In a statement on Friday, Japanese automaker Nissan Motor Co said, it was too early to say whether it would spin off its electric vehicle (EV) business like Renault is seeking to do. “It’s too early to consider because of our… Read More ›
Nissan Motor Co
Renault SA considering separating EV business from combustible powered vehicles
On Monday, shares of Japanese automaker Nissan Motor Co Ltd slumped by 5%, marking their biggest fall in more than a month, following a report that Renault SA, its top shareholder, may consider lowering its stake in the company. Last week… Read More ›
Renault, Nissan & Mitsubishi Motors set to deepen alliance, share common platform for motors and batteries
According to Japanese daily Yomiuri, Nissan Motor Co, Renault SA and Mitsubishi Motors Corp are set to draft plans to deepen the alliance next month, including the joint development of more electric vehicles (EVs) and self-driving technology. The three companies… Read More ›
Nissan’s earnings and cashflow under pressure for 2019-2020: CEO
On Tuesday, Nissan Motor Co’s Chief Executive Makoto Uchida stated, he expects the carmaker’s earnings and cashflow to remain under pressure through the end of the financial year in March. Uchida made these comments while addressing shareholders for the first… Read More ›
Christian Meunier resigns from Nissan Motor’s premium Infiniti division
Christian Vandenhende, Nissan Motor’s chief quality officer, will now lead the Infiniti division until a new head is announced. In a statement, Nissan Motor Co said, its premium Infiniti division will soon announce a new acting global head for its… Read More ›
Nissan comes across more instances of improper checking during final inspections
In July 2018 during sample test checking, Nissan found various instances wherein fuel economy and emission testing did not match those set by Japan for domestic standard. A recall of the affected cars is likely. On Thursday, Japanese daily Nikkei… Read More ›
Tokyo prosecutors to arrest Carlos Ghosn for yet another crime
As a result of the filing of fresh charges in a separate crime, Carlos Ghosn’s detentions is likely to be extended up to December 30, 2018. On Tuesday, Japan’s Sankei newspaper reported, prosecutors plan on arresting Carlos Ghosn on a… Read More ›
Carlos Ghosn, Chairman of Nissan Motor Co, arrested
Carlos Ghosn is suspected to have under reported his income in his tax filings. Carlos Ghosn, Chairman of Nissan Motor Co Ltd has been arrested by prosecutors from Tokyo for alleged violation of Japan’s financial instruments and exchange act. As… Read More ›
Yamaha Motor, Nissan, Subaru, Suzuki, Mazda, falsified data on emission control and fuel economy tests
The disclosure by the Japanese government could potentially lead to lawsuits in the U.S., like it did for Germany’s Volkswagen AG. On Thursday, in the latest case of data falsification, the Japanese government disclosed, Yamaha Motor Co, Mazda Motor Corp,… Read More ›
New tax reform bill does not kill tax credit for electric vehicles
Although the new tax reform bill, as introduced in the U.S. House of Representatives, had contained provisions to eliminate the $7,500 tax credit for EVs, the version that was introduced on Thursday in the U.S. Senate does not contain these… Read More ›
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