Page 2 - Nissan

Who could be the next Nissan CEO after Makoto Uchida? Check names here

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 Motor India total sales up 44.76% at 8,567 units in February

Nissan Motor India on Monday reported a 44.76 per cent on-year rise in total sales at 8,567 units in February 2025, riding on exports. The company, which sold 5,918 units in February 2024, said all the powertrain options of its compact SUV Magnite are now E20-compatible with the Magnite BR10 naturally aspirated engine also becoming fully-compliant recently after the more powerful 1-litre HR10 turbocharged petrol engine, which became E20-compatible in August 2024. In February 2025, domestic sales accounted for 2,328 units, down from 2,755 units in the same month last year. Exports last month totalled 6,239 units, up 97 per cent year-on-year, compared to 3,163 export units in February 2024, Nissan Motor India said in a statement. The Magnite achieved 50,000 units of export sales since its launch, it added. "This achievement highlights the growing trust in Nissan's ability to deliver quality, innovation, and performance. Coupled with the New Nissan Magnite's full E20 compliance, our

Nissan prepares to replace CEO Uchida after Honda deal falls apart

Nissan directors are gauging interest in potential candidates to succeed Makoto Uchida, the 22-year company veteran who's been CEO since late 2019

Moody's cuts Nissan rating to 'junk' status, keeps negative outlook

Nissan has been working on a turnaround programme under which it plans to cut its workforce by 9,000 people and global manufacturing capacity by 20 per cent

Honda ready to revive takeover talks if Nissan CEO Uchida steps down

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

Japanese automakers Honda, Nissan, Mitsubishi end talks on biz integration

Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration. Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan into a subsidiary of Honda. The intent was to join forces to win in the global competition, but this was not going to realise Nissan's potential, so I could not accept it, he told reporters. He said that Nissan was going to aim for a turnaround without Honda instead. Honda Chief Executive Toshihiro Mibe said in a separate news conference that Honda had suggested a stock swap to speed up decision-making. I am really disappointed, Mibe told reporters. I felt the potential was great, but I also knew actions that would bring pain were necessary to realise that." The automakers agreed to end their agreement on considering a structure for a collaboration, a joint statement said. The decision was passed by board meetings at each of the companies. Honda M

Honda's nine-month profit down by 7% as it ends talks with Nissan

Japanese automaker Honda reported a 7 per cent decline in profit for the nine months that ended in December on Thursday as it terminated talks on integrating its business with Nissan. Tokyo-based Honda Motor Co. said its motorcycles business was strong, but its auto sales suffered in China and Japan, while demand stayed solid in the US. Honda's April-December 2024 profit totalled 805 billion yen (USD 5 billion), down from 869.6 billion yen the same period in 2023. Nine-month sales gained nearly 9 per cent to 16.3 trillion yen (USD 106 billion). Honda and Japanese rival Nissan Motor Corp., along with the smaller Mitsubishi Motors Corp., said in December that they were in talks to set up a joint holding company. The automakers said Thursday they were ending the talks, although existing collaborations in electric vehicles and smart cars will continue.

Boards of Nissan and Honda vote to officially end merger discussions

Nissan, Japan's third-largest automaker, backed out of $60 billion merger talks with larger rival Honda after negotiations were complicated by growing differences

Inside the collapse of Nissan and Honda's $60 billion automotive mega deal

In December, Nissan and Honda announced plans to merge, an outgrowth of talks they had been holding since March 2024, when they said they were looking to cooperate on technology

Hon Hai offers Renault a lifeline, says open to buying its stake in Nissan

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

Aim is cooperation with Nissan, not acquisition: Foxconn's Young Liu

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

Honda, Nissan results likely to highlight flaws as deal set to fail

A deal would have created one of the world's biggest carmakers, giving the combined company the scale it needs to compete with EV makers

Nissan Motor seeking new partners as deal with Honda set to collapse

The Japanese carmaker is looking for a partner that would ideally be from the technology sector and US-based

Nissan-Honda merger on the brink as growing disagreements threaten deal

Nissan's board is set to review its merger talks with Honda amid rising disagreements, putting the potential tie-up in jeopardy as both automakers struggle to find common ground

Trump's potential tariffs will only add to the pain for hard-hit Nissan

The US is the top market by vehicle sales for Nissan and bigger rivals Toyota and Honda

Nissan Motor India to export 10,000 LHD units of New Magnite by Feb-end

The company flagged off the first shipment of close to 2,900 units of the New Nissan Magnite in late January to select markets in the Latin American (LATAM) region

Nissan plans job, output cuts at US assembly plants amid merger with Honda

Nissan has pledged to cut 9,000 jobs globally and reduce production capacity by 20 per cent

Japan's Fuji TV loses sponsors amid sex scandal involving star host

Over 50 firms, including Nissan and Toyota, pulled ads from Fuji TV after a sex scandal involving host Masahiro Nakai and alleged cover-up surfaced

Toyota Kirloskar Motor's December sales increase 29% to 29,529 units

Toyota Kirloskar Motor on Wednesday reported 29 per cent increase in sales at 29,529 units in December 2024 as compared to 22,867 units in the same month a year ago. The company sold 24,887 units in the domestic market and exported 4,642 units last month, Toyota Kirloskar Motor (TKM) said in a statement. The company said it recorded its best-ever calendar year sales in 2024 at 3,26,329 units. This was higher by 40 per cent as compared to 2,33,346 units sold in 2023. "The SUV and MPV segments being key contributors grew at 20 per cent over the same period last year. We are also observing a growing shift of consumer preferences towards vehicles offering sustainability, value proposition of dependability quotient, enhanced safety and better resale value which is boosting our sales," TKM Vice President, Sales-Service-Used Car Business, Sabari Manohar said. On the outlook, he said,"Given the existing trend, we are confident of further consolidating our market position thus playing a ..

Honda, Nissan merger deal may be key in fight against China's BYD

Honda and Nissan are both having trouble contending with ascendant domestic automakers in China