Latest Nissan Motor Co Ltd News

Nissan says it will make next-generation EV batteries by early 2029

Apr. 16, 2024 03:40 AM EDT

YOKOHAMA, Japan (AP) — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan's legacy automakers have fallen behind newer rivals like America's...

Volkswagen workers to vote on union representation next month in the 1st test of recruiting drive

Mar. 25, 2024 12:57 PM EDT

DETROIT (AP) — Workers at Volkswagen’s factory in Chattanooga, Tennessee, will vote next month on whether they want to be represented by the United Auto Workers union. The National Labor Relations Board said Monday that the election will take place from April 17 to 19 at the...

Japan's Nissan promises aggressive electrification push to cut costs, boost global sales

Mar. 25, 2024 04:29 AM EDT

TOKYO (AP) — Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process, in what the Japanese automaker’s chief called “The Arc” pathway to higher sales by 2030. “The auto industry is now...

Workers at Tennessee Volkswagen factory ask for vote on representation by United Auto Workers union

Mar. 18, 2024 13:54 PM EDT

DETROIT (AP) — Volkswagen's factory in Chattanooga, Tennessee, is likely to be the first test of the United Auto Workers' effort to organize nonunion automobile plants across the nation. Workers at the 3.8 million square foot (353,353 square meter) factory on Monday filed paperwork...

Honda and Nissan agree to work together in developing electric vehicles and intelligent technology

Mar. 15, 2024 05:11 AM EDT

TOKYO (AP) — Nissan and Honda announced Friday that they will work together in developing electric vehicles and auto intelligence technology, sectors where Japanese automakers have fallen behind. The chief executives of Nissan Motor Co. and Honda Motor Co. appeared together at a...

Stock market today: Asian shares mostly decline after Wall Street drifts to a mixed close

Mar. 14, 2024 00:12 AM EDT

TOKYO (AP) — Asian shares mostly declined Thursday in lackluster trading after U.S. stocks drifted to a mixed finish. Japan's Nikkei 225 shed 0.2% in morning trading to 38,625.22. Nissan Motor Co. stock jumped 2.3% after an unconfirmed Japanese media report that the automaker...

Stock market today: Tokyo hits 30-year high, with many Asian markets shut for Lunar New Year holiday

Feb. 08, 2024 23:57 PM EST

TOKYO (AP) — Asian shares were mostly higher Friday as Tokyo’s benchmark momentarily touched a 34-year high, while many regional markets were closed for the Lunar New Year holiday. Japan's benchmark Nikkei 225 rose 0.5% to 37,029.91, slipping back from earlier gains. ...

Japan automaker Nissan's profit stumbles on China sales decline

Feb. 08, 2024 05:24 AM EST

TOKYO (AP) — Nissan's profit sank in October-December to about half of what it earned the year before, the automaker said Thursday, though it stuck to its earlier earnings forecasts. Nissan Motor Co., based in the port city of Yokohama, reported its profit was 29 billion yen ($195...

Mississippi governor pushes state incentives to finalize deal for 2 data processing centers

Jan. 24, 2024 13:41 PM EST

JACKSON, Miss. (AP) — A tech company will invest $10 billion to build two data processing centers that will create 1,000 jobs in central Mississippi, Republican Gov. Tate Reeves said Wednesday. Reeves said it will be the state's largest-ever private corporate investment — four...

Editorial Roundup: Mississippi

Jan. 24, 2024 07:12 AM EST

Greenwood Commonwealth. January 23, 2024. Editorial: Industry’s I-55 Dividing Line Democratic lawmakers are grumbling that Mississippi’s biggest economic development victories, such as the electric vehicle battery manufacturing plant announced last week, always...