Jan 31, 2017

Japan planning safety standards for self-driving vehicles

The transport ministry said Monday it will introduce safety standards for self-driving vehicles in Japan as early as this fall, including an alarm system that sounds 15 seconds after a driver takes his hands off the steering wheel while traveling on a highway. The ...

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 ...