Tag Archives: NISSAN

Cramaker Nissan plans to shed 10,000 jobs worldwide, reports claim

07 July, 2019 10:55 am 10:55 am

92 NEWS (Web Desk) – Carmaker magnet Nissan plans to cut more than 10,000 jobs worldwide as part of efforts to turn itself around, Japanese media have reported. Nissan announced in May it would cut 4,800 jobs from its global workforce of around 139,000 as it grapples with a fall in profits to a near-decade low … Read More

Must Watch


Carmakers Nissan, Volvo and FCA push European car sales declined by 7.9%

07 July, 2019 11:56 am 11:56 am

PARIS (Reuters) –  Triggered by bigger declines for Nissan (7201.T), Volvo and Fiat Chrysler (FCA) (FCHA.MI), European car sales dropped 7.9 per cent in June, says  industry data published on Wednesday. Registrations fell to 1.49 million cars last month from 1.62 million a year earlier across the European Union and EFTA countries, the Brussels-based Association … Read More

Must Watch

tesla elon musk us president donald trump tariff china autopilot nissan technology mike pence

US rejects Tesla bid for tariff exemption for Autopilot ‘brain’

05 May, 2019 8:18 am 8:18 am

WASHINGTON (Reuters) – US trade officials rejected Tesla Inc’s bid for relief from President Donald Trump’s 25-percent tariffs on the Chinese-made Autopilot “brain” of its Model 3 and other electric vehicles, one of more than 1,000 product denials linked to China’s industrial development plans. According to documents filed by the US Trade Representative’s office (USTR) … Read More

Must Watch

wife ghosn nissan judicial system

Wife of ex-Nissan boss Ghosn leaves Japan to appeal to French government

04 April, 2019 9:53 am 9:53 am

TOKYO (Reuters) – The wife of former Nissan boss Carlos Ghosn has left Japan and flown to Paris to appeal to the French government to do more to help him, the Financial Times reported on Sunday. Japanese prosecutors arrested Ghosn for a fourth time on Thursday on suspicion he had tried to enrich himself at … Read More

Must Watch

osaka nike tennis player all nippon airways nissan

World number one Osaka signs with Nike

04 April, 2019 10:39 am 10:39 am

TOKYO (Reuters) – World number one Naomi Osaka has agreed a deal with Nike, the sports apparel giant has announced. The Japanese, who had previously been tied to rival Adidas, will first wear Nike gear at the Stuttgart Grand Prix later this month, the US sportswear maker said on its website. “I’m proud to become … Read More

Must Watch


Nissan to cancel plans to make X-Trail SUV in UK

02 February, 2019 9:11 am 9:11 am

LONDON (Reuters) – Japanese carmaker Nissan is cancelling plans to make the next model of its X-Trail sports utility vehicle in Britain, less than two months before the country is due to leave the European Union, broadcaster Sky News said. Nissan first said four months after Britain voted in June 2016 to leave the EU … Read More

Must Watch


Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei

01 January, 2019 8:49 am 8:49 am

TOKYO (Reuters) – A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan most likely under the umbrella of a single holding company, the Nikkei reported on Sunday. The delegation, which included French government-designated Renault director Martin Vial, also said that it wanted to name Nissan’s next chairman, … Read More

Must Watch

Nissan’s Ghosn re-arrested, chances of imminent bail dashed

12 December, 2018 9:45 am 9:45 am

TOKYO (Reuters) – Japanese prosecutors re-arrested Nissan Motor Co Ltd’s (7201.T) ousted chairman Carlos Ghosn on Friday on fresh allegations of making Nissan shoulder $16.6 million in personal investment losses, dashing chances he would be released on bail imminently. The move comes a day after a Tokyo court unexpectedly rejected prosecutors’ request to extend Ghosn’s … Read More

Must Watch

Nissan board may fail to select new chairman on Monday: Nikkei

12 December, 2018 8:51 am 8:51 am

TOKYO (Reuters) – Nissan Motor Co’s (7201.T) board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Dec. 17 after a panel tasked to choose a candidate was unable to agree on a nominee in a meeting held Thursday, the Nikkei reported. The panel of Nissan’s three external board … Read More

Must Watch

Mitsubishi Motors ousts Ghosn as chairman, days after Nissan firing

11 November, 2018 5:50 pm 5:50 pm

TOKYO (Reuters) – Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct. Ghosn’s sacking in a unanimous board vote marks the end of his chairmanship of Japanese automakers, just two years … Read More

Must Watch

In coup for Google, Renault-Nissan embraces Android infotainment

09 September, 2018 3:16 pm 3:16 pm

PARIS (Reuters) – The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will use Alphabet’s Google Android operating system in future vehicles – handing a victory to the US tech giant which seeks to carve out a bigger share of the infotainment market. Renault, Nissan and Mitsubishi, with combined sales of 10.6 million vehicles last year, … Read More

Must Watch

Game, set, match: Nissan signs rising tennis star Osaka as brand ambassador

09 September, 2018 12:00 pm 12:00 pm

YOKOHAMA, Japan (Reuters) – Japanese automaker Nissan Motor Co said on Thursday it had signed US Open champion Naomi Osaka as its next brand ambassador, tapping the tennis star’s youth, drive and Japanese roots to appeal to younger customers. Osaka, 20, shot to international fame on Saturday when she defeated 36-year-old American Serena Williams at … Read More

Must Watch

China says will curb ‘haphazard and redundant’ auto investment

09 September, 2018 9:44 am 9:44 am

TIANJIN (Reuters) – China will strictly prevent ‘haphazard investment and redundant development’ in the automobile industry, an official from the state planning agency said , apparently referring to proposed rules on automakers’ investments in new capacity. Nian Yong, head of the National Development and Reform Commission’s (NDRC) Department of Industrial Coordination, said the agency will … Read More

Must Watch

Nissan agrees to sell car battery unit to China’s Envision Group

08 August, 2018 9:11 am 9:11 am

TOKYO (Reuters) – Nissan Motor Co said it agreed to sell its electric car battery unit to Chinese renewable energy firm Envision Group for an undisclosed sum. The announcement comes after Nissan canceled a potential $1 billion sale of the unit to GSR Capital last month, saying the Chinese investment firm lacked the funds to … Read More

Must Watch