Nissan's profit plunged 54 percent in the January-March quarter, contributing to its first drop in annual profit in seven years - the first such setback under the leadership of Carlos Ghosn, who salvaged the Japanese automaker from collapse.

By Kyodo News International, Tokyo Mar. 16--TOKYO -- Nissan Motor Co. said Friday that President and Chief Executive Officer Carlos Ghosn will give up his post as chief overseeing operations in the Americas to focus more on the automaker's overall management.

By Joe Guy Collier, Detroit Free Press Oct. 4--With the deadline for its alliance talks with Renault SA and Nissan Motor Co. expiring in less than two weeks, the General Motors Corp.

Billionaire investor Kirk Kerkorian is looking to expand his 9.9% stake in (GM) just as talks about a broad alliance between GM and two foreign automakers turn rocky. GM shares jumped more than 2% to touch a new 52-week high of $33.64 on Sept.

Paris, Sept. 25 (Jiji Press)--Renault SA of France and Japan's Nissan Motor Co. would clearly benefit by allying with General Motors Corp. of the United States, Carlos Ghosn told a French newspaper.