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 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 directors are gauging interest in potential candidates to succeed Makoto Uchida, the 22-year company veteran who's been CEO since late 2019
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
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 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
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.
Nissan, Japan's third-largest automaker, backed out of $60 billion merger talks with larger rival Honda after negotiations were complicated by growing differences
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
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
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
The Japanese carmaker is looking for a partner that would ideally be from the technology sector and US-based
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
The US is the top market by vehicle sales for Nissan and bigger rivals Toyota and Honda
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 has pledged to cut 9,000 jobs globally and reduce production capacity by 20 per cent
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