Nissan accelerates UK electric car production SUNDERLAND: Japanese auto giant Nissan announced Friday it would invest up to £2 billion in UK electric car... Updated 24 Nov, 2023 04:59pm
Business & Finance Nissan set for £1bn UK electric car investment: FT LONDON: Japanese auto giant Nissan will commit Friday to building electric models of two best-selling cars in... Published 23 Nov, 2023 07:29pm
Business & Finance Renault cuts Nissan stake to 15% after transferring shares to trust TOKYO: France’s Renault has cut its stake in Nissan to 15% from about 43% by placing 28.4% of the Japanese automaker... Published 08 Nov, 2023 01:07pm
Business & Finance Major global firms warn of slow China sales as post-pandemic surge fades NEW YORK: Global firms from consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar have... Published 07 Aug, 2023 07:25am
Business & Finance Nissan, Renault ready to announce new alliance deal in days TOKYO: Nissan and Renault will make an announcement in the coming days on their restructured alliance and have... Published 19 Jul, 2023 11:42am
Business & Finance Nissan to invest some $725mn in Renault’s EV unit, Yomiuri says TOKYO: Nissan Motor is likely to invest around 100 billion yen ($725 million) in Renault’s new electric vehicle... Published 14 Jul, 2023 11:01am
World Nissan installed camera to monitor No. 2’s home TOKYO: Nissan installed a camera surveillance system at the home of former executive Ashwani Gupta so the... Published 29 Jun, 2023 04:19am
Business & Finance Nissan full-year results beat estimates, forecast bullish TOKYO: Nissan said Thursday its full-year net profit slightly topped estimates and offered an upbeat forecast for ... Published 15 May, 2023 06:41am
Business & Finance S&P cuts Nissan credit rating to junk status TOKYO: Nissan Motor Co Ltd’s credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said... Published 07 Mar, 2023 03:11pm
Business & Finance Nissan, Renault plan India reboot with $600m investment in new models NEW DELHI/TOKYO: Nissan Motor Co and Renault SA will invest $600 million to make six new models in India, one of... Published 20 Feb, 2023 06:26am
Business & Finance Nissan to buy up to 15pc stake in Renault EV unit LONDON: Japanese car maker Nissan will buy a stake of up to 15% in Renault’s electric vehicle (EV) unit Ampere, ... Published 07 Feb, 2023 06:07am
Business & Finance Renault, Nissan boards approve ‘rebalanced’ alliance LONDON: The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their... Published 06 Feb, 2023 12:53pm
Business & Finance Renault group sales fall 5.9% in 2022, Europe order book at record levels PARIS: Renault group sales in 2022 fell by 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline... Published 18 Jan, 2023 01:05pm
Business & Finance Nissan directors endorse steps to reach deal with Renault TOKYO: A Nissan Motor Co board committee reviewed proposals from Renault SA on Monday and endorsed pressing ahead on... Published 17 Jan, 2023 11:23am
Business & Finance Renault and Nissan forgo Dec. 7 announcement of new deal TOKYO: Automakers Renault and Nissan are set to forgo an announcement on Dec. 7 of a new deal on their restructured... Published 03 Dec, 2022 10:10am
Business & Finance Nissan gets $1.44bn green loan for zero-emission mobility investments TOKYO: Japan’s Nissan Motor Co has signed a 200-billion-yen ($1.44 billion) green loan agreement to fund... Published 30 Nov, 2022 11:58am
Business & Finance Nissan hikes forecasts on weak yen despite falling unit sales TOKYO: Nissan on Wednesday upgraded its full-year profit forecasts, as the depreciating yen helps inflate its... Published 14 Nov, 2022 07:22am
Business & Finance Nissan hikes forecasts on weak yen despite falling unit sales TOKYO: Nissan on Wednesday upgraded its full-year profit forecasts, as the depreciating yen helps inflate its... Published 09 Nov, 2022 03:05pm
Business & Finance Renault CEO tours Korea unit run with Geely amid strategy reset Renault Chief Executive Luca De Meo toured a South Korean factory run with China’s Geely Automobile on Tuesday, as... Published 11 Oct, 2022 12:29pm
Business & Finance Nissan pushes partner Renault to sell down stake, may raise funds Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as... Published 10 Oct, 2022 11:21am
Business & Finance Nissan pushes partner Renault to sell down stake, may raise funds Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as... Published 09 Oct, 2022 11:03am
Business & Finance Nissan to cease producing cylinder heads for Renault from 2024 PARIS: Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in... Published 23 Aug, 2022 10:14pm
Business & Finance Nissan Q1 net profit hit by China lockdown, chip shortages TOKYO: Nissan said on Thursday that net profit sank nearly 60 percent in the three months to June as pressures... Published 28 Jul, 2022 01:15pm
Technology Britain’s electric car charge faces battery challenge BLYTH: Britain risks falling behind in the race to establish an electric car industry if it can’t build more battery... Published 31 May, 2022 12:46pm
Markets Oil rises on EU’s Russian oil ban effort, demand hopes LONDON: Oil hit its highest in seven weeks on Tuesday, supported by the European Union’s ongoing push for a ban on... Updated 17 May, 2022 01:43pm
Business & Finance Nissan reports first full-year net profit in three years TOKYO: Nissan reported a positive full-year net profit for the first time in three years on Thursday, citing... Published 16 May, 2022 05:42am
Business & Finance Nissan swings to Q4 profit, beats estimates TOKYO: Nissan Motor Co said on Thursday it swung to a profit in the fourth quarter, as cost cuts and a sliding yen... Published 12 May, 2022 12:21pm
Markets Nissan ending production of Datsun brand vehicles TOKYO: Japanese automaker Nissan is ending production of Datsun brand vehicles, less than a decade after reviving ... Published 25 Apr, 2022 05:40pm
Opinion Auto industry: the deletion programme The automotive industry in Pakistan is one of the fastest-growing industries in the country. It provides job... Published 12 Mar, 2022 04:08am
Business & Finance Six-month suspended sentence for Ghosn aide Kelly in Nissan trial TOKYO: Former Nissan executive Greg Kelly was handed a six-month suspended sentence on Thursday by a Tokyo court ... Published 03 Mar, 2022 10:00am