Carlos Ghosn has revived two troubled automakers and he’s in the midst of doing so with a third. Now, he’s poised to undertake what might well be his final act: A full merger of Renault SA and Nissan Motor Co. after almost two decades of cooperation under a complex cross-shareholding alliance. Carlos Ghosn Photographer: Christophe… Continue reading Carlos Ghosn Wants a Full-Fledged Renault-Nissan Union
Tag: Mitsubishi
Nissan and Renault in merger talks, says report
Industry by Sam Sheehan, Autocar UK Mar 29, 2018 Renault and Nissan already share platforms and technology in their cars Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016,… Continue reading Nissan and Renault in merger talks, says report
Nissan and Renault could merge to form one company, says report
Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016, helping the trio to overtake the Volkswagen Group as the largest car company in the world. But… Continue reading Nissan and Renault could merge to form one company, says report
Renault shares jump after Nissan merger report
Shares in French car maker Renault have jumped 5.4% at the opening of trading after a report that it is in merger talks with Japanese car giant Nissan. Bloomberg reported that the companies are discussing becoming one entity with a single stock. The companies have been in a strategic alliance since 1999. Asked about the… Continue reading Renault shares jump after Nissan merger report
Nissan production, sales and export results for February 2018
YOKOHAMA, Japan (March 29, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for February 2018. 1. Production Nissan’s global production in February declined from a year earlier. Production in Japan declined from a year earlier. Production outside Japan declined from a year earlier. 2. Sales Global sales in February declined… Continue reading Nissan production, sales and export results for February 2018
Nissan to begin Datsun production in Pakistan
Agreement will create more than 1,800 jobs; partner will invest 4.5 billion PKR over 4 years KARACHI, Pakistan (March 28, 2018) – Nissan Motor Co., Ltd. is entering the Pakistan market through a manufacturing and licensing agreement with automotive partner Ghandhara Nissan Ltd. for local production of Datsun models. The agreement also covers distribution, providing… Continue reading Nissan to begin Datsun production in Pakistan
PSA continues to import petrol engines from China
builders By Christophe Jaussaud, the 28/03/2018 In 2017, PSA has already imported 53,000 Pure Tech Turbo engines from China to Europe. DPCA, PSA’s JV in China, announces that it will export 90,000 Pure Tech 1.2 Turbo engines to Europe during the first half of the year. Meanwhile Opel plants in Tychy (Poland) and Szentgotthard (Hungary)… Continue reading PSA continues to import petrol engines from China
PSA could leave the capital of Gefco
Services By Christophe Jaussaud, the 27/03/2018 PSA still owns 25% of the capital of its former subsidiary. After selling 75% of Gefco in 2012, PSA thinks today to separate from the 25% it still has. Capital movements continue in logistics. Indeed, after the CAT had bought STVAit would be Gefco’s turn again to see its… Continue reading PSA could leave the capital of Gefco
Nissan: Nissan announces executive management changes
Gianluca de Ficchy is appointed senior vice president and chairman of the management committee for Nissan in Europe YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced the following executive appointment effective April 1, 2018. Gianluca de Ficchy, CEO of RCI Bank and Services, is appointed senior vice president and chairman of the management committee for… Continue reading Nissan: Nissan announces executive management changes
Nissan aims to sell 1 million electrified vehicles a year by FY2022
Nissan aims to sell 1 million electrified vehicles a year by FY2022 Nissan M.O.V.E to 2022 midterm plan targets technology evolution with electric vehicle leadership, autonomous driving expansion and the delivery of mobility services YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled plans to launch growing numbers of electrified vehicles, expand and evolve… Continue reading Nissan aims to sell 1 million electrified vehicles a year by FY2022