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Honda, Nissan aim to merge in 2026 as negotiations begin this week

The two automakers plan to create a holding company that would be helmed by a president picked by Honda

Honda, Nissan aim to merge in 2026 as negotiations begin this week
Updated On : 23 Dec 2024 | 2:43 PM IST

Honda-Nissan merger talks driven by challenges in China's auto market

The surging popularity of electric and hybrid vehicles made by BYD Co. and others has erased the leading position that Japan's automakers once enjoyed

Honda-Nissan merger talks driven by challenges in China's auto market
Updated On : 23 Dec 2024 | 7:38 AM IST

Behind Honda and Nissan tie-up, existential threat posed by Chinese EVs

Like other foreign carmakers, both Honda and Nissan have lost ground in China

Behind Honda and Nissan tie-up, existential threat posed by Chinese EVs
Updated On : 19 Dec 2024 | 2:54 PM IST

Foxconn in talks with Nissan shareholder Renault, says Taiwan's CNA

Honda, meanwhile, has threatened to end its strategic software partnership with Nissan if it looks to join hands with Foxconn, Nikkei said in an earlier report

Foxconn in talks with Nissan shareholder Renault, says Taiwan's CNA
Updated On : 19 Dec 2024 | 10:34 AM IST

Honda-Nissan merger negotiations likely to begin next week, says Nikkei

Representatives for Honda and Nissan in the US didn't immediately reply to a request for comment on the start-date for talks

Honda-Nissan merger negotiations likely to begin next week, says Nikkei
Updated On : 19 Dec 2024 | 8:10 AM IST

Nissan, Honda consider merger to take on world's biggest carmaker Toyota

Honda is considering several options including a merger, capital tie-up or the establishment of a holding company, Executive Vice President Shinji Aoyama said

Nissan, Honda consider merger to take on world's biggest carmaker Toyota
Updated On : 18 Dec 2024 | 8:04 AM IST

Nissan reassigns CFO Ma to China head in management reshuffle: Report

Nissan said last month its half-year net earnings were down more than 90 per cent from the same period last year and cut its annual operating profit forecast by about 70 per cent

Nissan reassigns CFO Ma to China head in management reshuffle: Report
Updated On : 11 Dec 2024 | 8:08 AM IST

Nissan CFO Stephen Ma to step down as carmaker faces raft of challenges

Ma joined Nissan in 1996 in North America and worked in financial roles in China and Japan before being promoted to CFO in December of 2019

Nissan CFO Stephen Ma to step down as carmaker faces raft of challenges
Updated On : 02 Dec 2024 | 9:47 PM IST

12-14 months to survive? Nissan seeks investor after Renault reduces stake

Renault has decreased its stake in Nissan from 43% in 2002 to 15% in 2023, aligning with Nissan's 15% non-voting stake in Renault

12-14 months to survive? Nissan seeks investor after Renault reduces stake
Updated On : 26 Nov 2024 | 1:05 PM IST

Nissan to axe 9,000 jobs, cut production on weak China and US sales

It scrapped its net profit forecast due to ongoing restructuring efforts, which it said would reduce costs by 400 billion yen ($2.6 billion) this fiscal year

Nissan to axe 9,000 jobs, cut production on weak China and US sales
Updated On : 07 Nov 2024 | 6:29 PM IST

Nissan studies hybrid and CNG market in India, no immediate launch plans

Nissan previously announced that it is going to launch an "affordable" EV by 2026

Nissan studies hybrid and CNG market in India, no immediate launch plans
Updated On : 04 Oct 2024 | 8:50 PM IST

Plan to launch six products under alliance with Nissan on track: Renault

The plan to roll out six new products, including two electric vehicles under the Franco-Japanese automotive alliance Renault Nissan, at a total outlay of Rs 5,300 crore has been progressing and is on schedule, a top official of French car major Renault India said on Wednesday. Renault-Nissan, in February 2023, had announced investments of USD 600 million (about Rs 5,300 crore) in India, to bring in six new products, including two electric cars, and an upgradation of their Chennai plant. Renault India Country CEO and Managing Director Venkatram Mamillapalle at an event said on Wednesday that about 70-80 per cent of the total committed investments have been invested so far. "We have announced investments of Rs 5,300 crore to introduce six new products. It (the project) is on schedule. You will be hearing from us hereafter, very soon (on the launch of new models)," he said. Mamillapalle was speaking to reporters after unveiling a new range of "Night and Day Limited Edition" variants .

Plan to launch six products under alliance with Nissan on track: Renault
Updated On : 18 Sep 2024 | 9:01 PM IST

Japan's Mitsubishi Motors set to join Honda-Nissan alliance: Report

Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing electric vehicle components and artificial intelligence in automotive software platforms

Japan's Mitsubishi Motors set to join Honda-Nissan alliance: Report
Updated On : 28 Jul 2024 | 10:22 PM IST

Nissan's profits wiped out by deep US discounts; shares plunge 7%

The US and China are Nissan's two biggest markets, accounting for half of global sales in the year through March and 51 in the first quarter of this financial year

Nissan's profits wiped out by deep US discounts; shares plunge 7%
Updated On : 25 Jul 2024 | 3:01 PM IST

Nissan, Honda mull partnering on software, charging infrastructure

Both Japanese automakers have been hit hard in key market China by consumers' shift to low-priced, software-loaded EVs produced by Chinese brands such as BYD

Nissan, Honda mull partnering on software, charging infrastructure
Updated On : 04 Jul 2024 | 9:33 AM IST

US urges owners to stop driving older Nissan vehicles over air bag issues

Over the past decade, more than 100 million Takata air bag inflators have been recalled worldwide - including 7 million in the United States - in the biggest auto safety callback on record

US urges owners to stop driving older Nissan vehicles over air bag issues
Updated On : 29 May 2024 | 10:32 PM IST

Nissan Motor upbeat on annual profit despite challenges from inflation

It also expects foreign exchange moves to boost its annual results, helping to offset inflationary pressures

Nissan Motor upbeat on annual profit despite challenges from inflation
Updated On : 09 May 2024 | 2:58 PM IST

Likely to make next-generation EV batteries by early 2029: Nissan

Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan's legacy automakers have fallen behind newer rivals like America's Tesla and China's BYD in the emerging all-electric auto sector. But Nissan, like other companies, sees a chance to catch up and perhaps leap ahead with a new kind of battery that promises to be more powerful, cheaper, safer and faster to charge than the lithium-ion batteries in use today. Solid-state batteries, which replace the corrosive liquids found in conventional batteries with solid metals, are widely seen as the next step for EVs, and leading automakers are racing to develop versions that can be mass produced. Rivals like Volkswagen and Toyota have also announced efforts to produce solid-state EVs, with Toyota setting a date of 2027-28 to begin bringing them to market. But substantial challenges remain before the technol

Likely to make next-generation EV batteries by early 2029: Nissan
Updated On : 16 Apr 2024 | 1:48 PM IST

Renault Nissan JV to launch four new products, expand product portfolio

The Renault Nissan Alliance, a joint venture between automakers Japan-based Nissan and France headquartered Renault would launch four new products in the near future, a top official said here on Wednesday. Renault Nissan Alliance Chairperson Jean-Dominique Senard said India is at the heart of the alliance and every part of car manufacturing happens at the India plant. Renault Nissan Automotive India Pvt Ltd is a joint venture company between Nissan and Renault in India and currently retails five products with two being sold under the Nissan platform and three with the Renault badge. On a short visit to the city, Senard, flanked by Nissan Motor Corporation President and CEO Makoto Uchida and Renault Group CEO Luca de Meo, said March 27th marks the 25th anniversary of the alliance in India. "This is our first visit to India and India will continue to have a major role in our alliance. The alliance has invested USD 1.8 billion so far", he told reporters. "India is at the heart of the

Renault Nissan JV to launch four new products, expand product portfolio
Updated On : 27 Mar 2024 | 5:46 PM IST

Nissan will invest in Renault EV unit even though IPO scrapped: CEO

"Therefore, regardless of the IPO whatsoever, we are looking at Ampere. We are already discussing about Ampere, our investment."

Nissan will invest in Renault EV unit even though IPO scrapped: CEO
Updated On : 27 Mar 2024 | 4:17 PM IST