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Retail Asia29/05/2020

Nissan Motor will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annual operating loss in 11 years. The Japanese carmaker’s second recovery plan in less than a year will outline how it […]

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Retail Asia18/05/2020

Nissan India has introduced a new car finance schemes and pick-up & drop service to ensure customers don’t need to come to visit dealerships and workshops and avoid physical contact. The Japanese carmaker has partnered with various financial institutions and is now offering a range of schemes offering paperless payment of car loans, special offers […]

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Retail Asia31/03/2020

Japanese auto giant Nissan has filed for a trademark of a new corporate logo. The trademark is likely replaced the existing three-dimensional logo that’s seen on the company’s vehicles and promises an evolution for the brand that’s also going through a major restructuring phase internally. The new logo gets a two-dimensional monochromatic design that will be […]

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Retail Asia19/03/2020

Nissan has stopped output at Britain’s biggest car factory due to the impact from coronavirus as it assesses supply-chain disruption and the drop in demand, the most significant closure to affect the country’s autos sector so far from the outbreak. Vauxhall’s Ellesmere Port car factory in northern England is also due to close on Tuesday […]

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Retail Asia25/02/2020

Japanese automakers delayed on Friday the restart of plants in China near the epicenter of a coronavirus outbreak, complying with authorities’ directives, but raising the risk of further supply disruptions that could hit global car production. Nissan Motor Co said it would keep its plants in Xianyang in the central province of Hubei, and Zhengzhou […]

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Retail Asia19/02/2020

Nissan’s worsening performance has heaped pressure on Uchida, formerly Nissan’s China chief who became its third CEO since September, to come up with aggressive steps to revive the company. On Tuesday, Uchida, who was repeatedly heckled by shareholders, said he was ready to face dismissal if he failed to improve profitability at the company, which is […]

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Retail Asia05/02/2020

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Nissan Motor said on Tuesday it is considering restarting production in China in its venture with Dongfeng Motor Group sometime after Feb. 10, citing government guidance and its assessment of the coronavirus epidemic. The Japanese carmaker also said production in Hubei province, the epicenter of the epidemic, will start sometime after Feb. 14. The production […]

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Retail Asia03/02/2020

he comments from Jean-Dominique Senard point to an emphasis on more cooperation and operational efficiency as the automakers and junior partner Mitsubishi Motors Corp strive to rebuild profits, which have slumped in the wake of former chairman Carlos Ghosn’s arrest in 2018. Renault and Nissan have struggled to repair a relationship badly strained after the […]

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Retail Asia16/12/2019

Japan’s markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday. Nissan’s former Chairman Carlos Ghosn was arrested in Tokyo in November last year over allegations of financial misconduct, including understating […]

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Retail Asia10/12/2019

Nissan Motor Co is committed to its automaking alliance with Renault SA but will not look to deepen its capital ties with the French automaker any time soon, its new CEO said on Monday. On his first day in the new position, chief executive Makoto Uchida also pledged to repair profitability at Japan’s No. 2 […]

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Retail Asia25/11/2019

Japan’s Nissan Motor has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. The leak into internal circuit boards will trigger a warning to drivers, which if ignored may lead to a fire in “rare instances,” […]

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Retail Asia20/11/2019

Nissan Motor reported a 70% drop in quarterly profit on Tuesday and cut its full-year forecast to an 11-year low, hit by a strong yen and falling sales, and highlighting the turmoil at the Japanese automaker after the ouster of Carlos Ghosn. The latest weak showing from Nissan, which also slashed its interim dividend by […]

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Retail Asia18/10/2019

Nissan Motor Company has appointed Makoto Uchida as its new chief executive officer (CEO). Uchida has been serving as a senior vice president in the company along with being the president of Dongfeng Motor Company. The Japanese carmaker has also appointed Ashwani Gupta as chief operating officer (COO) and representative executive officer. Gupta has been […]

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Retail Asia04/10/2019

Nissan and EDF have partnered to accelerate the delivery of electric mobility in the United Kingdom, France, Belgium and Italy and will be adopting smart charging of electric vehicles in these markets. The new agreement will be primarily focusing on the development of smart charging solutions i.e. vehicle to grid (V2G) chargers which will help […]

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Retail Asia20/09/2019

Nissan Motor is considering pulling out of South Korea, the Financial Times reported on Friday, as political and trade tensions between Japan and South Korea have caused sales of Japanese products in the neighboring country to plummet. Nissan and other Japanese firms have been a casualty of consumer boycotts of products ranging from cars to […]

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Retail Asia18/09/2019

Nissan today announced the appointment of Rakesh Srivastava as Managing Director, Nissan Motor India and will report to Sinan Ozkok, President of Nissan India Operations. Rakesh joins Nissan after having worked as Director in charge of electric vehicle development, JSW Group. Prior to that, Rakesh has held senior management positions at Hyundai Motor India and […]

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Retail Asia12/08/2019

Japanese auto giant Nissan announced earlier this week that it will downsize its workforce globally by firing 12,500 employees. This includes the manufacturer’s India operations as well. A report by ETAuto now states that over 1700 employees from the Indian subsidiary will be axed from the company, contributing 13.68 per cent to the total job cuts. However, […]

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Retail Asia09/08/2019

Nissan Motor Co unveiled its biggest restructuring plan in a decade, axing nearly a tenth of its workforce and flagging possible plant closures to rein in costs that ballooned when Carlos Ghosn was CEO. The cuts announced on Thursday followed a collapse in Nissan’s quarterly profit, highlighting how a crisis – brought about by sluggish […]

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Retail Asia01/07/2019

France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker’s alliance with Nissan, Finance Minister Bruno Le Maire said Saturday. He was speaking in Japan after Italian-US carmaker Fiat Chrysler pulled the plug on its proposed merger with Renault, saying negotiations had become “unreasonable” due to political resistance […]

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Retail Asia20/06/2019

Nissan found out about Renault’s merger talks with Fiat Chrysler just days before they became public, four sources told Reuters, stoking fears at the Japanese carmaker that a deal could further weaken its position in a 20-year alliance with Renault. Nissan Motor Co Chief Executive Hiroto Saikawa likely first caught wind of the merger plan […]

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