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Renault to buy out Nissan's 51 pc stake in Indian JV

The JV firm operates the alliance's Chennai-based production facility, which rolls out models for both Renault and Nissan brands.

Renault Group and Nissan have entered into a share purchase agreement to this effect.(Bloomberg)

business

Published on Mar 31, 2025 09:22 PM IST

PTI |

Honda-Nissan merger had ‘unacceptable’ terms, says Renault

Renault said the terms of the transaction, “including the fact that it did not include any premium, were unacceptable.”

business

Published on Feb 13, 2025 06:47 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Honda, Nissan and Mitsubishi end their merger talks: Report

However, the three automakers will continue to work together on electric vehicles and smart cars, such as autonomous driving

Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024.

business

Published on Feb 13, 2025 01:14 PM IST

AP |

Nissan may call off Honda merger talks: Report

If the Honda-Nissan merger had happened, the resulting company would have become the world's third-largest automaker.

Makoto Uchida, Director, Representative Executive Officer, President and CEO of Nissan Motor Corporation and Toshihiro Mibe, Director, President and Representative Executive Officer of Honda, attend a joint press conference on their merger talks, in Tokyo, Japan, December 23, 2024.(Kim Kyung-Hoon/Reuters)

business

Published on Feb 05, 2025 04:43 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Japan court upholds ex-Nissan director conviction over Carlos Ghosn pay: Report

Former Nissan Chairman and CEO Carlos Ghosn was arrested in November 2018 on accusations of underreporting his compensation.

This file picture taken on February 6, 2020 shows former Nissan executive Greg Kelly posing at his apartment in Tokyo.(Behrouz Mehri/AFP)

business

Updated on Feb 04, 2025 04:46 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Honda, Nissan to form single holding company, MoU to be signed soon: Reports

According to reports, the Japanese automakers are considering a merger to challenge comaptriot Toyota, Japan's largest carmaker.

FILE PHOTO: Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Mandatory credit Kyodo via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. MANDATORY CREDIT. JAPAN OUT. NO COMMERCIAL OR EDITORIAL SALES IN JAPAN/File Photo

business

Published on Dec 18, 2024 09:08 AM IST

ByHT News Desk, New Delhi

Mitsubishi Motors to join Honda-Nissan alliance as US, China market share falls

The United States and China accounted for half of Nissan, Japan's third largest automaker's global sales in the year to March

The emblem of Japanese automaker Mitsubishi Motor is seen at a showroom in Tokyo on May 9, 2024. (Yuichi YAMAZAKI / AFP)(AFP)

business

Published on Jul 28, 2024 07:50 PM IST

Reuters |

Nissan says it will make next-generation EV batteries by early 2029

Japan's legacy automakers have fallen behind newer rivals like America's Tesla and China's BYD in the emerging all-electric auto sector.

business

Published on Apr 16, 2024 01:26 PM IST

AP |

Japanese automaker announces support services to customers impacted by Cyclone

Nissan Motor India Pvt Ltd said it has set up a special helpdesk and contact call centre to assist the flood-affected customers.

car bike

Published on Dec 09, 2023 05:50 PM IST

PTI |

Nissan to build electric versions of Qashqai and Juke in UK plant

Nissan to invest over £1 billion in building two new electric models at Sunderland plant.

Britain's Prime Minister Boris Johnson visits the Nissan Motor Co. plant in Sunderland, Britain July 1, 2021. (REUTERS)

car bike

Published on Nov 23, 2023 09:52 AM IST

Reuters | | Posted by Singh Rahul Sunilkumar

Nissan Sakura, a ‘kei’ car, is Japan's top-selling EV of the year. Check details

With over 35,000 units sold this year, the car accounts for roughly half of all EV sales in the country.

A Nissan Motor Co. Sakura electric vehicle during a test driving event in Tokyo, Japan, on Monday, April 17, 2023. Photographer: Kiyoshi Ota/Bloomberg

car bike

Published on Oct 24, 2023 12:27 PM IST

Bloomberg |

Nissan unveils Magnite Kuro SUV in India. Check price, features & specifications

Magnite Kuro will be the black edition of one of the most affordable SUVs in the country.

Nissan Magnite Kuro is available in three top-spec variants including XV MT, Turbo XV MT and Turbo XV CVT

car bike

Published on Oct 08, 2023 12:51 PM IST

ByHT News Desk

Nissan to invest $663 million in Renault electric vehicle unit

Both Renault and Nissan are under pressure as competition from Tesla Inc. and Chinese EV makers intensifies

The Nissan Motor Co. plant in Yokohama, Japan.(Bloomberg file)

car bike

Published on Jul 26, 2023 12:36 PM IST

Bloomberg |

Nissan COO Ashwani Gupta resigns, ‘leadership clash’ suspected: Report

Gupta, who is from India, has held the position since December 2019, but has been embroiled in a ‘rivalry’ with CEO Makoto Uchida.

Ashwani Gupta, chief operating officer of Nissan Motor Co., during a Bloomberg Television interview at the Shanghai Auto Show in Shanghai, China, on Tuesday, April 18, 2023. (Photographer: Qilai Shen/Bloomberg)

car bike

Published on Jun 16, 2023 07:05 AM IST

AFP |

Nissan launches Magnite Geza Special Edition at ₹7.39 lakh. Check details

Customers can book the SUV by paying a token amount of ₹11,000.

car bike

Published on May 28, 2023 08:00 AM IST

ByHT News Desk, New Delhi

Nissan to unveil new variant of its Magnite SUV on May 26; bookings begin

Nissan opened the bookings for the car at a booking amount of ₹11,000. The car will be officially launched on May 26.

car bike

Published on May 20, 2023 01:58 PM IST

ByHT News Desk

How Japan is losing the global electric-vehicle race

Critics worry that this early stalling on EVs could cause the wheels to fall off the Japanese auto industry as a whole.

The Federation of Automobile Dealers Associations (FADA) has moved the Punjab and Haryana high court, challenging the electric vehicle (EV) policy 2022, introduced by the Chandigarh administration. (Shutterstock)

technology

Published on Apr 18, 2023 06:40 PM IST

The Economist

This ‘Make-in-India’ SUV from Nissan is proving game-changer

Nissan motor India registered a wholesale growth of over 20 per cent this year. Its Japan designed but India manufactured SUV is popular in domestic market.

File photo of Nissan Magnite SUV. ((HT Auto))

car bike

Updated on Apr 02, 2023 10:44 PM IST

ByHT News Desk

Nissan introduces new safety features in Magnite SUV. Details here

According to reports, the addition of new safety features has led to a hike of up to ₹20,500 to the car's ex-showroom price.

car bike

Updated on Feb 21, 2023 05:08 PM IST

ByHT News Desk, New Delhi

Nissan, Renault to pump in $600 million to make 6 new models in India

The two companies said in a statement that each would make three new models in India, all built on joint platforms - components and engineering that can be shared between designs.

The move will help address falling market shares for the Japanese and French companies in a market with rising global importance. (File)

car bike

Published on Feb 13, 2023 01:49 PM IST

Reuters | | Posted by Ritu Maria Johny

Want to buy a compact SUV? Get Nissan's Magnite at discount of ₹55,000

An exchange bonus, corporate discount, and free accessories make up the total discount.

car bike

Published on Dec 30, 2022 09:59 AM IST

ByHT News Desk, New De;lhi

Renault, Nissan postpone announcement of deal to restructure alliance

According to Japan News Network, the announcement has been put off as the two sides are yet to reach an agreement on how to share intellectual property. As per Reuters, the announcement was to be made on December 7.

The logos of car manufacturers Nissan and Renault are pictured at a dealership. (Reuters)

business

Published on Dec 03, 2022 12:12 PM IST

ByHT News Desk, New Delhi

Nissan removes GT-R from India website. Car to be discontinued?

According to reports, the Japanese auto giant has discontinued the car in the global market as well.

car bike

Published on Dec 01, 2022 11:17 AM IST

ByHT News Desk, New Delhi

Nissan-Renault in talks to optimise electric vehicles: Report

Negotiations between Renault and Nissan are ongoing with less than two weeks remaining to meet a Nov. 15 target the automakers had set to reach a deal, according to people with knowledge of the talks.

car bike

Published on Nov 04, 2022 12:37 PM IST

Reuters | | Posted by Aryan Prakash

Nissan unveils 3 new SUVs for India. Check features of X-Trail, Qashqai and Juke

However a launch date for the models is yet to be announced. At present, these are undergoing feasibility tests in the country.

Nissan Motor India Pvt Ltd MD Rakesh Srivastava with their India Operation President Frank Torres and Divisional Vice President for Marketing and Sales Operations Joni Paiva at the unveiling of the company's 'X-Trail', 'Qashqai' and 'Juke' SUVs, at Aerocity in New Delhi, Tuesday, Oct. 18, 2022. (PTI )

car bike

Updated on Oct 19, 2022 12:48 AM IST

ByHT News Desk, New Delhi

This SUV from Nissan is official car of Men's World T20. Check price, features

The Japanese manufacturer's Magnite has a starting price of ₹5.97 lakh (ex-showroom), with its premier variant priced at ₹10.79 lakh (ex-showroom).

car bike

Published on Oct 13, 2022 12:25 PM IST

ByHT News Desk, New Delhi

US father-son duo jailed for helping former Nissan boss Carlos Ghosn flee Japan

Michael Taylor and his son Peter, had made a tearful apology to the Tokyo court last month, regretting their role in smuggling Ghosn out of Japan hidden in a box aboard a private jet from the Kansai airport at the end of 2019.

Ghosn remains a fugitive in his childhood home of Lebanon, which doesn't have an extradition treaty with Japan.

world news

Published on Jul 19, 2021 11:38 AM IST

Reuters | | Posted by Sharangee Dutta, Hindustan Times, New Delhi

Explainer: Japan to try US men accused of helping Ghosn flee

Michael Taylor and his son Peter had been held in a suburban Boston jail since May.

Former Nissan Motor Co. Chairman Carlos Ghosn holds a press conference at the Maronite Christian Holy Spirit University of Kaslik.(File Photo / AP)

world news

Published on Mar 02, 2021 03:42 PM IST

AP | | Posted by Kunal Gaurav

Nissan to promote Japan-based contract workers to full-time

The hiring plan will “enable more efficient and effective business operations as well as improve individuals’ motivation and skills,” Azusa Momose, a spokeswoman for the company said.

A visitor wearing a face mask to protect against the coronavirus walks among vehicles from Nissan at the Beijing International Automotive Exhibition in Beijing. China.(AP/ File)

business

Published on Jan 18, 2021 05:34 PM IST

Bloomberg |

Life on the run is proving expensive for ex-Nissan chairman Carlos Ghosn

Carlos Ghosn’s fortune has shrunk by 40% since he was arrested more than a year ago at Tokyo.

Former Nissan chairman Carlos Ghosn gestures during a news conference at the Lebanese Press Syndicate in Beirut, Lebanon.(REUTERS)

business

Updated on Jan 10, 2020 08:48 AM IST

Bloomberg, London/Tokyo | ByTom Metcalf , Yuko Takeo

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Latest from nissan

The JV firm operates the alliance's Chennai-based production facility, which rolls out models for both Renault and Nissan brands.

Renault said the terms of the transaction, “including the fact that it did not include any premium, were unacceptable.”

However, the three automakers will continue to work together on electric vehicles and smart cars, such as autonomous driving

If the Honda-Nissan merger had happened, the resulting company would have become the world's third-largest automaker.

Former Nissan Chairman and CEO Carlos Ghosn was arrested in November 2018 on accusations of underreporting his compensation.

According to reports, the Japanese automakers are considering a merger to challenge comaptriot Toyota, Japan's largest carmaker.

The United States and China accounted for half of Nissan, Japan's third largest automaker's global sales in the year to March

Japan's legacy automakers have fallen behind newer rivals like America's Tesla and China's BYD in the emerging all-electric auto sector.

Nissan Motor India Pvt Ltd said it has set up a special helpdesk and contact call centre to assist the flood-affected customers.

Nissan to invest over £1 billion in building two new electric models at Sunderland plant.

With over 35,000 units sold this year, the car accounts for roughly half of all EV sales in the country.

Magnite Kuro will be the black edition of one of the most affordable SUVs in the country.

Both Renault and Nissan are under pressure as competition from Tesla Inc. and Chinese EV makers intensifies

Gupta, who is from India, has held the position since December 2019, but has been embroiled in a ‘rivalry’ with CEO Makoto Uchida.

Customers can book the SUV by paying a token amount of ₹11,000.

Nissan opened the bookings for the car at a booking amount of ₹11,000. The car will be officially launched on May 26.

Critics worry that this early stalling on EVs could cause the wheels to fall off the Japanese auto industry as a whole.

Nissan motor India registered a wholesale growth of over 20 per cent this year. Its Japan designed but India manufactured SUV is popular in domestic market.

According to reports, the addition of new safety features has led to a hike of up to ₹20,500 to the car's ex-showroom price.

The two companies said in a statement that each would make three new models in India, all built on joint platforms - components and engineering that can be shared between designs.

An exchange bonus, corporate discount, and free accessories make up the total discount.

According to Japan News Network, the announcement has been put off as the two sides are yet to reach an agreement on how to share intellectual property. As per Reuters, the announcement was to be made on December 7.

According to reports, the Japanese auto giant has discontinued the car in the global market as well.

Negotiations between Renault and Nissan are ongoing with less than two weeks remaining to meet a Nov. 15 target the automakers had set to reach a deal, according to people with knowledge of the talks.

However a launch date for the models is yet to be announced. At present, these are undergoing feasibility tests in the country.

The Japanese manufacturer's Magnite has a starting price of ₹5.97 lakh (ex-showroom), with its premier variant priced at ₹10.79 lakh (ex-showroom).

Michael Taylor and his son Peter, had made a tearful apology to the Tokyo court last month, regretting their role in smuggling Ghosn out of Japan hidden in a box aboard a private jet from the Kansai airport at the end of 2019.

Michael Taylor and his son Peter had been held in a suburban Boston jail since May.

The hiring plan will “enable more efficient and effective business operations as well as improve individuals’ motivation and skills,” Azusa Momose, a spokeswoman for the company said.

Carlos Ghosn’s fortune has shrunk by 40% since he was arrested more than a year ago at Tokyo.

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