Nissan Motor Co

Nissan Oct production down globally except Mexico amid Trump tariff threat

Nissan's worldwide output for October decreased 6 per cent from the same month a year earlier to 290,848 vehicles

Nissan convinces US court to decertify brake defect class actions

Writing for a three-judge panel, however, Chief Judge Jeffrey Sutton said some drivers may never have experienced sudden braking, or sought repairs to begin with

Nissan Motor India commences export of new SUV Magnite to South Africa

Over 2,700 units of the model have been shipped from the Chennai port within a month after its launch in India

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 Motor upbeat on annual profit with 5.5% rise despite challenges

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

Nissan trims annual operating profit estimate by 14.5% on lower sales

Nissan's quarterly sales performance was also hurt by stronger-than-expected US demand for hybrids, Uchida said, a trend that has especially benefited rival Japanese automaker Toyota

Nissan Motor India recalls Magnite units to fix front door handle sensors

Nissan Motor India on Thursday said it is voluntarily recalling Magnite units produced between November 2020 and December 2023 for a retrofit of front door handle sensors. The company did not share the number of affected units. This proactive and mandatory preventive action impacts the base XE and mid XL variants only, with no impact to the safety of customers, the automaker said in a statement on its website. All Nissan Magnite units manufactured after December 2023 remain unaffected, it added. The automaker said it will begin notifying the owners of the affected vehicles and assured them that they can continue using their vehicles without interruption. Customers can visit their nearest authorised Nissan service workshop, where a retrofit of the sensor will be performed free of charge, it added. Nissan Magnite is a five seater compact sports utility vehicle.

Nissan shares plummet 11.7% as Q3 earnings highlight China worries

That helped the automaker increase sales by 19% year-on-year to 247,000 vehicles in the final three months of last year, he said

Nissan Motor India names Saurabh Vatsa as Deputy Managing Director

Nissan Motor India on Monday said it has appointed Saurabh Vatsa as the Deputy Managing Director with immediate effect. He will report to Managing Director Rakesh Srivastava and support in implementing the company's ongoing transformation roadmap, the automaker said in a statement. The appointment is reflective of the company's transformation plan to meet the opportunities and challenges ahead for the automotive industry in India, it added. Vatsa joins Nissan from Stellantis, where he was a member of the Stellantis leadership team and spearheading the Citroen brand since its inception in India. "His (Vatsa) appointment underpins our commitment to invest USD 600 m USD (Rs 5,300 crore) in India as part of the Alliance and introduce more products for the Indian consumer as part of the transformation plan," Nissan India Operations President Frank Torres said.

Nissan, Honda get some relief as weak yen amplifies uptick in sales

It raised its full-year forecast by nearly 13% to 620 billion yen due to a favourable impact of a weak yen and improvements in global retail sales, excluding China

Renault India achieves 1 mn production milestone, targets 2-mn mark by 2030

French automaker's alliance with Renault SA plans to invest Rs 5,300 cr in India

Foreign automakers get a second chance as India transitions to EVs

But with the advent of EVs, firms like MG Motor India Pvt, the local unit of China's SAIC Motor Corp., Renault SA, Nissan Motor Co. and Volkswagen AG may finally gain a better foothold

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 Motor Co raises global EV target; to increase US localisation

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, from a previous goal of 50%

Nissan Motor to invest over Rs 2 cr to upgrade Chengalpet hospital

Nissan Motor has committed an investment of over Rs two crore to upgrade the infrastructure at the medical college and hospital in neighbouring Chengalpet district, the company said

French investigators issue arrest warrant for ex-Nissan chief Carlos Ghosn

Warrants targeting Ghosn concerns a wide spectrum of allegations ranging from his interactions with Omani car distributor to corporate spending on various events and trips that may have been personal

India to be big market for electric vehicles: Nissan COO Ashwani Gupta

The Renault-Nissan-Mitsubishi automobile alliance on Thursday announced its 2030 global roadmap that focuses on pure electric vehicles (EVs)

At Nissan's annual meeting, Carlos Ghosn looms even years after arrest

Nissan has posted two straight years of losses since executive was arrested on charges of financial misconduct.

US father-son duo charged with helping Carlos Ghosn flee plead guilty

Appearing for the first time since they were extradited to Japan from the U.S. earlier this year, Michael Taylor, 60, and Peter Taylor, 28, listened as the prosecutor read out the charges.