Nissan officials face angry shareholders on red ink, scandal
In this photo released by Nissan Motor Co., Nissan Chief Executive Makoto Uchida, center, speaks during a shareholders meeting in Yokohama, near Tokyo, Monday, June 29, 2020. Uchida told shareholders he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology. (Nissan Motor Co. via AP)

In this photo released by Nissan Motor Co., Nissan Chief Executive Makoto Uchida, center, speaks during a shareholders meeting in Yokohama, near Tokyo, Monday, June 29, 2020. Uchida told shareholders he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology. (Nissan Motor Co. via AP)

Jun. 29, 2020 02:51 AM EDT
In this photo released by Nissan Motor Co., Nissan Chief Executive Makoto Uchida speaks during a shareholders meeting in Yokohama, near Tokyo, Monday, June 29, 2020. Uchida told shareholders he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology. (Nissan Motor Co. via AP)

In this photo released by Nissan Motor Co., Nissan Chief Executive Makoto Uchida speaks during a shareholders meeting in Yokohama, near Tokyo, Monday, June 29, 2020. Uchida told shareholders he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology. (Nissan Motor Co. via AP)

Jun. 29, 2020 02:50 AM EDT
FILE - In this May 29, 2020, file photo, Nissan workers fix leaflets on a car dealerships window during a protest in Barcelona, Spain. Nissan Chief Executive Makoto Uchida told shareholders Monday, June 29, 2020 he is giving up half his pay as the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. (AP Photo/Emilio Morenatti, File)

FILE - In this May 29, 2020, file photo, Nissan workers fix leaflets on a car dealerships window during a protest in Barcelona, Spain. Nissan Chief Executive Makoto Uchida told shareholders Monday, June 29, 2020 he is giving up half his pay as the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. (AP Photo/Emilio Morenatti, File)

Jun. 28, 2020 11:23 PM EDT
A man walks past the corporate logos at the global headquarters of Nissan Motor Co., Ltd. in Yokohama near Tokyo, Thursday, May 21, 2020. Nissan Chief Executive Makoto Uchida told shareholders Monday, June 29, 2020 he is giving up half his pay as the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. (AP Photo/Koji Sasahara)

A man walks past the corporate logos at the global headquarters of Nissan Motor Co., Ltd. in Yokohama near Tokyo, Thursday, May 21, 2020. Nissan Chief Executive Makoto Uchida told shareholders Monday, June 29, 2020 he is giving up half his pay as the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. (AP Photo/Koji Sasahara)

Jun. 28, 2020 11:22 PM EDT