Nissan Motor Co and its China partner Dongfeng Group are in talks with Didi Chuxing to launch a joint venture to manage car fleets for Didi’s ride-hailing and car-sharing services, five people familiar with the discussions told Reuters.
French automaker Renault, its Japanese partner Nissan Motor Co and tech giant Alphabet’s Waymo are exploring a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday.
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 on Saturday.
France is ready to consider paring back its 15-percent stake in Renault in the interests of consolidating the automaker’s alliance with Japanese partner Nissan, Finance Minister Bruno Le Maire said Saturday.
Nissan Motor said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault pushed for a change in the Japanese automaker’s leadership. Saikawa’s re-appointment is likely to be seen as a rebuff to Renault,
Moody’s cut its rating on Nissan Motor Co by one notch on Friday, citing weak sales in the United States and casting a shadow on the Japanese automaker’s move to improve its business following a decline in its annual profit. Nissan - hit by former Chairman Carlos Ghosn’s arrest last year
The global plan includes the 4,800 job cuts announced in May and will mostly be at factories overseas with low utilisation rates, the person said. It will be announced along with financial results on Thursday
Nissan Motor said on Friday a report by the Nikkei that it would slash production this year was “completely incorrect” and that it had lodged a complaint with the business daily, in an unusually strong denial of a media report in Japan. The comment came after the Nikkei,
Nissan Motor on Tuesday threw cold water on hopes for a quick fix to strained relations with France’s Renault, saying inequality between the partners could unravel their two-decade-old automaking alliance.
Nissan Motor forecast a 28% drop in its annual operating profit, setting it up for the weakest earnings in 11 years and underscoring its struggle to turn the page after the ouster of former Chairman Carlos Ghosn. The lacklustre performance at Japan’s No.2 automaker, which has been hit hard by Ghosn’s arrest last year,