Articles

Video: Ghosn Says Nissan to Sell Datsun in Middle East, Africa

By scottpasinski on  From clipsyndicate.com
May 22 (Bloomberg) -- Nissan Motor Co. Chief Executive Officer Carlos Ghosn talks about the automaker's business strategy, the growth outlook for emerging markets including China, and the yen. Ghosn, who is in Hong Kong today to open the company’s new Infiniti global headquarters, speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)Read Full Story

Nissan Posts Operating Profit of 545.8 Billion Yen For FY11

By Mike Hussey on  From indiandrives.com
Nissan Motor Co., Ltd., today announced financial results for the 12-month period ending March 31, 2012, and filed the following results with the Tokyo Stock Exchange: Net revenues of 9.409 trillion yen (US $118.95 billion, euro 86.32 billion). Operating profit of 545.8 billion yen (US $6.90 billion, euro 5.01 billion). Ordinary profit of 535.1 billion yen (US $6.76 billion, euro 4.91 billion) and Net income of 341.4 billion yen (US $4.32 billion, euro 3.13 billion). For the last year, the...Read Full Story

Nissan Infiniti expands to Hong Kong

By servicingstop on  From servicingstopblog.co.uk
Nissan have expanded their luxury Infiniti brand to Hong Kong as sales are beginning to pickup once again. They have now setup headquarters in the country and are using it to spread their wings in China, the world’s largest car market. 10 per cent gain eventually Infiniti are aiming to gain a 10 per cent stake in the Chinese luxury car market eventually. Currently that figure stands at 3 per cent. 2011 sales Chinese sales did fairly well in 2011, with 20,000 Infiniti cars sold. This year the...Read Full Story

Nissan CEO Ghosn Expects Yen to Weaken

By inautonews on  From inautonews.com
Carlos Ghosn, Nissan Motor Co Chief Executive, declared on Friday, May 11th, that he expects the yen to weaken. "Even though it is now at the 79 yen level, two weeks ago it was at 83 or 84. If there is any indication for the future, logically the yen should weaken," he said. In 2011 Nissan ...Read Full Story

Quotations From Chairman Carlos Ghosn

By Motor Impress on  From motorimpress.com
Ford wanted to hire Carlos Ghosn instead of Mulally. Ghosn said no. Kerkorian wanted Ghosn to save GM, Wagoner prevented it. For you, dear TTAC reader, Carlos Ghosn is available.Chief of Nissan and Renault, Ghosn is the ultimate rock star of the industry. He is the master of the unprepared remark. Any of his statements, delivered with... Read more...Read Full Story

Nissan to build new factory in China, invests $450mln

By inautonews on  From inautonews.com
Nissan Motor, the Japanese automaker plans to invest 30 billion to 40 billion yen ($371 million to $494 million) to build its fourth Chinese auto factory in Dalian city – China, the Nikkei business daily said on Friday. The new factory will be Nissan’s 4th in China, will have an annual capacity of 200,000 vehicles and will start production in 2014. According to the same source, Nissan will produce the Murano and X-Trail sport utility vehicles, a category rapidly gaining popularity in China...Read Full Story

Nissan introduces Datsun for India: Official

By Mike Hussey on  From indiandrives.com
We have kept you updated with the news of Nissan mulling over its brand Datsun for bringing an entry level car in India, and today, at a conference in Mumbai, Nissan green signalled the Datsun brand. Nissan Global CEO Carlso Ghosn announced a modern Datsun brand that holds its heritage of quality and reliability with reasonable price. According to Ghosn, Nissan has introduced the Datsun brand for first time vehicle buyers, who now get a low cost, modern car with all top-notch features. This...Read Full Story

Renault Unwraps Production Version of All-Electric ZOE in Geneva, Announces Pricing

By wheels4 on  From carscoop.blogspot.com
In October 2011, Renault-Nissan CEO Carlos Ghosn said that the alliance would heavily rely on its electric cars in the years to come. And true to his word, Ghosn has overseen several introductions of pure electric models such as the Fluence Z.E. and the Twizy. At the 2012 Geneva Motor Show, the French automaker revealed yet another EV, the production version of the ZOE supermini that will go on sale in Europe this summer available with two equipment levels, the ZOE Zen and ZOE Intens. It...Read Full Story

Japan: Strong yen to “move production out of Japan” – CEO

By inautonews on  From inautonews.com
Although the yen has fallen slightly after monetary easing by the Bank of Japan in February, large manufacturers are pessimistic over its likely future course. When the yen climbs, it reduces the value of exporters’ overseas profits when repatriated to Japan. Nissan Motor Co (7201.T) is planning to move output of its Infiniti brand outside Japan, likely to North America or China, Chief Executive Carlos Ghosn said on the sidelines of the New York auto show on Wednesday. Many of those Japanese...Read Full Story

Carlos Ghosn Officially Confirms Rebirth of Datsun Brand in 2014, Reveals New Logo

By wheels4 on  From carscoop.blogspot.com
A couple of weeks back, we told you about the rumors regarding Nissan's plans to revive its Datsun brand for emerging markets. Today, Renault-Nissan Alliance CEO Carlos Ghosn made it official during a visit to Indonesia where he met with the country's president Susilo Bambang Yudhoyono. While addressing the media, Ghosn announced the return of the Datsun brand, which will become Nissan's third global brand after Nissan and Infiniti, while also revealing the firm's new logo. "Datsun...Read Full Story
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