Nissan Motor Co
Nissan Motor Co News
Nissan settles dispute with Tamil Nadu over unpaid dues, damages; begins process to withdraw international arbitration: Report
The dispute arose after Nissan said Tamil Nadu hadn’t paid certain incentives under a 2008 agreement to set up a car plant in the southern state.
Coronavirus Outbreak Impact: Nissan to close Indonesia, Spain auto plants after sinking into red for first time in 11 years
Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production
Nissan Motor plans to close Barcelona factories, 3,000 jobs lost; Spain's govt urges carmaker to consider alternatives
Spain's government says that Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plants in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs
Renault, Nissan rebuild alliance to ride out coronavirus storm; thousands of jobs to be at risk after restructuring plans: Report
When Renault SA, Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world’s biggest automaker by 2022.
Honda Motor Co posts $276 mn loss in March quarter due to coronavirus, lockdown; sales decline 15%
Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production
New law to protect foreign investors to exclude tax demands; move to upgrade investment climate: Report
The bill also attempts to upgrade the investment climate and boost foreign investment by setting up new adjudicating authorities to swiftly resolve disputes.
Ousted Renault-Nissan boss Carlos Ghosn refuses to be 'held hostage', confirms he is in Lebanon; denies fleeing justice in Japan
Lebanon does not have an extradition treaty with Japan, according to Japan’s justice ministry, making it unlikely that he could be forced to return to Tokyo to face trial.
Nissan Motor Co reports 70% drop in quarterly profit, slashes full-year outlook to 11-year low
Nissan Motor Co Ltd reported a 70 percent profit drop on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker was hit by falling sales that highlight its ongoing turmoil after the ouster of former head Carlos Ghosn
Renault to start search for new CEO after Carlos Ghosn scandal; Nissan announces China unit head Makoto Uchida as CEO
The succession proposal for Renault's current Chief Executive Thierry Bollore could be on the agenda of the next board meeting on 18 October
Hyundai hires former Carlos Ghosn ally Jose Munoz as global COO, Americas head
Munoz, 53, joined Nissan in 2004 in Europe and led its expansion in North America after the global financial crisis.
Nissan unveils the Leaf e+ electric car with more power and range: CES 2019
The unveiling of the Leaf e+ had been postponed when executive Carlos Ghosn was arrested on 19 Nov.
Carlos Ghosn's lawyer says Nissan agreed on transfer of currency contracts, denies financial misconduct charges
Ghosn has been arrested on allegations including aggravated breach of trust in shifting personal investment losses worth $17 million to the carmaker during the 2008–2009 financial crisis.
Carlos Ghosn claims innocence in first appearance since November arrest; says unfairly detained on meritless charges
Ghosn is also accused of making $14.7 million in payments to Saudi businessman Khaled Al-Juffali using Nissan funds in exchange for arranging a letter of credit to help with his investment losses.
Carlos Ghosn to spend Christmas, New Year in jail; rearrested, detention extended for 10 days
Ghosn was re-arrested on Friday based on suspicions that around October 2008 he shifted personal trades to Nissan to make it responsible for 1.85 billion yen ($16.6 million) in appraisal losses, prosecutors said.
Nissan's ousted chairman Carlos Ghosn re-arrested on fresh allegations; chances of imminent bail dashed
Carlos Ghosn's re-arrest means he could be detained for at least another 10 days in a Tokyo jail, where he has been confined since he was arrested last month on initial allegations of financial misconduct.
Carlos Ghosn arrested: What misconduct is he accused of, how did it come to light; all you need to know
Carlos Ghosn became CEO of Nissan partner Renault in 2005, chairman of Nissan of 2008 and chairman of Renault in 2009, giving him considerable sway over both companies.
Tesla to build its first factory outside the United States in China's Shanghai
Tesla said construction would begin in the "near future", once official permits are obtained.
Toyota might begin mass manufacturing hydrogen fuel cell powered cars by 2020
Toyota declined to give details about their latest investment in this technology but said mass production of components will begin around 2020.
Nissan announces plan to sell 1 million electric vehicles annually by 2022
Nissan and its rivals are planning to crank up development and production of electric cars in response to tightening emissions regulations around the world.
Honda and Nissan are developing solid-state batteries for electric vehicles
Honda told Reuters it was looking at the possibility of developing all solid-state batteries but would not elaborate.