Nissan Motor Co., Japan's third-largest automaker, revised its annual outlook to a profit from a loss today as soaring sales in China helped drive quarterly earnings beyond the market's expectations.
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Nissan has sounded an optimistic note concerning possibilities for Russian car market, which has collapsed this year in the face of Russia's severe economic recession.
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Nissan plans to invest JPY50bn (US$554m) to increase electric vehicle battery production for French partner Renault, according to the Nikkei newspaper on Tuesday.
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Renault SA and its partner Nissan Motor Co.
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Nissan Motor Co. CEO Carlos Ghosn said this week that his Franco-Japanese alliance is ready to produce a half million electric car batteries annually, but market conditions would determine when.
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Nissan Motor chief executive Carlos Ghosn has said the automaker plans to eventually overcome the high cost of making advanced batteries and make its all electric cars price competitive even without government subsidies.
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The Renault-Nissan Alliance and the Mexico City Government today announced a partnership that paves the way for the introduction of the Nissan LEAF in Mexico's capital city in 2011.
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The Renault-Nissan alliance may also produce batteries for electric vehicles in France, chief executive Carlos Ghosn said.
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Morgan Stanley cut Renault by two notches to its lowest rating, citing pressures from AvtoVAZ, a downside risk to Volvo trucks and a delay in resumption of dividend payment by Nissan. Renault shares fell as much as 5 percent.
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Morgan Stanley cut Renault by two notches to its lowest rating, citing pressures from AvtoVAZ, a downside risk to Volvo trucks and a delay in resumption of dividend payment by Nissan. Renault shares fell as much as 5 percent.
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Sales of Teana and Sylphy sedans boosted Nissan Motor volume in China 63.8% to 75,209 units last month, the automaker said.
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Nissan's Sunderland Plant is feeling the benefits of the UK scrappage scheme with a 40% increase in Micra production.
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Renault and Nissan are considering production of batteries for electric cars in France. The alliance has so far announced plans to produce batteries in Japan, the U.S., Portugal and England.
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Renault and Nissan are considering production of batteries for electric cars in France. The alliance has so far announced plans to produce batteries in Japan, the U.S., Portugal and England.
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WORLD EXCLUSIVE: Porsche's new 928, Renaultsport Megane driven, Nissan's new Micra, green car group test special, free 24-page car-guide booklet
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Company’s electric car charging points could appear in UK cities soon.
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Roomier, more stylish eco Nissan revealed.
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Beyond its chiseled physique and distinctive looks, the 2009 Nissan Murano is actually a pretty straightforward machine. After all, the Japanese automaker's plan was to build a unique midsize CUV that's unmistakable at first glance.
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Nissan is adding more consumer electronics to the 2010 Nissan Altima, Maxima and Sentra to give the sedans a mid-cycle lift.
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