Nissan Motor Co Ltd

Earnings data Q4 2020

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Nissan Motor Co., Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales Financing 6segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales Financing segment handles sales finance and leasing business to support the sales activity of automobile business. The company was founded on December 26, 1933 and is headquartered in Yokohama, Japan.

Tesla

Nissan on Wednesday became the first Japanese automaker to agree to adopt Tesla's electric-vehicle charging technology in the U.S. and Canada, joining global peers in expanding their fast-charger network to boost EV adoption.

Japan's Nissan to adopt Tesla EV-charging design from 2025 in U.S., Canada

NASHVILLE, Tenn.--(BUSINESS WIRE)--Nissan has reached an agreement with Tesla to adopt the North American Charging Standard (NACS) beginning in 2025, providing Nissan customers even more choices when it comes to charging their electric vehicle. Nissan is the first Japanese automaker to announce future product support for NACS. From 2024, Nissan will make available a NACS charging adapter for Ariya models which are currently equipped with the Combined Charging System 1 (CCS1) for DC fast chargin.

Nissan to Adopt North American Charging Standard (NACS) for Ariya and Future EV Models

Nissan Motor Co. is facing challenges in the Chinese market as consumers shift towards battery electric vehicles (BEVs), with the company's sales down nearly 25% year-on-year. Nissan's electric efforts are being delayed due to production challenges, while local Chinese car companies like BYD are flourishing. S&P Global recently lowered Nissan's credit rating to junk, citing among other things, concerns over the company's ability to secure a foothold in the rapidly growing global electric vehicle market.

Nissan: Struggling In China

Nissan and Renault will make an announcement in the coming days on their restructured alliance and have finalised the deal, people familiar with the matter said, capping 10 months of sometimes tense negotiations.

Nissan, Renault ready to announce new alliance deal in days-sources

Former Nissan Motor chairman Carlos Ghosn said on Tuesday the Japanese automaker and Renault are trying to go for "very small and reduced" cooperation between them with a deal to overhaul their long-standing alliance.

Ghosn says Nissan, Renault are going for mini alliance with rebalancing deal

Carmakers Nissan Motor Co and Renault have reached an agreement that Nissan will invest some 100 billion yen in Renault's EV unit Ampere, the Yomiuri Shimbun newspaper said on Friday.

Nissan, Renault agree that Nissan will invest some 100 bln yen in EV unit Ampere -Yomiuri

COO Ashwani Gupta resigned from the company earlier this month, with reports suggesting he had an internal conflict with CEO Makato Uchida.

Nissan Reportedly Spied On Former COO As CEO Searched For Leverage

Nissan installed a camera surveillance system at the home of former executive Ashwani Gupta so the automaker's internal security team could monitor him, according to the preliminary findings of an investigation into the surveillance, two people with knowledge of the report said.

Exclusive: Nissan installed camera to monitor No. 2's home, sources say

Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under a new management structure, the Japanese automaker said on Wednesday.

Nissan will not fill COO position left open by Gupta's departure

Carlos Ghosn talks about EVs, Elon Musk, and the state of the Renault-Nissan-Mitsubishi Alliance while discussing his lawsuit, arrest and the current drama at Nissan.

Exclusive: Carlos Ghosn On His $1.1 Billion Lawsuit And The “Strange Conflict” At Nissan

Carlos Ghosm, the former CEO of Nissan who sensationally escaped a Japanese prison after being accused of funneling money from French automaker Renault to fund his luxury lifestyle, joins "Forbes Newsroom" to discuss his new lawsuit against Nissan.

Carlos Ghosn Discusses Arrest, EVs, And $1B Lawsuit Against Nissan

Nissan Motor shareholders on Tuesday backed Chief Executive Makoto Uchida and other board nominees at its first annual general meeting since reaching a new deal with alliance partner Renault.

Nissan shareholders back board at first AGM since striking alliance deal

NASHVILLE, Tenn.--(BUSINESS WIRE)--For more than a decade, the all-electric LEAF has played a key role in shaping Nissan's vision for empowering EV mobility, offering innovative technology and accessible value. The 2024 Nissan LEAF is on sale now with a starting manufacturer's suggested retail price (MSRP)1 of $28,140. Nissan LEAF was recently refreshed for the 2023 model year with an updated exterior design and streamlined model lineup of LEAF S and LEAF SV PLUS, representing the most-requeste.

2024 Nissan LEAF Pricing Starts at $28,140

Nissan has launched an investigation into claims by a senior adviser that Chief Executive Makoto Uchida carried out surveillance of his deputy Ashwani Gupta, four people with direct knowledge of the matter said.

Exclusive: Nissan investigates claims CEO put deputy under surveillance

NASHVILLE, Tenn.--(BUSINESS WIRE)--Nissan Motor Acceptance Company (NMAC) has made a change to its leadership team with the appointment of Andre Medeiros, to vice president, NMAC Operations. Currently managing director, Nissan Renault Finance México, Medeiros has been with the company for 10 years, holding various positions across the Sales Finance organization in North America and Europe. He holds a bachelor's degree in Business Administration from Saint Louis University and an MBA from the Un.

Nissan Motor Acceptance Company Announces U.S. Leadership Change

NASHVILLE, Tenn.--(BUSINESS WIRE)--Supporting Nissan's continued focus on customer satisfaction and commitment to vehicle quality, the 2023 Nissan Murano and Nissan Maxima have both received honors in the 2023 J.D. Power U.S. Initial Quality StudySM (IQS). Murano won the midsize SUV segment for the fourth consecutive year, while Maxima was ranked best in the industry for initial quality. “We are delighted to be once again recognized by J.D. Power, an industry authority on vehicle quality and de.

Nissan Murano, Maxima score top awards in 2023 J.D. Power Initial Quality Study

Russian carmaker Avtovaz has completed the acquisition of RN Bank, a joint venture between Italian lender UniCredit and the Renault-Nissan-Mitsubishi Alliance, the company said on Wednesday.

Avtovaz completes deal to buy Renault-Nissan's Russian finance business

Former Nissan exec Carlos Ghosn filed a $1 billion lawsuit against Nissan and roughly a dozen unnamed individuals in Beirut after spending time in a Japanese prison.

Former Nissan chief Carlos Ghosn files $1B lawsuit against carmaker over Japan imprisonment

In December 2019, the Auto tycoon jumped bail in Japan in a daring escape by hiding in a box spirited aboard a private jet out of the country.

Carlos Ghosn sues Nissan, others for $1B over his imprisonment in Japan

BEIRUT (AP) — Auto tycoon Carlos Ghosn has filed a $1 billion lawsuit against Nissan and about a dozen individuals in Beirut over his imprisonment in Japan and what he says is misinformation spread against him, Lebanese officials said Tuesday.

Fugitive Carlos Ghosn files $1 billion lawsuit against Nissan

NASHVILLE, Tenn.--(BUSINESS WIRE)--Today the Nissan Foundation announced that for the first time it is awarding more than $1 million during its annual grant cycle. It is awarding $1.2 million to 39 nonprofits that share and celebrate diverse cultural perspectives, experiences and voices to communities across the country. The grant recipients are based in communities surrounding Nissan facilities in Southern California, Middle Tennessee, Central Mississippi, Dallas/Ft. Worth, Southeast Michigan,.

Nissan Foundation to award more than $1 million in grants to nonprofits promoting the value of cultural diversity

Carlos Ghosn filed $1 billion suit in Lebanon against Nissan , a judicial source told Reuters on Tuesday, adding that the court session will take place in Sept. 18.

Carlos Ghosn files $1 billion suit in Lebanon against Nissan -judicial source

Nissan Motor's Chief Operating Officer Ashwani Gupta will leave the Japanese automaker later this month to pursue other opportunities after helping to steer a turnaround plan aimed at streamlining operations, the company said on Friday.

Nissan operations chief Gupta, once seen as CEO candidate, to leave company

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