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Renault Nissan inks agreement with Kamarajar Port for car shipments The Renault Nissan Alliance has signed an agreement with Kamarajar Port Ltd (KPL) for the exports of cars manufactured by their joint venture by Renault Nissan Automotive India Pvt Ltd (RNAIPL) near here. The agreement was signed by Frank Torres, President, Nissan Motor India and Sunil Paliwal, Chairman and Managing Director, Kamarajar Port Ltd. The Renault Nissan Alliance was the first car manufacturer in the region to commence exports of cars through Kamarajar Port. So far, over mo...
Renault Nissan inks agreement with Kamarajar Port for car shipments
Renault Nissan inks agreement with Kamarajar Port for car shipments
Source: IANS
20/03/2023 1:19:51 PM
Nissan raises global EV targets; to increase U.S. localisation Nissan Motor Co Ltd on Monday raised its electrified car sales goals and said it will increase power train production in the United States, as it looks to catch up in a segment dominated by newer automakers such as Tesla Inc. The Japanese automaker was a pioneer in electric vehicles (EVs) with its all-battery-powered Leaf but has struggled alongside many legacy automakers in the face of increasing competition from nimbler new entrants. Nissan now aims to have electrified vehicles - whic...
Nissan raises global EV targets; to increase U.S. localisation
Nissan raises global EV targets; to increase U.S. localisation
Source: Reuters
27/02/2023 9:01:52 AM
Renault Nissan to invest $600 million, launch six new models The French-Japanese Renault-Nissan alliance will invest $600 million (Rs 5,300 crore) over a five year period in India to roll out more models including EVs and also in the research and development (R&D), said a senior official. The Renault Nissan Automotive Pvt Ltd signed a MoU with the Tamil Nadu government for investing Rs 3,300 crore in the first phase of the investment plan, a state government statement said. Announcing the new investment, Nissan Motor Company Director and Chie...
Renault Nissan to invest $600 million, launch six new models
Renault Nissan to invest $600 million, launch six new models
Source: Reuters
13/02/2023 11:58:02 AM
Exclusive-Renault considers making mass-market EVs in India NEW DELHI/PARIS - Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing review told Reuters, as part of a renewed push into a market where EV adoption is expected to grow quickly from a small base. The study by Renault underscores how the French automaker is pushing ahead with electrification plans even as it extends unresolved negotiations with its partner Nissan Motor about investing in an EV unit it plans to carve out from its ...
Exclusive-Renault considers making mass-market EVs in India
Exclusive-Renault considers making mass-market EVs in India
Source: Reuters
7/01/2023 9:20:32 AM
Nissan sells its Russian operation with 6 year buyback option  Japan's Nissan Motor Company has decided to sell its Russian operations with an option to buy it back within six years, the company said. The company also said it will take a one-off impact of approximately 100 billion yen from this exit. According to Nissan, its Executive Committee on Tuesday approved the sale of its Russian operations to NAMI, the Central Research and Development Automobile and Engine Institute. The sale will transfer all Nissan operations in Russia under...
Nissan sells its Russian operation with 6 year buyback option
Nissan sells its Russian operation with 6 year buyback option
Source: IANS
12/10/2022 9:41:00 AM
Key News - Jubilant FoodWorks, OYO Rooms,Vedantu, Nissan Motor India By ARETE Securities Key News Jubilant Foods to buy remaining 10% stake in JV with Golden Harvest Jubilant Food Works on Tuesday said it will acquire the remaining 10 per cent share in its joint venture Jubilant Golden Harvest from Golden Harvest. After this, Jubilant Food Works (JFL) would have Golden Harvest's 49 per cent stake in the JV, making JGHL, which offers domino's pizza in Bangladesh, a wholly-owned subsidiary, the company said in a regulatory filing HC allows Invesco appeal against or...
Key News - Jubilant FoodWorks, OYO Rooms,Vedantu, Nissan Motor India By ARETE Securities
Key News - Jubilant FoodWorks, OYO Rooms,Vedantu, Nissan Motor India By ARETE Securities
Source: ARETE Securities Ltd
23/03/2022 9:56:05 AM
Nissan to spend $17.6 billion over 5 years in electrification push TOKYO Nissan Motor Co announced it will spend 2 trillion yen ($17.59 billion) over the next five years to accelerate vehicle electrification, betting tighter carbon emission restrictions will spur demand for electric cars and hybrids. Japan's No. 3 car maker said on Monday it will introduce 23 electrified vehicles by 2030, including 15 electric vehicles (EVs), and plans to introduce all solid-state batteries by March 2029. Nissan, which was among the first mass-market EV makers...
Nissan to spend $17.6 billion over 5 years in electrification push
Nissan to spend $17.6 billion over 5 years in electrification push
Source: Reuters
29/11/2021 9:59:44 AM
Key News - Paytm, Bharti Airtel, Amazon, Reliance Industries Ltd, Nissan Motor Co Ltd By ARETE Securities Key News Paytm in focus again as analysts question CEO on profit, business model After a turbulent debut for the company behind India’s largest initial public offering, Paytm’s top executives spent 90 minutes on a call with investors and analysts on Saturday as they dissected its business model and raised questions on monetization. Whether officials have done enough to ease doubts on revenue streams and profitability prospects remain to be seen when markets reopen. One97 Co...
Key News - Paytm, Bharti Airtel, Amazon, Reliance Industries Ltd, Nissan Motor Co Ltd By ARETE Securities
Key News - Paytm, Bharti Airtel, Amazon, Reliance Industries Ltd, Nissan Motor Co Ltd By ARETE Securities
Source: ARETE Securities Ltd
29/11/2021 9:24:59 AM
Nissan raises profit outlook as sales rebound from pandemic slump TOKYO  - Nissan Motor Co on Tuesday raised its full-year operating profit outlook by 20% as sales rebounded from a pandemic slump and tight supplies of vehicles allowed it to lower incentive payments and boost margins. Nissan like other big global carmakers has been forced to cut output because of a shortage of semiconductors and other components. But demand for cars in key markets such as China and the United States is growing. Nissan raised its full-year profit forecast to 180 bi...
Nissan raises profit outlook as sales rebound from pandemic slump
Nissan raises profit outlook as sales rebound from pandemic slump
Source: Reuters
9/11/2021 2:37:50 PM
In court, former Nissan executive Kelly denies helping Ghosn hide earnings TOKYO - Former Nissan Motor executive Greg Kelly denied helping ousted boss Carlos Ghosn hide earnings, saying at his trial in Tokyo on Wednesday that his only goal had been to retain a chief executive who could have been lured away by a rival automaker. Ghosn escaped to Lebanon in Dec. 2019 hidden in carry-on luggage on a private jet that flew out of Kansai Airport, while he awaited trial on charges of financial wrongdoing, including understating his compensation in financial statements. ...
In court, former Nissan executive Kelly denies helping Ghosn hide earnings
In court, former Nissan executive Kelly denies helping Ghosn hide earnings
Source: Reuters
12/05/2021 4:02:35 PM
Nissan to focus on fuel-sipping technology and electric cars in China Japan's Nissan Motor Co, which is racing to lift margins and curb costs amid slowing sales, showed off a redesigned version of its X-Trail model on Monday and announced a green car strategy for China at the Shanghai auto show. The redesigned X-Trail sport-utility vehicle (SUV) was on display after a similar SUV called the Rogue hit the U.S. market last year. The new X-Trail will be available in China this year. The new car is powered by a fuel-sipping three-cylinder, petrol-powered ...
Nissan to focus on fuel-sipping technology and electric cars in China
Nissan to focus on fuel-sipping technology and electric cars in China
Source: Reuters
19/04/2021 3:05:23 PM
Nissan to slash Japanese production in May due to chip shortage - Sources TOKYO - Nissan Motor Co will slash production at several factories in Japan next month, three sources with direct knowledge of the plan told Reuters on Thursday, in the latest hit to an automaker from a global shortage of semiconductors. Japan's third-largest automaker will idle its factory inKyushu, southern Japan, for eight days between May 10 and 19,the sources said, declining to be identified because the plan isnot public. The plant, which assembles the Serena minivan,X-Tra...
Nissan to slash Japanese production in May due to chip shortage - Sources
Nissan to slash Japanese production in May due to chip shortage - Sources
Source: Reuters
16/04/2021 11:02:11 AM
Japan`s Nissan trims loss forecast as auto markets rebound and it cuts costs TOKYO - Japan's No. 3 automaker Nissan Motor Co on Tuesday trimmed its loss forecast for the current financial year by more than a third as the automaker benefited from a rebound in demand led by China and cost cuts. The rebound in the world's biggest auto market following a coronavirus-induced slump is helping Nissan and other global carmakers claw back sales. A shortage of semiconductors, however could dampen that recovery as it forces Nissan and its peers to curtail some output....
Japan`s Nissan trims loss forecast as auto markets rebound and it cuts costs
Japan`s Nissan trims loss forecast as auto markets rebound and it cuts costs
Source: Reuters
9/02/2021 2:30:45 PM
Chip shortage forces Ford, Toyota, Nissan, FCA to cut vehicle production TOKYO - Ford Motor Co, Toyota Motor Corp, Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Friday they would cut vehicle production this month due to a shortage of semiconductors, becoming the latest automakers hit by a chip crunch as demand rebounds from the coronavirus crisis. Honda Motor Co also said Friday its output in Japan could be affected by a shortage of semiconductors. Automakers and electronic makers are facing a global shortage of chips as consumer demand has ...
Chip shortage forces Ford, Toyota, Nissan, FCA to cut vehicle production
Chip shortage forces Ford, Toyota, Nissan, FCA to cut vehicle production
Source: Reuters
10/01/2021 9:39:30 AM
Nissan develops techniques to speed up production of carbon fibre parts Nissan Motor Co said on Thursday it has developed techniques that help speed up production of automotive components made from carbon fibre reinforced plastics (CFRP). The techniques can cut the lead time to develop such components by as much as half, and cycle time for molding by about 80%, compared with conventional methods, the Japanese automaker said. They involve accurately simulating the behaviour of resin injected into carbon fibre when shaping CFRP components, according to Nissan...
Nissan develops techniques to speed up production of carbon fibre parts
Nissan develops techniques to speed up production of carbon fibre parts
Source: Reuters
3/09/2020 12:07:22 PM