Nissan targets 1 million car sales growth over next three years
Nissan Motor unveiled plan to launch 30 new models by March 2027, targeting 1 million increase in global sales. Nissan is focussing on cost-cutting for profitability, aiming for 6% operating profit margin and 30% shareholder returns. Key Points
Economic TimesNissan considering partnership with Honda on EVs - sources
Nissan explores Honda partnership on EV parts and kei cars , sharing architecture with Renault. Investment in Renault's Ampere. Renault forges new alliances with companies like Geely. Key Points
Economic TimesNissan operations chief Ashwani Gupta to leave board, company says
Nissan Gupta joined Nissan's leadership team in late 2019, when Japan's No.3 automaker was looking to put an end to a period of turmoil triggered by the arrest and sacking of long-time leader Carlos Ghosn. Allies of Gupta pressed the board in 2020 to promote him to the role of co-CEO, hoping he would drive the company's turnaround and improve its relationship with long-term alliance partner Renault SA, but the promotion did not materialise. Key Points
Economic Times3 Upcoming Nissan cars to launch. Here’s to what to expect
Among Nissan's plans are four new SUVs, which include the X-Trail, two India-specific models based on the new-gen Renault Duster, and a Triber-based MPV. Here are the key details we know so far about the upcoming Nissan 7-seater cars. Key Points
mintNissan’s full-year profit up 52% on 377.1 billion yen
Nissan has registered a strong profit growth of 52% at 377.1 billion yen in FY22, despite supply chain constraints. Key Points
Financialexpress
Japan’s Newfound Love of M&A Makes for Strange Bedfellows
From Nissan to Seven & i, Japan’s landscape for deals is making for some once-unthinkable alliances. But not every deal should be welcomed. Key Points
mintRenault's Indian models to have high local content: Top executive
We have come a long way. If we go back to the history of Renault Nissan -- the Pulse, Scala or Fluence were failures, I admit it. They didn't perform as their (minor) differentiation did bother them. For instance, the (Nissan) Terrano didn't perform as well as the (Renault) Duster, Renault India managing director and CEO Venkatram Mamillapalle told ET. Key Points
Economic TimesNissan plans addresses ‘Taxi Driver Shortage’ in Japan with autonomous ride-share program: All details
Nissan plans to launch an autonomous ride-share service in Japan within three years, addressing a taxi driver shortage. Safety discussions with the government will guide a gradual rollout. The move responds to challenges arising from an aging population and transportation gaps in suburban areas. Key Points
mintTop executive Ashwani Gupta quits Nissan in new leadership turmoil
Gupta was part of an executive troika announced in October 2019, as the company struggled to regain its footing following the arrest of former chief Carlos Ghosn. As chief operating officer, the Indian national quickly became one of the firm's primary public faces, looming large at quarterly earnings press conferences, and was tipped as a potential future CEO. Key Points
Economic TimesAmidst death threats, bollywood actor Salman Khan buys bulletproof Nissan Patrol SUV. Details inside
Nissan Patrol SUV is one of the most expensive cars in the world and does not retail in India yet. It has been specially imported by Khan. Key Points
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Dr Andy Palmer joins UK EV battery start-up Ionetic as Chairman
Dr. Palmer oversaw the development and introduction of the world’s first mass-market EVs, the Nissan LEAF and Nissan e-NV200, before leading the launch of 4 core models and 9 derivative vehicles at Aston Martin Lagonda. Key Points
FinancialexpressGovt identifies high fleet emission levels in major car makers; stiff penalties recommended
The Indian government has identified elevated fleet emission levels in leading car manufacturers, including Hyundai, Kia, Honda Cars, Renault, Skoda Auto, Volkswagen India, and Nissan, exceeding prescribed standards. The Bureau of Energy Efficiency (BEE) is recommending hefty penalties for violations, urging carmakers to shift toward greener and less-polluting vehicles. Key Points
Economic Times