Nissan, Toyota back U.K. plants despite May's Brexit plan

Jan 19, 2017

Nissan, Toyota back U.K. plants despite May's Brexit plan

Toyota Motor Corp. and Nissan Motor Co. say they’ll keep making cars in the U.K. despite Prime Minister Theresa May’s plan to leave the European Union’s single market, which could make exporting from British factories less lucrative. May’s Brexit plan, outlined Tuesday, won’t derail ...

Nissan ending joint development of luxury cars with Daimler

Jan 6, 2017

Nissan ending joint development of luxury cars with Daimler

Nissan is halting joint development of luxury cars with Daimler’s Mercedes-Benz, sources close to the companies told Reuters, suspending a key project in their seven-year partnership and potentially hitting profitability at a new shared factory in Mexico. Nissan decided in October its premium Infiniti ...

Dec 16, 2016

Ghosn sees Trump's America-first agenda as protecting trade with Mexico

Nissan Motor Co. Chief Executive Officer Carlos Ghosn said U.S. President-elect Donald Trump’s America-first agenda should mean that trade with Mexico, where his company is the biggest auto producer, will be protected. “I’m not very worried because what has been said by the president-elect ...

Ghosn pledges Mitsubishi Motors' return to profitability as chairman

Dec 14, 2016

Ghosn pledges Mitsubishi Motors' return to profitability as chairman

Nissan Motor Co.’s top executive Carlos Ghosn pledged Wednesday to rebuild trust in Mitsubishi Motors Corp. and return the loss-making carmaker to profitability, as he was approved by shareholders as the new chairman of the scandal-tainted automaker. “I pledge to protect shareholder interests and ...

Nissan banks on after-sales 'hyperpersonalization' revenue

Nov 30, 2016

Nissan banks on after-sales 'hyperpersonalization' revenue

okohama Nissan will offer internet access, safety technology and myriad accessory options the Japanese automaker calls “hyperpersonalization,” not only in new models but also for vehicles people already own. That means more than access to the music or seat colors of your choice. Advances ...

Nov 29, 2016

Domestic output for eight Japan carmakers fell 3.2% in October

The combined domestic output of eight major Japanese automakers fell 3.2 percent in October from a year earlier to 743,086 vehicles for the first decline in three months, according to data from major automakers. Six of the eight carmakers reported declines, with Mitsubishi Motors ...

Nov 9, 2016

Japan's seven top carmakers see April-September sales sag amid high yen

Japan’s seven major automakers logged drops in group sales in April-September, reflecting the yen’s appreciation, their latest earnings data have showed. Toyota Motor Corp., Mazda Motor Corp. and Fuji Heavy Industries Ltd., which rely on exports more heavily than others, posted operating profit declines ...