A second year of slowing development in the U.S. auto market is urging Japanese automakers to look beyond discounts to grow market share and focus more on increasing profitability in their largest market. Global automakers have been fighting for dominance in the world’s No. 2 market as yearly sales continue to move from a record
Nissan Motor prepares to invest 60 billion yuan ($9.5 billion) in China over the next 5 years with its joint-venture partner as it looks forward to become a top three automaker in the world’s biggest market. Having spent a long time as a second-tier player in China, Nissan and Dongfeng Group stated they plan to
A letter sent out by the British government to Nissan Motor a year previously offering reassurances about Brexit which helped protect a major investment from the Japanese automaker in its UK plant is still really sensitive release, business ministry informed Reuters. Nissan revealed in October 2016 that it would develop its next generation Qashqai sports
Nissan Motor’s sales of domestic passenger cars dropped by practically half in November – its second straight month of slides following the compliance scandal and its first since it resumed production of vehicles for the home market. Discoveries that Nissan failed to follow correct final inspection treatments for its domestic market vehicles have led to
Nissan Motor stated on Friday that an investigation into inappropriate tests found that its automobile plants in Japan had a shortage of inspectors, and outlined prepared improvements including increasing the amount of trained personnel. Last month, the automaker recalled 1.2 million vehicles, consisting of all passenger cars it produced in Japan during the past 3
Subaru Corp stated it plans to recall about 400,000 vehicles in Japan this month after discovering it had been following incorrect procedures for final inspections at domestic plants, broadening the count from a formerly estimated 255,000. The company stated on Thursday it would broaden the scope of the recall as a safety measure, adding that
House Republicans are proposing to get rid of the $7,500 tax credit for electric vehicles, which could harm automakers such as General Motors, Tesla Inc and Nissan Motor, according to the bill revealed on Thursday. Present law enables automakers to use the credit, which phases out after an automaker hits 200,000 plug-in vehicles sales. Electric
Nissan Motor stated Japan sales of new passenger vehicles probably dropped by half in October from a year ago following the discovery of improper final evaluation procedures at its domestic plants led it to suspend some production. The Japanese automaker discovered last month that uncertified professionals had been performing final evaluations of vehicles for years.
Nissan Motor has received over 9,000 orders for its new Leaf electric-vehicle (EV) model in Japan, a senior executive stated on Wednesday. The orders for the brand-new Leaf are above the automaker’s expectations, Asako Hoshino, senior vice president and head of Japan operations, informed reporters at the Tokyo Motor Show, which opened to media on
Improper evaluation practices at Nissan Motor had been going for at least 20 years, Japanese national broadcaster NHK reported. Nissan stated late on Thursday it was suspending domestic production of cars for the Japanese market for at least 2 weeks to deal with misconduct in its last assessment procedures, which it first revealed last month.
Four Japanese automakers on Thursday stated they discovered no safety problems with aluminum parts provided by Kobe Steel, easing some concerns that falsified quality information on products from the steelmaker had compromised their automobiles. Kobe Steel shares rose after the automakers’ statements, however the steelmaker still has to contend with a U.S. Justice Department investigation,
Japan’s transport ministry on Friday stated assessments at 5 of 6 plants making Nissan Motor cars found stamps of certified professionals on documents signing off checks by non-certified specialists on vehicles for the domestic market. The remark comes as Japan’s second-biggest automaker the very same day recalled all 1.2 million vehicles sold locally over the
Japan’s transport ministry stated on Wednesday it had performed spot examinations at 2 plants producing Nissan Motor vehicles as part of an investigation into final checks, days after abnormalities forced the company to 1.2 million cars in the country. The two inspections on Tuesday followed examinations at four more factories last week, the ministry stated.
Nissan Motor is targeting yearly global sales of over 90,000 units for its new Leaf electric vehicle, the company stated. Nissan new Leaf, is the latest version of the world’s top selling electric vehicle. The battery supplier for the reinnovated Leaf is Automotive Energy Supply, the same as for the earlier Leaf. CEO Carlos Ghosn
Nissan Motor has fallen behind its top North American rivals in the health of its working relationships with providers while General Motors jumped to 3rd place in rankings released on Monday. Toyota Motor and Honda Motor kept their longstanding first and second rankings in the research study which looked at the 6 biggest car manufacturers