TOKYO (Reuters) – Nissan Motor Co (7201.T) is likely to pull out from a venture capital fund it runs with alliance partners Renault SA (RENA.PA) and Mitsubishi Motors, as part of the Japanese automaker’s drive to cut costs and conserve cash, two sources said. FILE PHOTO: The logos of car manufacturers Renault and Nissan are… Continue reading Exclusive: Nissan to pull out of venture fund with Renault in cost-cutting drive, sources say
Tag: Renault
Cars2 Huddersfield opens new refurbished Nissan dealership
Cars2 Huddersfield has opened a new Nissan dealership. The refurbishment of the Huddersfield site took just six weeks to be completed and for the first customers to be welcomed on site. The Nissan dealership on Leeds Road, Bradley, Huddersfield, is a first for dealer group Cars2, which already has showrooms in Barnsley, Bradford and Wakefield.… Continue reading Cars2 Huddersfield opens new refurbished Nissan dealership
Nidec conducts mass demotions to clear way for Nissan’s Seki
TOKYO — Japanese electric motor manufacturer Nidec has downgraded the positions of a slate of top-level executives in order to concentrate power in the hands of Jun Seki, the incoming president, the company said Friday. Seki, who briefly served as the third-ranking executive at Nissan Motor before jumping ship to Nidec, will answer only to Chairman and CEO Shigenobu Nagamori.… Continue reading Nidec conducts mass demotions to clear way for Nissan’s Seki
Hyundai kicks off production of new Creta at Chennai plant
The first made-in-India production-ready new Creta has rolled off the production line at Hyundai Motor India’s Sriperumbudur plant in Tamil Nadu, ahead of the midsize SUV’s official launch on March 17, 2020. Hyundai Motor India had upgraded the plant in preparation for the second-generation Creta’s production. Additions include a set of robots to assemble the roof… Continue reading Hyundai kicks off production of new Creta at Chennai plant
Honda’s China sales drop 85% in February amid coronavirus crisis
GUANGZHOU — Japanese automaker Honda announced on Friday its car sales in China fell 85.1% in February, marking its largest ever single-month decline as the coronavirus epidemic hit business hard. Many of Honda’s sales outlets in China were forced to close in early February due to the rapid spread of the coronavirus. As consumers have refrained… Continue reading Honda’s China sales drop 85% in February amid coronavirus crisis
Nissan presses ahead with £400m Qashqai plan for Sunderland
Nissan Japanese carmaker unveils £52m production press amid post-Brexit tariff warnings The production line at Nissan’s Sunderland factory. The third-generation Qashqai model is due to be delivered in 2021. Photograph: Owen Humphreys/PA Media Nissan is pushing ahead with its £400m plan to build its new Qashqai sports utility vehicle at its Sunderland factory, despite the… Continue reading Nissan presses ahead with £400m Qashqai plan for Sunderland
Nissan gives Sunderland plant £400m boost to build new Qashqai
Nissan has announced the latest stage of a £1 billion investment programme in its Sunderland production facility in preparation for building the next-generation Qashqai there. This is a £52 million press to stamp panels for the third-generation crossover, which is expected to launch early next year. It brings the total investment in production of the new Qashqai to… Continue reading Nissan gives Sunderland plant £400m boost to build new Qashqai
Nissan invests £400m in UK car plant despite Brexit warning
Japanese group prepares to build Qashqai model at Sunderland site despite EU tariff threat Go to Source
@Nissan: Nissan unveils new stamping line in Sunderland ahead of new Qashqai launch
2020/03/06 New Extra-Large Press unveiled in UK plant Part of £400m investment in facilities in preparation for new Qashqai New Juke production hits 35,000 as model celebrates 10th anniversary SUNDERLAND, UK – Nissan today unveiled a new £52m XL press line in its UK manufacturing plant, as preparations ramp up for the hotly-anticipated next generation… Continue reading @Nissan: Nissan unveils new stamping line in Sunderland ahead of new Qashqai launch
Mahindra-powered Ford EcoSport set for launch in early 2021
The Mahindra-powered version of the Ford EcoSport SUV is confirmed for launch in the first quarter of 2021. Mahindra & Mahindra and Ford Motor Co signed an agreement back in September 2017 to collaborate in areas like connected vehicle technology, electrification, and product development. One of the first products to come out of this collaboration… Continue reading Mahindra-powered Ford EcoSport set for launch in early 2021