Nissan is planning to discontinue its Datsun brand for the second time, a new report says.The automaker relaunched the nameplate in 2012 as a discount brand that’s today sold in only a few markets including South Africa, Indonesia and India, where it sells some models for as little as $4,000.An official announcement on Datsun’s fate is expected to be announced during Nissan’s earnings call on May 28.
Tag: Nissan
Nissan Said to Plan $2.8 Billion in Cost Cuts, Book Charges
Nissan Motor Co. is planning to cut about 300 billion yen ($2.8 billion) in annual fixed costs and book restructuring charges as the coronavirus pandemic further depresses the carmaker’s sales, a person with knowledge of the measures said.
Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su TOKYO (Reuters) – Nissan Motor Co (7201.T) plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales… Continue reading Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
Slovak e-mobility specialist Voltia partners with Nissan
The Bratislava-based company Voltia and global automaker Nissan have partnered to bring to the market an expanded Nissan electric pick-up truck optimised for urban last-mile delivery.Equipped with a 40kWh capacity traction battery and smart energy management technology, the e-NV200 XL Voltia reinforces Nissan’s commitment in leading the charge towards sustainable last-mile delivery.
Daimler India CV rejigs top management team
Karl-Alexander Seidel has been appointed as Head of Daimler Buses India. Daimler India Commercial Vehicles (DICV) today announced the appointment of two new top executives, Muthu Maruthachalam C and Karl-Alexander Seidel. Satyakam Arya, Managing Director & CEO, Daimler India Commercial Vehicles, said: “Muthu Maruthachalam C and Karl-Alexander Seidel are highly capable leaders with a wealth… Continue reading Daimler India CV rejigs top management team
Administrators brought in at car parts maker
Administrators have been brought in at a car parts maker as the coronavirus outbreak led to a drop in new cars being bought. Arlington Automotive Group employs about 600 people in sites in Coventry, Newton Aycliffe, Reading, Stourport, Birmingham and Manchester. Its Derby site has already started closing. The company supplies car makers such as… Continue reading Administrators brought in at car parts maker
COVID-19 impact on rental car companies also hurts automakers
CLOSE Hertz and other rental car companies are being hammered by a loss of business connected to COVID-19. That also hurts automakers. (Photo: David Goldman, AP) The rental car business is a mess because of COVID-19, and it’s putting an extra dose of pressure on the auto industry, which provides the vehicles. The coronavirus pandemic has… Continue reading COVID-19 impact on rental car companies also hurts automakers
Mazda Motor seeks $2.8 billion in loans to ride out pandemic: source
The logo of Mazda is pictured at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Andrew Cullen TOKYO (Reuters) – Mazda Motor Corp (7261.T) has sought loans totalling about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge… Continue reading Mazda Motor seeks $2.8 billion in loans to ride out pandemic: source
Renault suspends production in Normandy after a COVID-19 linked court order
FILE PHOTO: The logo of Renault is seen at the Renault automobile factory in Flins as the French carmaker ramps up car production with new security and health measures during the outbreak of the coronavirus disease (COVID-19) in France, May 6, 2020. REUTERS/Gonzalo Fuentes PARIS (Reuters) – Renault (RENA.PA) has suspended production at one of… Continue reading Renault suspends production in Normandy after a COVID-19 linked court order
Breakout time behind plexiglass: Renault factory restarts in France
FLINS-SUR-SEINE, France, May 6 (Reuters) – With temperature scanners on the door and tables partitioned by plexiglass shields in the breakout area, workers at one of Renault's French plants are adjusting to new routines as carmakers try to cope with the coronavirus crisis.
Like peers across Europe, Renault is gradually ramping up production after stoppages linked to the outbreak, as governments begin to ease some lockdown rules.
Inside the Flins factory northwest of Paris, where Renault makes its electric Zoe models and the Micra car for its partner Nissan, sanitary protocols now restrict even the way coffee breaks are held – in a glimpse of measures to expect in other industries as shutdowns are further lifted.
Most retailers are due to reopen in France from May 11, while factories turning out trains and luxury goods are starting up again too.
At Flins on Wednesday, workers wound their way through tents at the entrance, where thermal scanners took their temperature.
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