Nissan's first production plant in Russia, the company's biggest European market, was officially opened today by CEO Carlos Ghosn and Prime Minister Vladimir Putin.
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Nissan opened a $200 million plant in Russia on Tuesday and its CEO Carlos Ghosn said he is confident that the Russian car market would recover from its current steep downturn.
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Nissan opened a $200 million plant in Russia on Tuesday and its CEO Carlos Ghosn said he is confident that the Russian car market would recover from its current steep downturn.
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Nissan opened a $200 million plant in Russia on Tuesday and its CEO Carlos Ghosn said he is confident that the Russian car market would recover from its current steep downturn.
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Feeling the sting of operating losses around the world, Nissan Motor Co. and its French alliance partner Renault SA have assigned a task force to squeeze more savings out of shared vehicle platforms, assembly plants and purchases.
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A delegation from Nissan Motors' Japanese headquarters led by executive vice-president Colin Dodge and including senior VP Gilles Normand, corporate VP Andy Palmer and at least five other top ranking officials, is expected to visit the company's new manufacturing facility in Chennai next week.
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Renault and Nissan announced plans to expand the scope of their global alliance Friday. The partners will increase their joint manufacturing operations and cooperate more on platforms, powertrains, vehicle engineering, logistics and randd activities.
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Renault and Nissan have identified the potential to save a further EUR1.5 bn (US$2.1bn) by working even closer together, CEO Carlos Ghosn said.
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Nissan and car rental firm Europcar have announced that they are forming a partnership to market electric vehicles by 2010 and 'advance zero-emission mobility on a global scale'.
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DETROIT,-- The turmoil in the automotive industry is reflected in the results of this year's annual study of the automakers' supplier working relations, with the most significant shift in the suppliers' ratings of the auto manufacturers since the study was launched eight years ago. The annual North American OEM - Tier 1 Supplier Working Relations Study tracks the supplier relations of the top 3 US and top 3 Japanese automakers.
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Nissan Motor Co. said on Tuesday orders for its eco-friendly cars are up 30 percent in Japan so far in May from the same period a year earlier, helped by the government's new tax incentives for low-emission cars.
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Carmakers are anticipating a sales boost from a scrappage incentive launched in the U.K. on Monday. Ford Motor Co.
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In today's News Brake: The Nissan GT-R takes another bite out of Nürburgring; there's talk of a revived Auto Union; and Mini celebrates its anniversary with a groovy car ... But Wait, There's More!
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Nissan Motor and Renault will expand their alliance to take in a broader range of areas as part of efforts to bolster earnings, the head of the two companies, Carlos Ghosn, said in an interview with the Nikkei business daily.
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Nissan is to recall almost 800,000 cars worldwide to fix faulty engine air ducts.
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Nissan Motor's fourth quarter fiscal year loss will result in a negative charge estimated at EUR1,151m against Renault's first-half 2009 net income.
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Carlos Ghosn, CEO of both Nissan Motor and Renault, on Tuesday said he would not resign from the post at the Japanese automaker at least until it was profitable again.
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Nissan Motor on Tuesday said it would build electric vehicles (EV) at its Oppama plant in Kanagawa prefecture from autumn 2010.
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Nissan Motor has posted a net loss of JPY233.7bn for the full fiscal year ended 31 March 2009 and has forecast a fiscal year 2009/10 net loss of JPY170bn.
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Carlos Ghosn, CEO of Nissan Motor Co. and Renault SA, said on Tuesday he would not resign from his post at the Japanese automaker at least until it was back making profits.
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