Nissan names Saikawa CEO, president; Ghosn to remain chairman

UPDATED: 2/22/17 7:40 pm ET - new story

Carlos Ghosn, the long-serving CEO who rescued Nissan from bankruptcy, is stepping down as CEO, having nearly finished his latest business plan and driven the Renault-Nissan Alliance to new heights with the acquisition of Mitsubishi. Hiroto Saikawa, who currently serves as co-CEO, will become sole CEO.

EPA rates VW's 2017 e-Golf at 126 mpg-e and boosts range to 125 miles

An upgraded lithium ion battery pack and electric motor have enabled the 2017 Volkswagen e-Golf to achieve a 126 mpg-e city rating and a doubled

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