Nissan

Renault Nissan inks agreement with Kamarajar Port for car shipments

So far, over more than 13 years, the Alliance has exported over 1.15 million cars from Kamarajar Port to around 108 global destinations

Nissan to develop new powertrains, may cut cost of hybrid cars by 30%

By enhancing the common parts that underpin a vehicle, the Yokohama-based automaker expects to be able to lower the cost of its hybrid cars to the same level as gasoline-powered cars by 2026

S&P Global Ratings cuts Nissan's credit rating by a notch to junk status

It will take longer than expected for Nissan's automobile division to recover from wavering sales and production, S&P said in a statement Tuesday

Nissan plans to develop left-hand drive 'Magnite'; to step up exports

Nissan launched the Magnite in December 2020 and since then has logged in bookings of about 100,000

Nissan raises global electrified car sales targets; to boost US input

Nissan now aims to have electrified vehicles - which include its advanced hybrid e-power cars - make up over 55% of global sales by fiscal 2030, up from a previous goal of 50%

Nissan, Renault to invest Rs 5,300 cr in India to make 6 new models

Alliance announces country plan to increase production, scale up research and shift to carbon-neutral manufacturing

Japan's Nissan reports 55% jump in profits as chip shortages decline

Nissan reported a 55% jump in October-December profit Thursday, as the Japanese automaker seeks to embark on a less bumpy journey with its French alliance partner Renault. Profit for the quarter at Yokohama-based Nissan Motor Co. totaled 50.6 billion yen ($386 million), up from 32.7 billion yen the previous year. Quarterly sales surged 29% to 2.8 trillion yen ($21 billion), as a shortage of computer chips that has slammed the world's automakers gradually eased, according to Nissan. The crunch was caused by COVID-19-related lockdowns and other restrictions, which hindered Nissan's ability to deliver vehicles to customers. Some buyers were waiting for a year for their Z sportscar or Ariya sport utility vehicle, said Chief Operating Officer Ashwani Gupta. We really don't want our customers to wait this long, he told reporters. The rising cost of raw materials, inflation pressures and volatile currency exchange rates have added to the risks for the auto industry, including Nissan. N

Renault, Nissan unveil details of major shake up to 24-year-old alliance

Nissan and Renault have unveiled the details of a major shake-up of their often strained 24-year-old alliance, the media reported.

Nissan Motor India's total wholesales rise 28% to 8,991 units in Dec 2022

Nissan Motor India on Monday reported a 28 per cent rise in total wholesales at 8,991 units in December 2022. The company had sold a total of 7,026 units in the same month a year ago, Nissan Motor India said in a statement. Domestic sales were down 32.89 per cent last month at 2,020 units as compared to 3,010 units in December 2021, it added. However, exports grew by 73.6 per cent at 6,971 units over 4,016 units in the year-ago month. "The year has been challenging on the supply side, customer interest has been strong specially in the festive period. The higher purchasing power of the customers is driving interest towards aspirational products," Nissan Motor India Managing Director Rakesh Srivastava said.

Nissan lines up three SUVs for India entry; X-Trail launch confirmed

Juke, which was also showcased on Tuesday, is currently being evaluated for the Indian market

Japanese automaker Nissan says it is pulling out of Russia amid war

Japanese automaker Nissan Motor Co. said on Tuesday that it plans to sell its Russian operations to its local partner and withdraw from manufacturing there. The company said its executive committee approved the sale to Russia's Central Research and Development Automobile and Engine Institute, or NAMI. The sale includes Nissan's factory and R&D facilities in St. Petersburg and its sales and marketing centre in Moscow, it said. The company will operate under a new name. Nissan did not give a dollar value for the sale but said it would log a 100 billion yen (USD 680 million) impact" from its exit from Russia. While we cannot continue operating in the market, we have found the best possible solution to support our people," Nissan President and CEO Makoto Uchida said in a statement. Nissan began making SUVs in St. Petersberg in 2009. It suspended manufacturing in Russia in March after the invasion of Ukraine. The company said the terms of the sale give Nissan the option to buy back it

Nissan eager to leverage US tax credit on electric vehicles: Report

Nissan will more aggressively push electric vehicles to take advantage of a new US law that gives up to USD 7,500 in tax credits, the Japanese automaker said on Friday. President Joe Biden signed the landmark climate change and health care bill into law last month. The tax credit can be used to defray the cost of purchasing an electric vehicle that's made in the US. The Nissan Leaf electric car is among the models that qualifies, but, under the law, the vehicles must contain a battery built in North America with minerals mined or recycled on the continent to be eligible. Chief Sustainability Officer Joji Tagawa acknowledged the qualification process was complex, while stressing Nissan was eager to take advantage of the law to alleviate costs to the customer. We are in the process of making a thorough analysis at the moment, he told reporters in an online briefing, noting details of what Nissan might do were still undecided. Tesla models, as well as the Ford F Series electric picku

Nissan reaches significant export milestone of 1 mn 'Made in India' cars

Car maker Nissan Motor India has achieved a milestone of shipping out one million cars to different overseas markets, said the company.

Nissan launches 'tech-savvy' Magnite RED Edition tagged at Rs 7.86 lakh

Nissan Motor India on Wednesday said it has launched the Magnite RED Edition, with prices starting at Rs 7.86 lakh (ex-showroom, Delhi)

Why no one talks of co-opetition in advertising

Coopetition or co-opetition (sometimes spelled co-opertition) is a neologism coined to describe cooperative competition

Hate-in-India and Make-in-India can't coexist: Rahul lashes out at Centre

Recently, Japanese auto maufacturer Nissan announced that it is halting the production of its Datsun vehicles in India

Japanese automaker Nissan discontinues Datsun brand in India

The discontinuation of the Datsun brand is a part of Nissan's global transformation strategy which was announced in 2020

Nissan plans its 1st electric vehicle with solid-state battery in 2028

Japanese automaker Nissan has unveiled its first prototype production facility for all-solid-state battery cells, which the company aims to bring to market in coming years.

Nissan plans to halt production in Russia after its invasion of Ukraine

Japanese automaker Nissan is planning to halt production at its plant in Russia because of logistical challenges

Former boss Ghosn says Nissan's lack of vision is hurting Renault

Ex-Nissan Motor chairman Carlos Ghosn, who was ousted following his arrest in Japan, said that its alliance partner Renault SA is struggling because of the Japanese automaker's lack of vision