Nissan Motor Co., Ltd. ADR (NSANY) - OTCPK - Current
  • Yesterday, 1:18 PM
    • The Japanese government and the European Commission are working together to connect their global positioning systems in a coordinated effort to clear a path for autonomous vehicles.
    • By linking Japan's Quasi-Zenith Satellite System and EU's Galileo satellite network the margin of error of the combined system will be improved dramatically.
    • The development could be positive for Japanese automakers (OTCPK:NSANY, TM, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF) and suppliers such as Mitsubishi Electric (OTC:MIELF, OTCPK:MIELY), Hitachi (OTCPK:HTHIF) and NTT Data (OTC:NTTDF).
    | Yesterday, 1:18 PM
  • Thu, Jul. 21, 7:23 PM
    • The Obama administration will invest as much as $4.5B to build electric car charging stations, aiming to complete a U.S. network by 2020 to make “coast-to-coast, nationwide zero-emissions travel” a reality.
    • The government plan will release Energy Department loan guarantees to support a commercial scale roll-out of charging stations, with federal, state and local governments partnering with automakers such as Ford (NYSE:F), General Motors (NYSE:GM), Nissan (OTCPK:NSANF, OTCPK:NSANY) and Tesla (NASDAQ:TSLA).
    • Charging infrastructure has been a major obstacle to widespread adoption of electric cars, but Kelley Blue Book analyst Karl Brauer tells Bloomberg that longer battery ranges probably would do the most toward boosting electric car numbers.
    | Thu, Jul. 21, 7:23 PM | 322 Comments
  • Wed, Jul. 13, 3:23 PM
    • Nissan (OTCPK:NSANY) introduces a driving assistance feature called ProPilot that will handle some driving duties of its updated Serena minivan which is set to go sale in Japan next month.
    • The company is being careful to explain that ProPilot system doesn't make a vehicle self-driving or fully autonomous after reports of Tesla Autopilot accidents increased scrutiny on the issue.
    • ProPilot sends a warning if drivers take their hands off the steering wheel and will apply the brakes automatically if a car in front stops.
    • The larger goal from Nissan is to make its corporate visions of "Zero Emissions" and "Zero Fatalities" a reality.
    • Nissan press release
    | Wed, Jul. 13, 3:23 PM
  • Tue, Jul. 12, 12:14 PM
    • LMC Automotive revises its forecast on U.S. automobile sales for the period from 2016 to 2023.
    • The research firm cuts its estimate for 2016 to 17.4M units from 17.7M units, with the level of retail sales being adjusted to 14.3M units from 14.0M units.
    • "Our latest forecast now reflects the reality that the growth track that the US market has been on since 2009 has stalled and appears to be levelling off, but it does not necessarily signal that further contractions or an automotive recession is imminent," says LMC's Jeff Schuster.
    • The extended forecast is for a slow climb to an annual selling level of 18M in 2021.
    • LMC Automotive forecast (.pdf)
    | Tue, Jul. 12, 12:14 PM | 28 Comments
  • Fri, Jul. 8, 11:16 AM
    • A thoughtful piece in Scientific American take a look at the technological challenges in delivering automated driving services.
    • An electrical engineer at Carnegie-Mellon notes that the vision systems of today's automated test cars are imperfect by a "very good" margin. A mobility expert at the University of California concurs, while adding that drivers may be overestimating their car's automated capabilities due to the use of terms such as "autopilot" and "self-driving." A refined system of cameras, sensors, and radar is still believed by some engineers to be a few years off.
    • Alphabet's (GOOG, [[GOOGL]) top exec in charge of the company's self-driving initiative seemed to back the view of the scientists in his recent testimony to Congress. "We saw in our own testing that the human drivers can’t always be trusted to dip in and out of the task of driving when the car is encouraging them to sit back and relax," he stated.
    | Fri, Jul. 8, 11:16 AM | 239 Comments
  • Wed, Jul. 6, 9:28 AM
    • It's another shocking breach of trust in the automobile sector after PSA Group (OTCPK:PEUGF, OTC:PUGOF, OTC:PUGOF) confirms that advertised fuel economy ratings on Peugeot and Citroen models don't match up with reality (off by 44% on average). Bloomberg reports that it's the first time a major automaker has confirmed a discrepancy between lab results and actual road tests across a broad range of cars.
    • Official PSA lab results
    • Recent failures in the automobile industry include inflated mileage claims from the South Korean automakers, the Takata disaster which deeply impacted Japanese cars, GM's costly ignition switch recall, and the topper in terms of subterfuge - Volkswagen's emissions cheating saga.
    • Some automobile industry analysts have suggested that buyers are scandal-weary and are unlikely to factor in the reputation hits in their buying decisions.
    | Wed, Jul. 6, 9:28 AM | 75 Comments
  • Tue, Jul. 5, 3:58 AM
    • Although their growth is set to slow, Renault's (OTCPK:RNLSY) carmaking alliance with Nissan (OTCPK:NSANY) achieved record savings of €4.3B last year.
    • Renault-Nissan SVP Arnaud Deboeuf also told reporters it was too early to assess Brexit effects on Nissan's operations in the country.
    • Since its creation in 1999, the Franco-Japanese alliance has combined some vehicle architectures, manufacturing assets and corporate functions.
    | Tue, Jul. 5, 3:58 AM
  • Fri, Jul. 1, 6:11 PM
    | Fri, Jul. 1, 6:11 PM | 34 Comments
  • Fri, Jul. 1, 11:00 AM
    • Nissan (OTCPK:NSANY +0.9%) U.S. unit sales for June were up 13.1% to 140,553 vehicles -- a June record, and ahead of industry estimates for a 7.2% gain. The month benefited from an extra selling day compared to the prior year.
    • Crossovers, trucks and SUVs were up 14% and set a June record. The Rogue crossover set a record with 29,246 (up 26%).
    • Car sales rose 9% to 78,013; Trucks were up 18.7% to 62,540.
    • By brand: Nissan +13.4% to 129,495 units. Infiniti +10.7% to 11,058 units.
    • YTD sales companywide were up 8.4% to 798,114 vehicles (cars up 4.8%, trucks up 13.2%).
    | Fri, Jul. 1, 11:00 AM
  • Wed, Jun. 22, 7:00 AM
    • Nissan (OTCPK:NSANY) discloses that CEO Carlos Ghosn earned ¥1.1B ($10.2M) last year, a bump of 3.5% from the prior year.
    • Ghosn also draws a salary from Renault in his dual role as the French automaker as well.
    • Nissan held its annual meeting in Yokohama today.
    | Wed, Jun. 22, 7:00 AM
  • Wed, Jun. 22, 3:41 AM
    • Mitsubishi Motors (OTC:MMTOY) is predicting a net loss of ¥145B ($1.4B) for 2016 as it faces hefty compensation costs and falling sales in the wake of a mileage-cheating scandal.
    • The forecast would mark the company's first loss in eight years after admitting in April to overstating the fuel economy on four of its minivehicles, including two models it produced for Nissan (OTCPK:NSANY).
    | Wed, Jun. 22, 3:41 AM
  • Mon, Jun. 20, 10:31 AM
    • Automaker stocks are taking news of increased support for the U.K. staying in the EU extremely well. The sector is considered sensitive to F/X disruptions due to the large footprint of the major manufacturers.
    • This year has seen strong demand in Europe and better-than-anticipated volume numbers from China support aggressive plans for capacity in the industry and far-reaching R&D initiatives. Despite some bottom-line improvement, Detroit automaker Ford (F +2%) and General Motors (GM +2.2%) still trail the S&P 500 Index for the year and trade with single-digit PE ratios.
    • Gainers today include Fiat Chrysler Automobiles (FCAU +5%), BMW (OTCPK:BAMXY) +5.1%, Daimler (OTCPK:DDAIF) +3.9%, Toyota (TM +3.6%), Tata Motors (TTM +3%), and Nissan (OTCPK:NSANY +3.2%).
    | Mon, Jun. 20, 10:31 AM | 43 Comments
  • Thu, Jun. 16, 8:01 AM
    • Nissan (OTCPK:NSANY) car registrations +2.0% to 45,009 units in May, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +16% Y/Y to 1,288,220 units in May, led by +20% gains in Italy, France, and Spain. Registrations were up 12% in Germany and 3% in the U.K.
    • Nissan market share: 3.4% vs. 3.8% a year ago.
    • Nissan YTD registrations -1.0%.
    • EAMA release (.pdf)
    | Thu, Jun. 16, 8:01 AM
  • Tue, Jun. 14, 8:16 AM
    • Nissan (OTCPK:NSANY) says it's working on developing ethanol-based fuel cell technology that would be cheaper than hydrogen and safer. The so-called e-Bio Fuel Cell system will be fueled by renewable crops such as sugarcane or corn that are widely available in the Americas and Asia.
    • The automaker aims to complete the platform in time to commercialize it by 2020.
    • Nissan on the e-Bio Fuel Cell platform: "Unlike conventional systems, e-Bio Fuel-Cell features SOFC as its power source, affording greater power efficiency to give the vehicle cruising ranges similar to gasoline-powered cars (more than 600km). In addition, the e-Bio Fuel-Cell car’s distinct electric-drive features—including silent drive, linear start-up and brisk acceleration—allow users to enjoy the joys and comfort of a pure electric vehicle (NYSE:EV)."
    • Automakers developing hydrogen fuel cells cars include Toyota (NYSE:TM), Honda (NYSE:HMC), and Hyundai (OTC:HYMLF).
    | Tue, Jun. 14, 8:16 AM | 4 Comments
  • Wed, Jun. 1, 11:36 AM
    • Nissan (OTCPK:NSANY) unit sales -1.0% to 133,496 units vs. +0.2% forecast by Kelley Blue Book.
    • Truck sales increased 6.0% Y/Y to 60,887 units. Car sales fell 6.1% to 72,609 units.
    • Sales growth by brand: Nissan -1.3% to 122,668; Infiniti +3.4% to 10,828 units.
    • YTD Nissan sales +7.4% to 657,561 units.
    | Wed, Jun. 1, 11:36 AM
  • Wed, Jun. 1, 11:36 AM
    • Nissan (OTCPK:NSANY) unit sales -1.0% to 133,496 units vs. +0.2% forecast by Kelley Blue Book.
    • Truck sales increased 6.0% Y/Y to 60,887 units. Car sales fell 6.1% to 72,609 units.
    • Sales growth by brand: Nissan -1.3% to 122,668; Infiniti +3.4% to 10,828 units.
    • YTD Nissan sales +7.4% to 657,561 units.
    | Wed, Jun. 1, 11:36 AM
Company Description
Nissan Motor and its subsidiaries are engaged in the manufacture and sale of automobiles.
Industry: Auto Manufacturers - Major
Country: Japan