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.

Nissan's profits are still plummeting, and the company is now bracing for more pain as the novel coronavirus outbreak threatens to wreak havoc on the global auto industry.

The automaker's profits plunge 83%, and the coronavirus also threatens its turnaround plans

Nissan Motor Co  on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.

Nissan slashes full-year profit forecast, hit by sales slump

Nissan Motor Co Ltd (OTC: NSANY) has filed a civil lawsuit against its former chairman Carlos Ghosn demanding JPY 10 billion ($91.02 million) in damages.

Nissan Demands $90M In Damages From Former Chairman Carlos Ghosn

Nissan Motor Co could be heading for its first quarterly loss in more than a decade, three company sources said on Wednesday, as news emerged the Japanese carmaker is seeking $91 million in damages from ousted former boss Carlos Ghosn.

Nissan sues Ghosn for damages, risks plunging to loss

Nissan Motor Co  may report its first quarterly loss in more than a decade on Thursday because of slumping sales, sources familiar with the company said, adding more pressure on efforts to rebuild the company after Carlos Ghosn's ouster.

Nissan may report first quarterly loss since March 2009: sources

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Several automakers are reopening or preparing to restart factories in China on Monday after an extended holiday shutdown due to the coronavirus, which is now responsible for more than 900 deaths in the country.

Automakers resume or prepare to restart car production in China amid coronavirus outbreak

Nissan Motor Co  will temporarily halt production at its plant in Kyushu, southwestern Japan, due to the coronavirus, the Japanese automaker said on Monday, as the outbreak starts to strain the global supply chain.

Nissan to halt production at Japan factory due to coronavirus

Japanese carmaker Nissan  said on Friday its sales in China, the world's biggest auto market, fell by 11.8% in January year-on-year, as the Lunar New Year holiday began earlier than usual and the outbreak of coronavirus stymied economic activity.

Nissan's China sales fell 12% in January as coronavirus epidemic weighs

Nissan has set a new UK record for the longest journey undertaken on public roads by an autonomous car.

A Nissan Car Just Drove Itself 230 Miles, Setting A New UK Record

The alliance between France's Renault SA  and Japan's Nissan Motor Co  remains strong, but its members share a sense of urgency, the alliance's chairman, Jean-Dominique Senard, said on Thursday.

Renault-Nissan alliance is strong but shares sense of urgency: Senard

Japanese carmaker Nissan Motor Co  said on Wednesday it planned to sell about 1.6 million vehicles in China, the world’s biggest auto market.

Nissan says it plans to sell 1.6 million cars in China this year

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Panic surrounding the contagious coronavirus triggers automakers and suppliers to limit business travels in and out of China.

Will Global Automakers Feel the Heat of Coronavirus Crisis?

Renault's  engineering boss will meet his counterpart at Nissan  in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair.

Renault, Nissan chief engineers to meet, revive R&D projects: sources

Nissan (NSANY) recalls 346,000 vehicles across the globe to replace dangerous Takata airbag inflators that can explode and hurl shrapnel.

Nissan (NSANY) Recalls 346K Vehicles Over Takata Airbag Defect

Nissan is dismissing reports that it is engineering a corporate divorce from Renault.

Nissan says it's not splitting up with Renault

The alliance between the French carmaker Renault  and its Japanese partner Nissan Motor is "solid, robust, everything but dead," the chairman of Renault, Jean-Philippe Senard, told Belgian newspaper L'Echo.

Renault chairman says alliance with Nissan 'robust': L'Echo

Renault  shares hit six-year lows on Monday after a media report that Nissan has accelerated secret contingency planning for a potential split from the French carmaker, the latest sign that the downfall of former boss Carlos Ghosn is roiling the 20-year alliance.

Renault shares fall on fresh worries about potential break with Nissan

Renault faces an isolated and precarious future as its alliance with Nissan stumbles. There is only one sensible route which might guarantee success and that requires France to give up or at least slash its stake in Renault, which in turn must concede more power to Nissan.

France Must Make Nissan Concessions, Or Renault Faces Existential Threat

Nissan Marketing Manager Rob Warren tells why the brand pulled out all the stops to send the all-new 2020 Sentra compact sedan upscale.

Sentra Latest Salvo In Nissan’s Quest For Sedan Domination, Marketing Manager Warren Says

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Though auto sales dipped 1.3% in 2019, automakers hit the 17 million sales mark for the fifth straight year, buoyed by cheap credit, low unemployment and healthy consumer sentiment.

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According to estimates by LMC Automotive and J.D. Power, U.S.

U.S. 2019 Auto Sales Hit 17-Million Mark But Decline Y/Y

Nissan Motor Co has strengthened a taskforce of senior officials ahead of an expected onslaught of criticism from former chairman Carlos Ghosn following his dramatic escape from house arrest in Japan, three sources familiar with the matter told Reuters.

Nissan bolsters taskforce to prepare for Ghosn broadsides: sources

Nissan Motor  said on Tuesday that ousted former Chairman Carlos Ghosn's flight from Japan would not affect its policy of holding him responsible for "serious misconduct."

Nissan says it will continue to pursue legal action against Ghosn

The alliance between three automakers created by Carlos Ghosn, the former auto industry bigwig who just fled Japan in advance of a scheduled trial, had a rough year after his arrest at the end of 2018.

Auto alliance between Renault, Nissan and Mitsubishi has struggled since Ghosn's arrest

Amid dwindling vehicle sales and rising costs due to electric overhaul, car companies are slashing workforce at the fastest pace since the Great Recession of 2008.

News for Nissan Motor Co Ltd Stock (NSANY)