors

Carlos Ghosn burnished his "Le Cost Cutter" credentials by announcing Nissan's "Revival Plan" almost exactly 18 years ago. (Nikkei Montage)

TOKYO -- Nissan Motor is continuing to reel from a spate of financial misconduct scandals that has cost top executives, including disgraced former Chairman Carlos Ghosn, their jobs in the past year.

Nissan announced a new management team on Oct. 8, following the departure of President and CEO Hiroto Saikawa. But the automaker's outlook remains uncertain.

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