Tag - nissan

 
 

NISSAN

Japan Times
BUSINESS / Companies
Feb 9, 2023
Nissan keeps annual profit forecasts and cuts unit sales target
The Japanese auto giant said it still expects a net profit of ¥155 billion ($1.2 billion) in the 2022-23 financial year, and also left its operating income outlook unchanged.
Japan Times
BUSINESS / Companies / FOCUS
Feb 7, 2023
Carlos Ghosn’s carmaking dreams disappear with Renault-Nissan revamp
The workaholic Brazilian-Lebanese executive, who spent much of his time jetting between the carmakers’ headquarters and factories, was the glue holding together the firms' alliance.
Japan Times
BUSINESS
Feb 6, 2023
Renault and Nissan agree on landmark deal to reshape alliance
Renault will cut its holding in Nissan to 15% from 43% to re-balance lopsided capital ties, resolving a cause of friction that slowed cooperation at a crucial time.
Japan Times
EDITORIALS
Feb 3, 2023
Technology is forcing drastic change on the auto industry
The auto industry has undergone periods of change, but none as wrenching as the current movement toward EVs and the need for advanced computer technology.
Japan Times
BUSINESS / FOCUS
Feb 3, 2023
Renault and Nissan plan India reboot in test of reshaped alliance
In India, the world's fastest-growing car market, a new investment will be led by Nissan, and the companies are evaluating vehicles they could launch from 2025.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Renault and Nissan boards set to greenlight alliance revamp with hours to spare
Renault directors are gathering Sunday followed by Nissan’s board early on Monday. Both boards are expected to agree to the proposals.
Japan Times
BUSINESS / Companies
Jan 31, 2023
Nissan resolves Renault grievance through big payoff for partner
The partners are on the cusp of redefining the foundations of their alliance with a framework deal to equalize their cross-shareholdings.
Japan Times
BUSINESS / Companies
Jan 30, 2023
Renault to reduce stake in Nissan, rebalancing alliance
Renault will reduce its stake from 43.4% to 15%, the same size as Nissan's stake in its French counterpart, in what the firms said would produce 'a balanced governance.'
Japan Times
BUSINESS
Jan 27, 2023
Nissan and Hitachi look to charge elevators with EV batteries
Nissan Motor and a Hitachi subsidiary said Friday they plan to roll out a system to keep elevators running during blackouts by drawing power from the batteries of electric vehicles (EVs).
Japan Times
BUSINESS / Companies
Jan 27, 2023
Renault-Nissan alliance reboot will kick off with five projects
The desire to agree on fresh common projects as part of the three-way pact, also including junior partner Mitsubishi Motors, signals the companies see a joint future for the alliance.
Japan Times
BUSINESS
Jan 21, 2023
France OKs Renault's reduction in Nissan stake
Nissan, which owns 15% of Renault, has been calling on the French automaker to cut its stake in the Japanese company to the same level.
Japan Times
BUSINESS
Jan 17, 2023
Nissan and Renault on track to complete deal to revamp alliance
Final negotiations are under way for Renault to reduce its stake in the carmaker, and for Nissan to invest in Renault's planned electric-vehicle carve-out.
Japan Times
BUSINESS / Companies
Jan 14, 2023
French carmaker Renault offers concessions to strike Nissan deal
Nissan's independent board directors are due to meet early next week to consider several proposals by Renault, including reassurances on intellectual property concerns.
BUSINESS
Dec 9, 2022
Electric minivehicle from Nissan and Mitsubishi named Japan Car of the Year
The micro EV, sold from June as the Sakura from Nissan and the eK X EV from Mitsubishi Motors, marked the first time for a minivehicle to win the award.
Japan Times
BUSINESS / Companies
Dec 2, 2022
Nissan CEO wants ‘grace period’ for Biden rules on EV subsidies
The Japanese company and other carmakers have been urging the White House to adopt a more flexible approach to subsidy eligibility in the Inflation Reduction Act.
Japan Times
BUSINESS / Companies
Nov 15, 2022
Renault chairman says 'nothing is blocking' Nissan alliance talks
Renault Chairman Jean-Dominique Senard touted the Franco-Japanese alliance, which has been discussing ways to revamp the relationship.
Japan Times
BUSINESS / Companies
Nov 13, 2022
Nissan and Renault on bumpy road to partnership review
Long frustrated with its disadvantageous position in the alliance, Nissan has been keen to reduce Renault's stake in the Japanese company from the current 43% to 15%.
BUSINESS / Companies
Nov 10, 2022
Chip shortages and rising costs hurt automakers despite boost from weak yen
Although the earnings of some major carmakers for the April-September period showed that many have benefited from the historically weak yen, they now appear to be more cautious than upbeat.
Japan Times
BUSINESS / Companies
Nov 9, 2022
Nissan hikes forecasts on weak yen despite falling unit sales
Nissan also reported a one-time loss in the period of approximately u00a5100 billion 'in connection with the withdrawal from the Russian market.'
Japan Times
JAPAN / Crime & Legal
Nov 5, 2022
Americans who helped Carlos Ghosn escape Japan are sent back to U.S.
The father and son sentenced to serve time in a Japanese prison for smuggling Carlos Ghosn out of the country were transferred to the U.S. a week ago.

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