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Retail Asia28/02/2023

Nissan (China) Investment Co., Ltd. (NCIC) today announced the establishment of Nissan Mobility Service Co., Ltd., a dedicated mobility service company, as part of its efforts to continue transforming its business in China. The announcement was made at the 5th China International Import Export (CIIE) show which opened on Nov. 5th here. The new company, headquartered in […]

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Retail Asia12/10/2022

Japanese auto giant Nissan has announced its exit from the Russian market. The automaker’s Executive Committee approved the sale of its Russian operations to the state-owned NAMI, the Central Research and Development Automobile and Engine Institute. Nissan had stopped operations in Russia in March this year, following the invasion of Ukraine. It then ceased operations at the […]

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Retail Asia08/12/2021

Infiniti has joined the pantheon of US-based automakers which have pledged to transition mostly to electric powertrains by 2030. In its video, Infiniti also hinted that it will be also be leveraging hybrid powertrains, “we will not let the size of our battery alone define us, but rather, empower customers to choose the power source […]

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Retail Asia03/12/2021

Nissan unveiled a lunar rover prototype jointly developed with the Japan Aerospace Exploration Agency (JAXA). The JAXA Space Exploration Innovation Hub Center is conducting research on lunar rovers for space exploration. Nissan has been working with JAXA on driving the controllability of the rovers since January 2020. A lunar rover must be able to traverse […]

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Retail Asia29/11/2021

Automaker Nissan wants half its global sales to be electric or hybrid vehicles by 2030 and plans to plough billions of dollars into the effort, it announced Monday. The move follows in the footsteps of other major global automakers, which have increasingly signaled a move towards electric and hybrid vehicles as concern about climate change […]

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Retail Asia10/11/2021

Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices. The firm now projects 180 billion yen ($1.6 billion) in net profit for the fiscal year […]

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Retail Asia29/07/2021

Japanese automaker Nissan Motor Co on Wednesday raised its earnings outlook for the year, helped by a weaker yen and favorable demand in the United States and China, after reporting a surprise first-quarter operating profit. The company also warned that a global shortage of semiconductor chips will significantly hurt sales volume in the July-September quarter, […]

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Retail Asia05/07/2021

Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model. Facing the most profound technological shift in a century, the titans of the auto industry are […]

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Retail Asia01/07/2021

Japanese automotive giant Nissan will be making the first battery facility in the UK as per Sky News. The factory is slated to open in Sunderland in 2024 and is expected to produce batteries in 200,000 electric cars every year. Nissan will be partnering with Chinese specialist Envision AESC to build the batteries. It will […]

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Retail Asia24/05/2021

Workers at Renault-Nissan’s car plant in southern India will go on strike on Wednesday as their COVID-related safety demands have not been met, a union representing the workers told the company in a letter on Monday. The strike threat at the plant in Tamil Nadu, jointly owned by Nissan Motor and alliance partner Renault, comes […]

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Retail Asia19/04/2021

Japan’s financially challenged Nissan Motor Co is expected to show off a new “must-succeed” car and explain its green-car strategy for China at the Shanghai auto show which starts on Monday, two company officials told Reuters. The car Nissan plans to show off at the motor show is the significantly redesigned X-Trail sport-utility vehicle (SUV). A […]

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Retail Asia15/03/2021

Nissan Motor announced Guillaume Cartier as its new Chairperson for the Africa, Middle East, India, Europe and Oceania (AMIEO) region. Effective April 1st, Cartier will lead all Nissan operations in the region, which covers more than 140 markets across four continents with a population of around 3.8 billion people, representing more than 30 percent of […]

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Retail Asia18/11/2020

Japan’s Nissan Motor plans to invest heavily in China’s luxury auto segment, its chief operating officer said on Monday. Ashwani Gupta made the comment in an interview during the Reuters Auto Summit teleconference. He also said that while he was satisfied with the automaker’s business in the United States, it wasn’t enough.

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Retail Asia18/11/2020

Nissan Motor Co is “absolutely not” in talks to sell its stake Mitsubishi Motors, Nissan’s chief operating officer said on Monday, following a report the carmaker was considering pulling out of its alliance partner. “We are not in any discussion or consideration of changing the capital structure in our partner companies. We are moving ahead […]

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Retail Asia17/11/2020

Nissan India will be launching the Magnite Subcompact SUV in India on November 26, 2020. It is one of the highly awaited subcompact SUVs in India. We have now learnt that select dealerships in Mumbai and Delhi are accepting unofficial bookings for the 2020 Magnite for a token amount of ₹ 25,000. The carmaker has […]

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Retail Asia16/11/2020

Nissan Motor Co may sell its 34% stake in Mitsubishi Motors Corp in what would be a fundamental change in a three-way alliance that also includes France’s Renault SA, Bloomberg News reported, citing unidentified sources. Nissan is considering looking for potential buyers, which could include other shareholders such as trading firm Mitsubishi Corp, as it is […]

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Retail Asia13/10/2020

Japanese automaker Nissan Motor said on Sunday its sales in China rose 5.1% in September from a year earlier, to 141,595 vehicles. China’s auto market, the world’s biggest, is a key focus for the embattled carmaker as it struggles to fix problems stemming from ousted leader Carlos Ghosn’s aggressive expansion drive.

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Retail Asia18/09/2020

Japanese carmaker Nissan has announced it will officially cut ties with its current distributor in Vietnam, Tan Chong, at the end of September. Both sides said they will part ways on September 30, ending all their partnerships in the production and distribution of Nissan vehicles for the Vietnamese market. Before ending ties with Malaysian-owned Tan […]

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Retail Asia07/08/2020

Japanese automakers’ China sales grew by more than 10% from a year earlier in July as the world’s biggest auto market sustained its recovery. Nissan Motor said on Wednesday its sales in China rose 11.6% last month from a year earlier to 120,945 vehicles. China is a market that Nissan is focusing on as the […]

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Retail Asia30/06/2020

Nissan Motor on Monday blasted suggestions in media reports of a conspiracy within the company to oust former chairman Carlos Ghosn. Ghosn’s 2018 arrest in Japan on financial misconduct charges has led to much speculation that the move was orchestrated by Nissan executives who opposed closer ties with partner Renault SA. “I know that in […]

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