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Nissan to hike prices of all vehicles in India by up to 5 pc from Jan
Wed, Dec 23, 2020
Japanese automaker Nissan on Wednesday said it will hike prices of its vehicles in India by up to 5 per cent across models from next month to offset increased costs. The revised prices will be applicable across all available models for Nissan and Datsun, effective January 2021, Nissan Motor India said in a statement
Amazing! Nissan Magnite bookings crossed 5000 in just 5 days; See price, finance scheme, specifications here
Tue, Dec 08, 2020
Nissan Magnite Bookings: Nissan’s latest offering Nissan Magnite, a compact Sports Utility Vehicle (SUV) has been getting tremendous response from the customers. The launch of Nissan Magnite looks to have become a craze among the people with over 5000 booking in just 5 days. Moreover, the company has also received over 50,000 enquiries during this period
Focus: In India, a diminished Nissan bets big on a small SUV
Fri, Jul 31, 2020
Nissan Motor Co Ltd has had a dreadful run in India. A push to revive its lower-end Datsun brand flopped, sales have slumped 60% over the past five years and its sole plant in the country is operating way below capacity.
Hyundai, Suzuki to BMW, carmakers look to resume China output after coronavirus forced closures
Tue, Feb 11, 2020
Automakers including Daimler, Ford and Tesla are looking to resume production in China after being forced to shut factories following the outbreak of a new coronavirus. Below are details on carmakers` plans (in alphabetical order):
Brexit deal: Nissan to start building next-generation Juke car at UK plant
Thu, Oct 10, 2019
Nissan is ending the night shift at the Sunderland plant and the overall headcount of staff will be a little lower at around 6,000 as it focuses on ramping up the new vehicle.
Renault to start search for new CEO, reports Le Figaro
Wed, Oct 09, 2019
The chairman of the French carmaker Renault will propose to its board of directors to find a successor to current Chief Executive Thierry Bollore, business daily Le Figaro reported on Tuesday.
Nissan CEO Hiroto Saikawa to resign days after admitting he was paid more than entitlement
Mon, Sep 09, 2019
Nissan CEO Hiroto Saikawa is reportedly set to resign from the post, days after admitting he received more pay than his entitlement. According to reports in local media, Saikawa will step down from the posts as soon as the company's finds a suitable successor.
Nissan wants Renault to reduce its 43% stake to revive Renault-FCA deal talks: Report
Sat, Aug 03, 2019
The negotiations could lead to an initial memorandum of understanding on restructuring as early as September, the Journal reported, citing emails.
Nissan says to postpone talks on deepening alliance with Renault, focus on recovery
Tue, Jun 25, 2019
Shareholders at Japan`s second-biggest automaker were due to vote on a new governance structure and 11-member board, after the arrest last year of Ghosn over financial misconduct allegations - which he denies - revealed auditing weaknesses at the company.
Nissan grants Renault executives boardroom seats, ending the dispute
Fri, Jun 21, 2019
Nissan said it will give Renault Chief Executive Thierry Bollore a seat on its board`s audit committee and Renault Chairman Jean-Dominique Senard a seat on its nomination committee.
Nissan Motor considers giving Renault some seats on oversight committees: Report
Sat, Jun 15, 2019
The two-decade-old partnership of Nissan and Renault was plunged into a crisis earlier this week, as the French automaker`s demand for a greater say in Nissan`s new governance system drew rare public censure by the Japanese firm.
Nissan CEO got higher stock-linked bonus after payout date changed: Former director Kelly
Mon, Jun 10, 2019
Saikawa has worked to improve governance while navigating fraught relations with French majority shareholder Renault SA. Ghosn, as chairman of both automakers, had favoured a merger before his ouster, while Saikawa had opposed.
Renault, Nissan spar over governance reforms as tie-up strains worsen
Mon, Jun 10, 2019
The rift exposes the deepening strain between France`s Renault SA and Nissan Motor Co, whose 20-year-old tie-up has been under pressure since the arrest of former Chairman Carlos Ghosn in November.
Saving Renault, Nissan ties priority: French Minister
Mon, Jun 10, 2019
Ties between Nissan and Renault have been under strain since Renault tried to explore a merger with Nissan. Officials at Nissan, a larger company than Renault, are strongly resistant to merger talk. They fear having to answer to the French government and see their company as more technically advanced.
Renault to block Nissan''s corporate governance overhaul, reports FT
Mon, Jun 10, 2019
France`s Renault SA has told Nissan Motor Co Ltd that it will block the company`s plan to overhaul its corporate governance, the Financial Times reported on Sunday.
Renault-Nissan merger: France ready to cut stake in domestic firm to shore up proposed plan
Sat, Jun 08, 2019
Le Maire told AFP that Paris might consider reducing the state's 15-percent stake in Renault if it led to a "more solid" alliance between the Japanese and French firm.
Fiat Chrysler withdraws merger offer for Renault
Thu, Jun 06, 2019
Nissan CEO Hiroto Saikawa on Monday said that the proposed merger if realized would significantly alter the structure of Renault.
Datsun Go, Go+ get new electronic stability control: All you need to know
Tue, Jun 04, 2019
The updated GO and GO+ now comes with anti-lock braking system (ABS), electronic brake force distribution (EBD), brake assist (BA) and traction control system (TCS). The Japanese carmaker has also introduced a new colour option - Vivid Blue - but only with the GO hatchback.
Renault sticks to 2019 goals, with focus on fixing Nissan alliance
Fri, Apr 26, 2019
Renault clung to full-year targets on Friday as declining overseas sales and business with Japanese partner Nissan led to a 4.8 percent first-quarter revenue drop.
Nissan Motor to reject integration proposal from French partner Renault: Nikkei
Mon, Apr 22, 2019
Nissan's management feels Japanese company has not been treated as an equal of Renault under existing capital ties, and a merger would make this inequality permanent.