Nissan board meets Tuesday to discuss whether to replace CEO Uchida YOKOHAMA: Nissan’s board of directors will meet on Tuesday to discuss potential successors to CEO Makoto Uchida, who... Published 11 Mar, 2025 10:49am
Business & Finance Fitch cuts Nissan rating to junk status, following Moody’s downgrade TOKYO: Fitch Ratings said on Wednesday it has downgraded Nissan Motor’s rating to junk-status BB+ from BBB-,... Published 26 Feb, 2025 05:20pm
Business & Finance Moody’s cuts Nissan rating to junk status, keeps negative outlook TOKYO: Moody’s Ratings said on Friday it has downgraded its rating of Nissan Motor’s credit by one notch to junk... Published 21 Feb, 2025 10:57am
Business & Finance Nissan and Honda ditch $60 billion merger talks and face new uncertainty YOKOHAMA: Nissan and Honda ended merger talks to forge a $60 billion carmaker on Thursday, pitching Nissan deeper... Published 13 Feb, 2025 06:33pm
Technology Foxconn says it is open to buying a stake in Nissan NEW TAIPEI: Taiwan’s Foxconn would consider taking a stake in Nissan for cooperation, its chairman said, as the... Published 13 Feb, 2025 08:21am
Business & Finance Foxconn’s aim is cooperation with Nissan, not acquisition NEW TAIPEI: Foxconn Chairman Young Liu said on Wednesday that the company’s aim is cooperation with Japan’s Nissan,... Published 12 Feb, 2025 08:42am
Technology Dongfeng Motor shares surge as restructuring plans prompt merger speculation HONG KONG: Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said... Published 10 Feb, 2025 11:01am
World Nissan set to step back from merger with Honda TOKYO: Nissan looks set to step back from merger talks with rival Honda, two sources said on Wednesday, calling into... Published 06 Feb, 2025 03:16am
Business & Finance Nissan may call off merger talks with Honda, source says TOKYO: Japan’s Nissan may call off its merger talks with Honda, according to a person familiar with the matter,... Published 05 Feb, 2025 10:41am
Business & Finance Honda shares soar 16% after buyback announcement TOKYO: Honda shares soared more than 16 percent on Tuesday after the Japanese auto giant announced a buyback of up... Published 24 Dec, 2024 12:24pm
Markets Honda, Nissan aim to close merger talks in June 2025, source says TOKYO: Honda and Nissan are likely to unveil on Monday a pact to explore a merger by setting up a joint holding... Updated 23 Dec, 2024 11:38am
Business & Finance Honda and Nissan consider mutual production of vehicles TOKYO: Honda and Nissan are considering producing vehicles in one another’s factories as part of their talks to... Published 21 Dec, 2024 01:03pm
Business & Finance Foxconn interest in Nissan on hold amid Honda merger talks Taiwan’s Foxconn is pausing its interest in Nissan Motor as the Japanese automaker explores a potential merger with... Published 20 Dec, 2024 05:09pm
Business & Finance Taiwan’s Foxconn in talks with Renault over Nissan stake: report TAIPEI: Taiwan’s Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker... Published 19 Dec, 2024 12:50pm
Business & Finance Honda, Nissan move to deepen ties, sources say, including possible merger TOKYO: Honda and Nissan are in talks to deepen ties, two people said on Wednesday, including a possible merger, the... Published 18 Dec, 2024 05:32pm
Markets Renault shares gain on Honda-Nissan tie-up talks PARIS: Renault shares surged 6% on Wednesday as analysts highlighted financial and strategic benefits for the... Published 18 Dec, 2024 05:07pm
Markets Honda, Nissan move to closer tie-up as competition intensifies, source says TOKYO: Honda and Nissan,are moving towards a closer tie-up with talks of setting up a holding company, a source... Published 18 Dec, 2024 08:18am
Business & Finance Nissan seeks investor to replace some of Renault’s equity holding, FT reports Nissan Motor is looking for a long-term investor, such as a bank or insurance group, to help it replace some of... Published 26 Nov, 2024 11:12am
Business & Finance Nissan announces 9,000 job cuts, slashes sales forecast TOKYO: Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast,... Published 07 Nov, 2024 02:29pm
Business & Finance Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports TOKYO: Japan’s Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating an auto... Published 28 Jul, 2024 11:11am
Technology Toyota to get an earnings lift from hybrids as EV hype cools Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday,... Published 07 May, 2024 01:40pm
Business & Finance Toyota agrees to biggest wage hike in 25 years TOKYO: Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening... Published 14 Mar, 2024 03:00am
Business & Finance Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump TOKYO: Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening... Published 13 Mar, 2024 10:48am
Technology Tesla, rivals get low marks for automated-driving technology DETROIT: Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by... Published 12 Mar, 2024 10:30am
Markets Oil prices slips amid concerns over Middle East, China demand LONDON: Global benchmark Brent slipped on Monday, dipping below $82 a barrel, as persistent geopolitical concerns in... Updated 11 Mar, 2024 06:03pm
Business & Finance Renault to sell 5% tranche of Nissan stake PARIS: French carmaker Renault will sell a tranche of around 5% of its stake in Japan’s Nissan as part of a wider... Published 12 Dec, 2023 12:57pm
Business & Finance Nissan hit by ‘cyber incident’ in Australia, New Zealand WELLINGTON: Japanese car giant Nissan warned customers Thursday that its operations in Australia and New Zealand had... Published 07 Dec, 2023 11:49am
Technology Nissan, Mitsubishi still plan investment in Renault EV unit PARIS: Renault’s long-standing partners Nissan and Mitsubishi still intend to invest in the French car maker’s... Published 06 Dec, 2023 01:49pm
Business & Finance Nissan accelerates UK electric car production SUNDERLAND: Japanese auto giant Nissan announced Friday it would invest up to £2 billion in UK electric car... Updated 24 Nov, 2023 04:59pm
Business & Finance Nissan set for £1bn UK electric car investment: FT LONDON: Japanese auto giant Nissan will commit Friday to building electric models of two best-selling cars in... Published 23 Nov, 2023 07:29pm