Mon, Oct 09, 2023
Nissan issued a recall notice for more than 2,36,000 small cars in the US due to a potential issue leading to a loss of steering control.
Mon, Aug 14, 2023
Automakers' shares are quick to react to swings in the yen, although the companies themselves tend to stick to conservative forecasts for the currency.
Thu, Jul 27, 2023
Renault Nissan Automotive on Thursday said it has crossed 25 lakh unit production milestone at its Chennai-based manufacturing plant.
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):
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Thu, Jun 06, 2019
Nissan CEO Hiroto Saikawa on Monday said that the proposed merger if realized would significantly alter the structure of Renault.
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.
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.
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.
Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire. The charge, which ensures Ghosn will remain in custody pendin
Thu, Apr 18, 2019
South Korean automaker Hyundai Motor Co on Thursday named former Nissan executive Jose Munoz as its global chief operating officer.
Nissan in India has a portfolio of two brands, Nissan and Datsun.
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