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Japanese automakers in high gear to boost EV sales

Business / Corporate Jul 4, 2022

Japanese automakers in high gear to boost EV sales

But with no clear outlook on how much the Japanese market will expand after falling far behind the U.S., European and Chinese markets, they are struggling to find a path to success.

Japan automakers log double-digit sales drops in U.S. in April-June

Business / Corporate Jul 2, 2022

Japan automakers log double-digit sales drops in U.S. in April-June

The continued plunges came as prolonged supply constraints hampered production activities at the three firms — Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co.

Nissan suspends Russia production for six months

Business Jun 28, 2022

Nissan suspends Russia production for six months

Workers have been informed and the automaker will continue to monitor the situation and minimize its impact.

Japanese auto supplier Marelli files for court-led rehabilitation

Business / Corporate Jun 26, 2022

Japanese auto supplier Marelli files for court-led rehabilitation

Marelli had tried to turn itself around under an out-of-court settlement procedure called alternative dispute resolution, but the attempt ended in failure.

Japan loves its minicars. Can it embrace EV versions too?

Business May 20, 2022

Japan loves its minicars. Can it embrace EV versions too?

by Kazuaki Nagata

Mitsubishi and Nissan have unveiled their takes on electrified minivehicles, possibly helping to spark a wider shift toward EVs in the nation.

Nissan reports first full-year net profit in three years

Business / Corporate May 12, 2022

Nissan reports first full-year net profit in three years

Nissan Motor Co. said Thursday it logged a net profit of ¥215.53 billion ($1.67 billion) in the last fiscal year, returning to the black after two straight years of massive losses.

Nissan investors seek momentum from likely swing back to profit

Business / Corporate May 11, 2022

Nissan investors seek momentum from likely swing back to profit

by River Davis

Analysts, on average, estimate Nissan will report an annual operating profit for the first time in three years.

Nissan unveils new autonomous driving tech to help avoid accidents

Business / Corporate Apr 25, 2022

Nissan unveils new autonomous driving tech to help avoid accidents

The firm will work to improve the technology further with the aim of installing it to new vehicles from the mid-2020s and to almost all vehicles by 2030.

Renault exploring sale of Nissan stocks to fund EV shift, sources say

Business Apr 22, 2022

Renault exploring sale of Nissan stocks to fund EV shift, sources say

by Tara Patel and Reed Stevenson

Nissan itself may be willing to buy some of the 1.83 billion shares in the Japanese automaker that Renault owns.

France issues arrest warrant for Carlos Ghosn, report says

Business Apr 22, 2022

France issues arrest warrant for Carlos Ghosn, report says

Since Ghosn’s dramatic escape from Japan, his main legal risks have largely shifted to France, where he is accused of using Renault funds to pay for a yacht and his wife’s birthday party.

Nissan bets on in-house technologies for next-generation battery

Business / Corporate Apr 8, 2022

Nissan bets on in-house technologies for next-generation battery

by River Davis

While still new and relatively unproven, solid-state battery cells are often considered crucial to unlocking the future potential of EVs.

Renault chief to meet Nissan execs in Japan as woes cloud alliance

Business / Corporate Apr 8, 2022

Renault chief to meet Nissan execs in Japan as woes cloud alliance

by Tara Patel and River Davis

Among topics for discussion will be emerging plans for a possible separate listing of Renault’s electric-vehicle unit and potential new partner for the legacy operations, sources say.

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