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Nissan was founded just before World War I, and is one of the largest carmakers in the world. In 1999, it entered an alliance with French carmaker Renault, which owns 43.4 per cent of Nissan, which owns 15 per cent of Renault. Its models include the high-performance GTR.
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It remains unclear whether the alleged financial transgressions of the former Nissan boss are corporate governance issues or the business of criminal prosecutors. But a fair trial was never guaranteed
- The Shenzhen-based carmaker has cut prices on more than 100 existing models compared with December, and relaunched a further 70 model trims with lower prices
- The all-out price cuts are aimed at persuading drivers to ditch their petrol cars and go electric, while also seeking to win customers in smaller cities
Global sales rose 12 per cent from a year earlier to 986,262 units, the most ever for the month of November. That included a 17 per cent increase in China to, while production there rose 14 per cent.
The Japanese carmaker is considering exporting its line-up of conventional and planned pure electric and plug-in hybrid cars manufactured and developed in China.
Japanese carmakers will display EV concepts to send the message they are willing and able to make battery-powered car sightings more common on the country’s roads in the years to come.
While wiping out Russia’s biggest source of used cars, the sanctions have driven down prices in Japan and left brokers scrambling to send vehicles to Southeast Asia, New Zealand and elsewhere.
BYD, China’s biggest EV maker, has launched its Dolphin compact hatch in Japan, where imported cars account for a small slice of the market. The base model is priced at US$24,560.
Japanese carmaker Nissan Motors plans to roll out new electric vehicle models into the Hong Kong market and to boost sales by targeting the city’s tech-savvy drivers with new technologies and battery technologies.
Nissan Motor has finalised plans to invest in Renault’s electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.
Battery power took center stage, with makers jostling to show off their electrification credentials.
Chinese carmakers will continue to offer discounts well into the second half of the year as the debilitating price war shows no signs of slowing down in the world’s top market, industry insiders said at the Shanghai Auto Show.
It came as Asian equities extended declines on Tuesday, led by weakness in financial stocks as investors tried to gauge the fallout from the collapse of SVB and fellow US lender Signature Bank.
The Toyota Prius hybrid and all-electric Nissan Leaf had early-mover advantage, so why is no Japanese company among the top 20 makers of electric vehicles now?
Three years after the coronavirus pandemic triggered a global shortage of semiconductor chips and crippled car manufacturing, Ford, GM and others are raking in huge profits.
Geely Automobile has been talking to Renault about potentially buying a controlling stake in the combustion-engine business that Renault is looking to spin off, according to people familiar with the matter.
Plan offered by seven dealers of 17 car brands, such as BMW and Toyota, is likely to be approved by Competition Commission.
Tesla’s crash rate per 1,000 vehicles is substantially higher than data from other carmakers given to the Associated Press.
The disgraced car tycoon has been living in Lebanon since he fled Japan in 2019, where he was facing trial for financial misconduct.
A Tokyo court sentenced the former Ghosn aide to a six-month sentence in prison suspended for three years.
The 65-year-old American, arrested in Japan in 2018, is awaiting verdict in a case in which he is accused of helping his former boss under-report his income.
British scientist Zi-qiang Zhu says Chinese companies are producing less valuable innovations on permanent magnet motors, an important component of electric cars, despite Beijing’s push to become a technological leader.
The former CEO turned international fugitive says he is done with corporate life but is still keeping a close eye on the world of business as he fights legal battles and releases his memoir to clear his name and ‘re-establish’ his legacy.
Strict government mandates to combat climate change are driving demand in Europe and China, where automakers and consumers face rising financial penalties for selling and buying traditional petrol and diesel-fuelled cars.
The men face up to three years in prison if convicted of helping Ghosn, who is currently an international fugitive living in Lebanon.
Michael and Peter Taylor were formally charged with helping a criminal escape after they hid Ghosn in a large box and flew him from Osaka to Istanbul in 2019.
Michael Taylor and son Peter Taylor, who are accused of helping the ex-Nissan boss flee Japan in a box, have lost a months-long battle to stay in the US.
The former Nissan boss was smuggled in a musical instrument case from Japan to Lebanon via Turkey, but the pilots said they did not know he was on board.
A judge ruled Michael Taylor and his son Peter can be extradited to Japan for their role in helping the former Nissan boss escape prosecution in Tokyo.
Toyota, Subaru and Nissan are all using smart technology and even AI to make cars more user-friendly and safer.
Lockdowns and travel restrictions are prompting housebound shoppers to snap up more phones, game consoles, smart TVs and laptops, which in turn has fuelled demand for the chips used in those devices.
