Gmac

Ghosn steps down as Nissan CEO, hands reins to Saikawa as focus shifts

UPDATED: 2/22/17 8:55 pm ET - adds photo gallery

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 chief executive.

Ford's big Russia gamble pays off as sales finally rise

Ford has become the first major foreign automaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double

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