Renault-Nissan raises investment in France with new vans
Renault stated it will build new Nissan and Mitsubishi vans at its local plants, boosting investment in the country as it looks for closer integration of the three-way automaking alliance with government support. The declaration, timed to coincide with a plant visit by President Emmanuel Macron, “underlines the importance of France for the alliance”, Renault-Nissan-Mitsubishi
Nissan blames recent improper tests on ‘low awareness’ of regulations
Nissan Motor stated on Wednesday an “extremely low awareness” of the seriousness of investigation standards and rules had resulted in improper measuring of exhaust emissions and fuel economy in auto models made in Japan. Nissan stated in July that sample testing for emissions and fuel economy in final vehicle inspections at majority of its factories
- Published in Nissan
Nissan Recalls 215,000 Cars Due to ABS Component Leaks and Fires
Nissan is recalling over 215,000 sedans and crossovers in the United States to repair a anti-lock-braking-system part that can ignite under the hood, as per the filings with the National Highway Traffic Safety Administration (NHTSA). This is the second time Nissan has attempted to repair vehicles with defective ABS actuators—the component that pulses the brake
- Published in Nissan
Nissan to increase China production capacity by 40 percent
Japan’s Nissan Motor plans to spend about $900 million to increase vehicle-making capacity in China by 40 percent by 2021 – part of a 60 billion yuan ($8.73 billion) plan to become a top three player in the world’s largest vehicle market. Nissan and its Chinese joint-venture partner Dongfeng Group aim to spend approximately $900
- Published in Nissan
Nissan to spend $900 million on assembly plant in China
Nissan Motor will invest about $900 million to construct a new auto assembly plant in China that will boost production capacity in the company by 30 percent, the Nikkei newspaper reported on Monday. Nissan, which operates in the country through a joint venture with Dongfeng Motor, is in final stages of discussion with its Chinese
- Published in Nissan
Nissan confesses to more testing misconduct for vehicles sold in Japan
Nissan Motor stated on Monday it had improperly evaluated exhaust emissions and fuel economy for 19 vehicle models sold in Japan, the second case in less than one year where misconduct has been found in its inspection processes. Nissan stated it had discovered sample test environments for emissions and fuel economy in final vehicle tests
- Published in Nissan
‘Zero’ chance of Renault taking over Nissan, Mitsubishi, says CEO Ghosn
Renault SA absorbing Nissan Motor and Mitsubishi Motors is not an alternative as the automakers seek to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn stated on Friday. “Anybody who will ask Nissan and Mitsubishi to become wholly owned subsidiaries of Renault has no chance of getting a result,” Ghosn informed shareholders
- Published in Mitsubishi, Nissan, Renault
Nissan doubles down on developing markets as U.S. sales slow
Nissan Motor stated on Wednesday it expects automobile sales in some markets to beat industry development, driven by nations including Saudi Arabia – important for the Japanese automaker that is struggling with slowing sales in the United States. Nissan, Japan’s second-largest automaker, concentrated on the United States for the last few years, and roughly doubled
- Published in Nissan
Renault-Nissan-Mitsubishi venture capital invests first $50 million in startups
The Renault-Nissan-Mitsubishi alliance’s new venture capital fund has accepted five investments in four months amounting $50 million and will present another to its supervisory board in the upcoming week, the fund’s head stated. The alliance stated in January it was establishing the fund with strategies to invest about $1 billion over five years, the recent
- Published in Mitsubishi, Nissan
Nissan to gradually stop selling diesel vehicles in Europe
Japanese automaker Nissan Motor will gradually quit selling diesel vehicles in Europe, in a further indication of weakening demand for those cars as customers fret over tax increase and looming bans and restrictions associated with diesel in many countries. A Nissan spokeswoman stated there would be a gradual withdrawal of diesel cars in the continent.
- Published in Nissan
Nissan Motor to slash hundreds of jobs at UK plant
Nissan Motor is going to slash hundreds of jobs at its Sunderland plant, that is also Britain’s biggest automotive factory. The automaker is tackling the decreasing demand for diesel models throughout Europe, a source informed Reuters on Friday. Nissan constructs its Qashqai and Juke models at the northeastern English site and the sales in Britain,
- Published in Nissan
Nissan spins up new plant to revitalize EV batteries
At a small plant meant to help revitalize a town devastated by the 2011 earthquake, Nissan Motor is providing its costly electric vehicle (EV) batteries new life as they pass their peak performance. International automakers are finding ways to make cheaper EVs and extend the life of their batteries, which can represent up to one-fifth
- Published in Nissan
Nissan plans electric car sales increase to one million a year by 2022
Nissan Motor announced plans to sell 1 million electric vehicles (EVs) every year by 2022, a six-fold jump from what it sold in 2017, and stated it had no plans to stop testing its self-driving cars on public roads, describing them safe. Japan’s 2nd largest automaker and its competitors are planning to crank up development
- Published in Nissan
Nissan says they have no plans to change ownership ties
Renault shares dropped in early session trading on Thursday, as Nissan stated the Renault-Nissan-Mitsubishi alliance had no strategies to change the cross-shareholding ratios of its member business, hinting views from the French government. Renault shares were lowered by 1.4 percent in early session trading, giving up a few of the gains it made in the
- Published in Nissan
Nissan in talks to purchase France’s Renault stake in merger prelude
Renault and alliance partner Nissan are talking about plans for a better tie-up where the Japanese automaker would get the bulk of the French state’s 15 percent Renault holding, people near to the matter informed Reuters. The automakers are in talks with government officials about proposals by Renault-Nissan manager Carlos Ghosn that would see Paris
- Published in Nissan