Nissan's worldwide output for October decreased 6 per cent from the same month a year earlier to 290,848 vehicles
Munoz, 59, joined Hyundai in 2019 as global chief operating officer, with responsibility for the carmaker's north and south American operations
It scrapped its net profit forecast due to ongoing restructuring efforts, which it said would reduce costs by 400 billion yen ($2.6 billion) this fiscal year
It also expects foreign exchange moves to boost its annual results, helping to offset inflationary pressures
It also expects foreign exchange moves to boost its annual results, helping to offset inflationary pressures
Nissan's quarterly sales performance was also hurt by stronger-than-expected US demand for hybrids, Uchida said, a trend that has especially benefited rival Japanese automaker Toyota
Both companies to unveil a five-seater and a seven-seater SUV each
Nissan is considering partnering with Honda on key EV parts, as well 'kei car' - boxy vehicles that are smaller and less powerful than regular cars, primarily made for the domestic market
Nissan and Mitsubishi denied the plan
Nissan Motor India on Monday said it has appointed Saurabh Vatsa as the Deputy Managing Director with immediate effect. He will report to Managing Director Rakesh Srivastava and support in implementing the company's ongoing transformation roadmap, the automaker said in a statement. The appointment is reflective of the company's transformation plan to meet the opportunities and challenges ahead for the automotive industry in India, it added. Vatsa joins Nissan from Stellantis, where he was a member of the Stellantis leadership team and spearheading the Citroen brand since its inception in India. "His (Vatsa) appointment underpins our commitment to invest USD 600 m USD (Rs 5,300 crore) in India as part of the Alliance and introduce more products for the Indian consumer as part of the transformation plan," Nissan India Operations President Frank Torres said.
The Japanese automaker has looked to address main bearing and L-link damage or seizures on the engines by introducing multiple manufacturing process changes over time, the regulator said
Nissan plans to announce a new executive line-up on June 27, coinciding with his departure, it said in a statement
The new Nissan Patrol replaces Salman Khan's earlier bulletproof vehicle, Toyota Land Cruiser LC200
Nissan Motor India on Thursday said its total wholesales rose by 20 per cent on a year-on-year basis to 6,746 units last month, aided by increase in exports. The automaker had dispatched 5,605 units in November 2021. The company saw a dip in domestic sales with 2,400 units last month, as against 2,651 units in November 2021. Exports increased to 4,346 units last month, from 2,954 units in the year-ago period. "Booking fulfilments have continued into November after the festive season, indicating that demand is benefiting from several positive indicators, such as improvement in economic activities and confident consumer sentiments. "Going ahead, stable demand from tier-I and tier-II cities is expected," Nissan Motor India Managing Director Rakesh Srivastava said in a statement.
While both sides appeared near a final agreement two weeks ago, Nissan's board and management have recently expressed concern over Renault's plans for the intellectual property
Juke, which was also showcased on Tuesday, is currently being evaluated for the Indian market
Executives have discussed Renault's carve-out plan and reshaping the pair's two decade-old alliance since February during meetings in France and Japan.
Asks French firm to cut stake to 15%
Priced around Rs 5.7-8.05 lakh, the mini SUV will vie with the Punch, Magnite and Ignis
The new edition is based on the model's XV variant and comes with various features like 8-inch touchscreen with Wifi connectivity