Latest Nissan Motor Co Ltd News

Activists urge Tesla to close new Xinjiang showroom

Jan. 04, 2022 22:17 PM EST

BEIJING (AP) — American activists are appealing to Tesla Inc. to close a new showroom in China’s northwestern region of Xinjiang, where officials are accused of abuses against mostly Muslim ethnic minorities. Tesla on Friday announced the opening of its showroom in Urumqi, the...

Nissan investing in electric vehicles, battery development

Nov. 29, 2021 03:34 AM EST

TOKYO (AP) — Nissan said Monday it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup. The Japanese automaker's chief executive, Makoto Uchida, said 15 new electric...

Nissan returns to profit, ups forecast despite chips crunch

Nov. 09, 2021 04:38 AM EST

TOKYO (AP) — Nissan reported a profit for the July-September quarter, managing to reverse earlier losses despite challenges that include shortages of computer chips and rising costs for materials. The 54.1 billion yen ($479 million) profit for the last quarter compared...

Toyota lifts forecast despite pandemic's supply chain damage

Nov. 04, 2021 02:41 AM EDT

TOKYO (AP) — Japan’s top automaker Toyota reported Thursday a 33% jump in second fiscal quarter profit, as it raised its full year forecast despite supply chain woes related to the coronavirus pandemic. Toyota Motor Corp. recorded a 626.65 billion yen ($5.5 billion)...

Defense says American charged in Ghosn pay case not involved

Oct. 27, 2021 05:20 AM EDT

TOKYO (AP) — The defense for former Nissan executive Greg Kelly said Wednesday there was no evidence or motives linking him to alleged under-reporting of his ex-boss Carlos Ghosn’s compensation. Kelly’s chief defense lawyer, Yoichi Kitamura, said in wrapping up the...