TOKYO—Nissan Motor Co on Tuesday raised its full-year profit outlook as it squeezed out more profit per vehicle but said that access to scarce semiconductors would be the key driver of future earnings growth. Like other big global carmakers, Nissan has been forced to cut vehicle output, even amid robust demand in key markets such…
Nissan Raises Profit Outlook but Sees Chip Limit to Growth
February 9, 2022
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Renault-Nissan to Do More Together in $26 Billion Electric Bet
TOKYO/PARIS—Renault and Nissan will work more closely together to make electric cars, they said on Thursday, as they detailed a $26 billion investment plan over the next five years to stay competitive in the switch to cleaner driving. The two-decade old alliance, which also includes Mitsubishi Motors, said it would increase the number of common…
Nissan to Build New Battery Recycling Factories in US, Europe by 2025: Nikkei
TOKYO—Nissan Motor Co. Ltd plans to build new battery recycling factories in the United States and Europe by the end of fiscal 2025, the daily Nikkei reported on Thursday. Nissan hopes that recycling batteries and re-using them in electric vehicles (EVs) would help lower production costs as the price of rare metals rise, Nikkei said….
Japanese Carmakers’ Chinese Sales Tumble in October
November 5, 2021
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Asia & PacificBusiness & EconomyBusinesses in COVID-19CarmakersChinaChina Business & EconomyChineseCompaniesEconomieshondaJapaneseNissanoctobersalesToyotaWorld
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BEIJING—Japanese automakers Honda Motor Co., Nissan Motor Co., and Toyota Motor Corp.’s sales in China tumbled again in October as a microchip shortage hit vehicle production in the world’s biggest car market. Honda said it sold 148,377 vehicles in China last month, down 18 percent from a year earlier, while Nissan said it sold 113,876…
Nissan Asks Tokyo Court for Leniency Over Ghosn Charges
TOKYO—A lawyer for Nissan Motor Co. on Wednesday asked a Tokyo court for leniency when it sentences the company over charges it allowed ousted chairman, Carlos Ghosn, to hide earnings from Japanese authorities. Nissan, which has already pleaded guilty, is standing trial alongside former executive Greg Kelly, who has denied charges he helped his former…
2021 Nissan Armada Platinum 4WD
The new Nissan Armada is more capable while providing superb technology, premium styling, and comfort. Connectivity is addressed with Wireless Apple CarPlay Integration, Android Auto, plus Door to Door Navigation and Bluetooth Hands-Free Phone System. Inside, a contemporary, redesigned interior offers simplified everyday usage and enhanced experience for the occupants. The redesigned center stack is…
Nissan Plans Mexico Work Stoppages in October Due to Chip Shortage
MEXICO CITY—Japanese automaker Nissan will carry out temporary work stoppages at two Mexican plants for several days in October because of production adjustments needed to manage a shortage of semiconductor chips, its Mexico unit said on Wednesday. Nissan will halt operations at its plant 2 in the central state of Aguascalientes for 11 days in…
Tokyo Prosecutors Seek Two-Year Sentence for Former Nissan Executive Kelly
TOKYO—Japanese prosecutors asked a Tokyo court on Wednesday to send former Nissan Motor executive Greg Kelly to prison for two years for his alleged part in helping Carlos Ghosn, the carmaker’s ousted CEO, hide earnings. Prosecutors, who are also seeking a 200 million yen ($1.8 million) fine for the Japanese carmaker, called for the jail…
2022 Nissan Pathfinder SL AWD
For the 2022 model year, Nissan has redesigned the Pathfinder to position its three-row SUV to compete strongly with Kia Telluride, Toyota Highlander, and Hyundai Palisade. The cabin provides room for seven or eight passengers across three rows. The DOHC 3.5-liter V6 provides 284 horsepower and 259 lb-ft of torque. The power is carried by…
Americans Stand Trial in Japan, Accused in Ghosn’s Escape
TOKYO—Two Americans charged with helping former Nissan chairman Carlos Ghosn flee Japan while he was facing accusations of financial misconduct agreed Monday that they took part in a scheme for him to escape the country. Statements by Michael Taylor and his son, Peter, on the opening day of their trial in Tokyo suggest the pair…
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