Nissan Motor Co., Ltd.

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  • Fri, Jan. 8, 3:04 AM
    • Laying out more driverless goals, Renault (OTCPK:RNLSY) and Nissan (OTCPK:NSANY) have confirmed plans to launch 10 car models equipped with autonomous drive technology within five years.
    • CEO Carlos Ghosn laid out the following milestone schedule: The plan kicks off this year with "single-lane control" and expands into "multiple-lane control" by 2018. Owners will then have the technical freedom to go hands-off with "intersection autonomy" by 2020.
    | Fri, Jan. 8, 3:04 AM
  • Dec. 15, 2015, 3:53 AM
    • After settling a dispute with the French government over the balance of power in their car-making partnership, Renault (OTCPK:RNLSY) and Nissan (OTCPK:NSANY) will step up integration without moving toward a full merger.
    • "I don't think we're ready," alliance chief Carlos Ghosn told reporters. "Yeah, I know the markets want a merger. It's not only about the market. It's about the sustainability of what we're doing."
    | Dec. 15, 2015, 3:53 AM | 1 Comment
  • Nov. 9, 2015, 4:44 AM
    • Following a week of mounting tensions over the role of the state in automaker Renault, French Prime Minister Manuel Valls said Sunday he is opposed to a full merger of Renault (OTCPK:RNLSY) and Nissan (OTCPK:NSANY), but wants to "preserve the alliance."
    • The two companies have been in a tech and capital partnership since 1999, making it one of the most enduring tie-ups in the sector. Renault holds a 43.4% stake in Nissan, while one of its subsidiaries controls 15% of its French partner.
    • Renault shares -2.7% in France.
    • Previously: French government pushing for Renault-Nissan merger (Nov. 04 2015)
    | Nov. 9, 2015, 4:44 AM | 1 Comment
  • Nov. 8, 2015, 8:48 AM
    | Nov. 8, 2015, 8:48 AM | 2 Comments
  • Jul. 8, 2015, 7:07 AM
    • Nissan (OTCPK:NSANY) says an air bag made by Takata (OTCPK:TKTDY) installed in one of its vehicles caused a fire during a crash in Japan - marking the carmaker's first such case in the country.
    • After exploding, the inflator smashed the passenger-side window and sent high-temperature fragments into the dashboard.
    • So far, Nissan has recalled 4.4M cars equipped with Takata inflators (including the X-Trail SUV involved in the recent crash) across the globe.
    | Jul. 8, 2015, 7:07 AM
  • Feb. 16, 2015, 5:52 AM
    • Asian suppliers are resorting to costly air freight, as a labor dispute at U.S. West Coast ports disrupts supply chains across the Pacific.
    • With ports near gridlock, President Obama dispatched Labor Secretary Tom Perez to California on Saturday to try to broker an agreement between dockworkers and the group representing shippers and terminal operators.
    • Many automakers have been hit hard in the U.S. as car parts have been held up by the dispute. Honda (NYSE:HMC) has declared that it would slow production at several U.S. plants, Subaru (OTCPK:FUJHY) said it would continue flying parts in to its U.S. facilities, while Toyota (NYSE:TM) announced that it had reduced overtime at some factories. Nissan (OTCPK:NSANY) also stated that it is being affected.
    • A Shanghai index for U.S. West Coast freight rates rose 23 points last week to 2,265 and brokers said quotes had risen a further five points today.
    | Feb. 16, 2015, 5:52 AM | 5 Comments
  • Feb. 9, 2015, 4:17 AM
    • Nissan (OTCPK:NSANY) has raised its full-year net profit forecast by 3.7% as the yen’s slide against the dollar and strong demand in the U.S. offset weak sales in Japan.
    • Nissan's FQ3 net profit rose 20.8% from the same period a year ago to ¥101.8B, as the U.S. surpassed China to become the automaker’s largest market.
    • Nissan now expects ¥420B ($3.53B) in net profit for the fiscal year ending in March, up 8% from a year earlier.
    | Feb. 9, 2015, 4:17 AM
  • Dec. 11, 2014, 3:22 AM
    • Three Japanese automakers, Honda (NYSE:HMC), Nissan (OTCPK:NSANY) and Mitsubishi (OTCPK:MMTOF), will recall more than half a million cars globally to replace potentially deadly air bag inflators made by Takata (OTCPK:TKTDY).
    • The announcement brings the total tally of Takata-related recalls across all brands to around 20M since 2008.
    • A Honda spokeswoman added that the automaker will need to set aside more reserves as a result of the new move and the global expansion of a region-specific recall in the U.S. earlier this week.
    | Dec. 11, 2014, 3:22 AM
  • Nov. 18, 2014, 6:19 PM
    | Nov. 18, 2014, 6:19 PM | 6 Comments
  • Oct. 23, 2014, 6:37 AM
    • Nissan (OTCPK:NSANY) is recalling 260K vehicles globally due to the Takata airbag defect that could spray drivers and passengers with shrapnel.
    • The recall affects Nissan's March model, called Micra in Europe, and the Cube.
    | Oct. 23, 2014, 6:37 AM
  • Sep. 15, 2014, 5:17 AM
    • After setting out to be a leader in battery manufacturing, Nissan (OTCPK:NSANY) is preparing to cut production, reversing its previous stance toward electric car manufacturing.
    • The move would see Nissan following alliance partner Renault (OTC:RNSDF) by purchasing cheaper batteries from South Korea. Nissan currently makes all its own electric car batteries.
    • The financial hit for Nissan will depend on what else can be done with the plants, with hefty charges likely if facilities are closed.
    | Sep. 15, 2014, 5:17 AM
  • Sep. 4, 2014, 6:36 AM
    • Nissan (OTCPK:NSANY) is recalling 55K vehicles in Japan over a malfunction in the diesel engine starter motor. The harness in the motor could overheat and the engine may not start or is hard to start.
    • The automaker is also conducting a service campaign on 126K vehicles globally over a glitch in the rear drum brake.
    • No accidents have been reported for any of the issues.
    | Sep. 4, 2014, 6:36 AM
  • Aug. 10, 2014, 7:08 AM
    • Toyota (NYSE:TM), Honda (NYSE:HMC) and Nissan (OTCPK:NSANY) are the latest carmakers to slash prices on auto products and spare parts in China, following the continuing antitrust investigation into the Chinese auto parts industry.
    • This past month, only automakers BMW, Mercedes-Benz, Audi, Chrysler and Jaguar Land Rover cut their prices due to the Chinese National Development and Reform Commission's expanded investigation. However, it now looks as though the probe extends beyond foreign luxury auto brands.
    | Aug. 10, 2014, 7:08 AM
  • Jul. 27, 2014, 6:31 AM
    • Nissan (OTCPK:NSANY) is recalling more than 226K additional vehicles over the Takata (OTCPK:TKTDY) airbag defect which has plagued the global auto industry in recent months. The new announcement adds to the previous 665K cars Nissan took back in a prior recall.
    • "The company is not aware of any accidents or injuries related to the recall," says Brian Brockman, a Nissan representative.
    | Jul. 27, 2014, 6:31 AM
  • Jul. 17, 2014, 3:47 AM
    • Nissan (OTCPK:NSANY) is stepping up its automated driving offerings, and intends to deliver cars that park themselves and autonomously navigate congested highways by 2016. By 2018 the company expects to introduce cars that can change lanes automatically, ending in its 2020 finale of fully automatic vehicles.
    • "You need to be first with very significant features," says CEO Carlos Ghosn. "There’s always a premium with those who come first."
    | Jul. 17, 2014, 3:47 AM
  • Jun. 29, 2014, 10:12 AM
    • U.S. authorities are now investigating Nissan (NSANY), in the latest auto probe plaguing the industry. Complaints have surfaced that claim a trim panel in Versa models can trap a driver's shoe against the accelerator, leading to a breaking delay and unwanted acceleration.
    • Around 360k Versa's are currently being investigated due to the issue.
    | Jun. 29, 2014, 10:12 AM | 4 Comments
Company Description
Nissan Motor and its subsidiaries are engaged in the manufacture and sale of automobiles.
Country: Japan