Japanese automaker Nissan on Thursday said it is looking to expand presence in India with the introduction of three new models over the next 14-16 months. The automaker, which on Thursday revealed the name of its upcoming seven-seater model as 'Gravite', is also looking to expand its sales network from 155 to 250 outlets by the end of the financial year. The company's product roadmap includes the launch of the Gravite MPV in early 2026; followed by the mid-sized SUV Tekton in mid-2026 and a seven-seater SUV in early 2027. "The upcoming line-up -- shaped by global insights yet deeply attuned to the needs of Indian customers -- reflects our commitment to this dynamic market. With new models developed in and for India, and exports to several international markets, India remains both a growth driver and a strategic hub for Nissan Alliance," Nissan AMIEO (Africa, Middle East, India, Europe & Oceania) Chairperson Massimiliano Messina said. India continues to be a strong contributor to ..
The acquisition will be led by a special purchase company managed by KJR Management, a Japanese real estate unit of private equity giant KKR & Co
Nissan and Renault had said in March they had agreed to reduce their required minimum stake in each other to 10 per cent from 15 per cent
Overseas, Nissan is considering ending production at plants in South Africa, India and Argentina, and cutting the number of factories in Mexico
Details regarding which specific factories will be affected and whether they will be temporarily suspended or permanently closed are expected to be finalised at a later date
US President Donald Trump's decision to slap a 25 per cent levy on cars built overseas has upended the global automotive supply chain
A new CEO, who would be Nissan's fourth in less than six years, could also serve in an interim capacity while the board searches for a permanent replacement
The van makes its way slowly but surely through the city streets, braking gently when a car swerves into its lane. But its steering wheel is turning on its own, and there's no one in the driver's seat. The driverless technology from Nissan Motor Corp., which uses 14 cameras, nine radars and six LiDar sensors installed in and around the vehicle, highlights Japan's eagerness to catch up with players like Google's Waymo that have taken the lead in the US. Japan, home to the world's top automakers, has not kept pace with the global shift to autonomous driving, so far led by China and the US But momentum is building. Waymo is going to land in Japan this year. Details haven't been disclosed, but it has a partnership with major cab company Nihon Kotsu, which will oversee and manage their all-electric Jaguar I-PACE sport-utility vehicles, first in the Tokyo area, still with a human cab driver riding along. During Nissan's demonstration, the streets were bustling with other cars and ...
The next CEO could be installed as a temporary or transitional leader, an option that would give the board more time to find a permanent replacement
If Uchida does exit, his replacement would become the fourth person to lead the carmaker in a little under six years, reflecting a sign of the management turmoil that has plagued Nissan
Nissan CEO Makoto Uchida has expressed his intention to stay until 2026, but is facing pressure to step down in coming months from board members and French partner Renault
The company, known also as Foxconn, had adopted a wait-and-see attitude while Honda and Nissan worked out a plan to integrate their businesses
The deal would have been the latest change in a car industry facing a huge threat from China's BYD and other electric vehicle entrants
The two Japanese automakers have been in talks to explore a merger by 2026, in a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers are posing
Honda, meanwhile, has threatened to end its strategic software partnership with Nissan if it looks to join hands with Foxconn, Nikkei said in an earlier report
News of Foxconn's interest emerged as Honda Motor Co. and Nissan announced they have entered potential merger talks, which would better position the combined company to face competitive challenges
Honda is considering several options including a merger, capital tie-up or the establishment of a holding company, Executive Vice President Shinji Aoyama said
Uchida's tenure has coincided with a tectonic shift in the automotive landscape, as new EV makers challenge decades-old manufacturers
Nissan's worldwide output for October decreased 6 per cent from the same month a year earlier to 290,848 vehicles
Writing for a three-judge panel, however, Chief Judge Jeffrey Sutton said some drivers may never have experienced sudden braking, or sought repairs to begin with