Nissan Motor said on Friday it would abandon a plan to build a $1.1 billion factory for electric vehicle batteries on Japan's southwestern island of Kyushu, marking the latest change of plans for the troubled automaker.
PRESCOTT, Ariz.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Lamb Auto Sales in the sale of its Chevrolet Cadillac and Nissan dealerships in Prescott, Arizona to Casa Auto Group. Marking its entry into the Arizona market, Casa Auto Group, founded by the Lowenfield family, operates 12 dealerships ac...
I remain a bull on Renault SA; its risk-reward is attractive, with solid upside potential and modest downside risks. Renault's recent agreement with Nissan suggests that there are opportunities for a cash windfall from stake reduction and further expansion in the Indian market. Renault's downside is mitigated by its diverse geographical mix and strong revenue visibility.
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Patrick Dennis is a good listener. In fact, he has built a career on his ears. Countless hours of listening to music in cars, homes and concert halls have enabled him to precisely tune automotive speakers. Dennis has spent nearly 20 years at Nissan Technical Center North America, helping shape the sound of Nissan vehicles across the lineup. He also lend...
Nissan Motor will end vehicle production at its Wuhan plant in China during the current business year which ends March 31, 2026, the Yomiuri newspaper reported citing sources it did not identify.
Nissan saw its shares rise almost 2% on Friday after it flagged a record loss due to a massive reduction in the value of its assets and hefty restructuring fees - costs that appeared aimed at clearing the decks for a badly needed turnaround.
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