Nissan Motor, one of Japan’s leading automakers, announced on Sunday that it would sell electric vehicles (EVs) developed in China to global markets, as part of its strategy to leverage the country’s resources and expertise in electrification. The company also revealed that it had signed a deal with Tsinghua University, China’s top-ranked academic institution, to…
Renault Group, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, the members of one of the world’s leading automotive alliances, today announced common projects and actions to accelerate and to shape their shared future towards 2030, focusing on the mobility value chain. A year and a half after announcing its new cooperation business model to support member-company…
YOKOHAMA: For the 2019 full fiscal year, Nissan Motor Company has reduced its global vehicle sales forecast by 5.4% from the initial to 5.24 million units. Nissan is progressing steadily towards its business transformation and profit recovery. However, operating profit for the first half is behind the original plan. In addition, the yen has strengthened…
YOKOHAMA, JAPAN: Nissan Motor Co., Ltd. announced financial results for the three-month period ending June 30, 2019. In the first quarter of the fiscal year, Nissan generated an operating profit of 1.6 billion yen on net revenues of 2.37 trillion yen, equivalent to an operating margin of 0.1%. First quarter net income1 fell by 94.5%…