Mitsubishi unveils $47,000 electric car Jun 5, 2009
Toyota said it plans to sell electric vehicles in the U.S. by 2012, while Nissan Motor Co. said it will market electric vehicles in Japan and the U.S. after April 2010. The company aims to sell 250 units abroad, mainly in Britain and other European countries, in the current financial year. (Fresno Bee -- Business)
U.S. auto sales fall, but people still buying Jun 3, 2009
Honda Motor Co. reported its year-over-year volumes dropped 41 percent, while Nissan Motor Co. said sales fell 33 percent. Related Stories. (Republican-American)
GM moves to sell Hummer Jun 3, 2009
Honda Motor Co. reported its year-over-year volumes dropped 41 percent, while Nissan Motor Co. said sales fell 33 percent. As part of GM's proposed transaction, Hummer will continue to contract vehicle manufacturing and business services from GM during a transitional period. (Albany Times Union)
20 manufacturers cut 87,000 jobs Jun 3, 2009
20 leading manufacturers cut 87,000 jobs in 6 months- International Business-News-The Economic Times. International Business. (India Times)
Ford May Sales Down 24%, But Hit 11-Month High Jun 3, 2009
TO), Ford Motor Co. (F), General Motors Corp. (GM), (GMGMQ), Honda Motor Co. Ltd. (HMC), Nissan Motor Co. Ltd. (NSANY), Toyota Motor Corp. (TM), (JP363340), (JP367240), (JP385460), (US345370), (US370442)) at SmartMoney ... Japanese auto makers Nissan Motor Co. (NSANY) and Honda Motor Co. Ltd. (HMC), meanwhile, posted declines of 33% and 39% respectively ... Nissan Motor CO. (NSANY) rounded off the top six with a 33. (SmartMoney)
GM's Asian Units to Operate Normally, Will Be Part of Reorganized Carmaker Jun 2, 2009
and Nissan Motor Co. gained on investor expectations the carmakers would win sales at the expense of GM. The Detroit-based carmaker became the largest manufacturer to go bankrupt as it turned to the U.S. government for $50 billion in loans to fund a reorganization. For Japanese automakers, GMs collapse presents a huge opportunity to take market share, said , a strategist at SMBC Friend Securities Co. in Tokyo. (Bloomberg -- Japan)
Tensions rise as Germany races for Opel deal May 29, 2009
Reuters A traffic sign is pictured in front of the Opel plant in Kaiserslautern May 28, 2009. By Noah Barkin and Ian Simpson Noah Barkin And Ian Simpson. (Yahoo News -- Top Stories)
* Japan retail sales fall for eighth month May 29, 2009
Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- Business)
Full Story» May 29, 2009
Tensions rise as Germany races for Opel deal - Yahoo. Tensions rise as Germany races for Opel deal. (Yahoo News -- Top Stories)
Chrysler's Nardelli Tells Bankruptcy Judge Fiat Sale Is Best Deal for All May 28, 2009
LaSorda testified he had traveled the world looking for a partner for Chrysler and, while he had gotten deep into negotiations with Nissan Motor Co. and Kia Motors Corp., no final terms were negotiated. He said he opposed a deal with General Motors Corp.. (Bloomberg -- Europe)
Honda tops in auto supplier survey May 27, 2009
-based consultant Nissan Motor Co. Ltd. came in third in the survey, which has been conducted since 2002. Of the Big Three automakers from Detroit, which anchored the bottom of the list, (NYSE:F) came in ahead of (NYSE: GM) and , which came in last overall in the survey for the second year in a row. (Columbus Business First, OH)
China auto sector taking off May 27, 2009
An attendant wipes down a Nissan Motor Co. X-Trail sport utility vehicle at the 2009 Shanghai auto show. China's auto sector has emerged as a real power in the industry. (Honolulu Advertiser)
Honda Overtakes Toyota in Parts Supplier Survey May 26, 2009
Japanese automakers continued to boast the best relations with their suppliers, with Nissan Motor Co. coming in third among the six automakers ranked. Ford Motor Co.'s supplier relations improved dramatically for the second year in a row, coming in fourth, followed by General Motors Corp. then Chrysler LLC.. (ABC News -- Wire)
Japan Praises Obama's New Fuel Standards May 23, 2009
Echoing the view throughout this nation's industry, Nissan Motor Co. said it was behind Obama, stressing its record for supporting proposals for lower emissions and fuel economy, and expressed hopes for taking part "actively" in the effort. "Nissan supports the Obama administration's plan to reduce greenhouse gases," it said. (KSBW 8, CA)
DiCaprio Statue, $30 Rooms Help Japan's Love Hotels Beat Economic Slump May 21, 2009
Japans 25,000 love hotels are making money even as companies such as Sony Corp., NEC Corp. and Nissan Motor Co. cut jobs amid the worst recession since World War II. Lovers can get a couple of hours of privacy for as little as 3,000 yen ($30), the cost of entry at a Tokyo nightclub, in a country where adults often live with their parents until their 30s. Its a recession-proof industry, said , Chief Executive Officer at New Perspective, which helps manage six hotels owned by Weve... (Bloomberg -- Japan)
Japan's Carmakers Cheer Obama's Green Push May 21, 2009
Echoing the view throughout this nation's industry, Nissan Motor Co. said it was behind Mr. Obama, stressing its record for supporting proposals for lower emissions and fuel economy, and expressed hopes for taking part "actively" in the effort. "Nissan supports the Obama administration's plan to reduce greenhouse gases," it said. (CBS News)
Nikkei Edges up, Trading Houses Rise but Yen Weighs May 20, 2009
By Elaine Lies May 19, 2009 FONT SIZE. TOKYO (Reuters) - Japan's Nikkei stock index rose 0. (ABC News -- Wire)
Nissan hopes to catch up in hybrid vehicle market May 19, 2009
Nissan Motor Co., Japan's No. 3 automaker, has fallen behind its bigger rivals - Toyota Motor Corp. and Honda Motor Co. - in the increasingly competitive market for gas-electric hybrid vehicles. Toyota produces the Prius, the world's top selling hybrid, whose latest or third-generation model, went on sale Monday, offering better mileage and more size. (The Star Online, Malaysia -- Business)
South feels Detroit's pain May 14, 2009
Both made parts for General Motors Corp., Ford Motor Corp., Chrysler LLC, Nissan Motor Co., Honda Motor Co. among other automakers. The economy of Perry County, which is about 70 miles southwest of Nashville and along the Tennessee River, made the switch from agriculture to manufacturing decades ago. (Columbia Daily Herald, TN)
Nissan reports first annual loss in a decade May 13, 2009
TOKYO - Nissan Motor Co., Japans No. 3 automaker, reported a $2. 4 billion (233. (MSNBC -- Business)
Asian Stocks Rise as Olympus, Nissan Motor Forecasts Stoke Growth Optimism May 13, 2009
May 13 (Bloomberg) -- Asian stocks rose, resuming a two- month rally, as forecasts from and Nissan Motor Co. boosted confidence corporate earnings are recovering from the global recession. Olympus, the worlds biggest maker of endoscopes, soared 12 percent in Tokyo after unexpectedly forecasting a return to profit this year. (Bloomberg -- Asia)
Ford Raises $1.4 Billion Through Offering May 13, 2009
4 Billion Through Offering - ABC News. 4 Billion Through Offering. (ABC News -- Wire)
Nissan sees more losses; focus on saving cash May 12, 2009
TOKYO Nissan Motor Co. lost $2. 4-billion (U.S.) in the fourth quarter amid a global slump in car sales, and forecast more losses this year as it looks to conserve cash by putting product launches and growth plans on hold. (Globe and Mail -- Business)
Nissan reports US$2.4b loss for year amid global slowdown May 12, 2009
TOKYO: Nissan Motor Co., Japan's No. 3 automaker, reported a 233. 7 billion yen ($2. (The Star Online, Malaysia -- Business)
New-housing price index out, Monday May 9, 2009
Nissan Motor Co. Ltd. reports. A loss of 90 ($1. (Globe and Mail -- Business)
Asian car cos falter, rivals hit the gas May 8, 2009
Asian carmakers falter; rivals hit the gas in India- Indicators-Economy-News-The Economic Times. Asian carmakers falter; rivals hit the gas in India8 May 2009, 1057 hrs IST, REUTERS. (India Times)
How Walter's dream became a nightmare May 5, 2009
Not long after the Daimler-Chrysler marriage was consummated, the chairman of the newly created giant turned his attention to the next project, which was the failed attempt to purchase Nissan Motor Co. Ltd. He left the integration of the luxury Mercedes-Benz and the mass-market Chrysler to underlings on both side of the Atlantic Ocean, many of whom, sources say, were opposed to the merger in the first place. Yesterday, in language eerily similar to Mr. Schrempp's comment about an automotive... (Globe and Mail -- Business)
Factory Index Rises For A Fourth Month As Recession Eases May 4, 2009
eIBD Investor's Business Daily Digital Edition. Access recent eIBD issues easily. (Investors Business Daily)
As GM, Chrysler Stumble, Ford Gains With Fusion May 3, 2009
Nissan Motor Co., reported a 38 percent drop in its sales. The No. 3 Japanese automaker saw double-digit sales declines across both its car and truck segments. (Time.com)
Honda Motor, Hyundai Lead Asian Automakers in Gaining U.S. Market Share May 3, 2009
and Nissan Motor Co. said conditions may improve in May. Sales slid 25 percent for Honda and 14 percent for Hyundai, as the industry total tumbled 34 percent from a year earlier. (Bloomberg -- Japan)
Japan's jobless rate rises as output grows May 2, 2009
Employees of Nissan Motor Company work on the assembly line in Japan. Household spending in the world's second largest economy fell 0. (CNN -- International)
Automobile Sales Remain Bleak In April May 2, 2009
TO), (C.XX), Ford Motor Co. (F), General Motors Corp. (GM), Honda Motor Co. Ltd. (HMC), (HYMLY), Nissan Motor Co. Ltd. (NSANY), Toyota Motor Corp. (TM), (JP363340), (JP367240), (JP385460), (KR700538), (US345370), (US370442), (US449187), ) at SmartMoney ... Nissan Motor Co. (NSANY) had a 38% slump to 47,190, but avoided falling behind Hyundai Motor Co. (005380. (SmartMoney)
U.S. auto sales in April near 30-year lows May 2, 2009
Toyota Motor Corp. posted the largest sales drop at 42 per cent among major auto makers in the U.S. market, followed by Nissan Motor Co. Ltd. at 38 per cent.. Sales at U.S. auto maker Ford Motor Co. slid almost 32 per cent last month, while sales at General Motors Corp., which like Chrysler has been operating under federal supervision, fell 34 per cent.. (Globe and Mail -- Business)
Auto Sales Plunge to Near 30-Year Lows May 2, 2009
By Ben Klayman May 1, 2009 FONT SIZE. CHICAGO (Reuters) - U.S. auto sales fell 34. (ABC News -- Wire)
Smarter electric vehicle charger built May 2, 2009
Automakers, such as General Motors Corp., Toyota Motor Corp. and Nissan Motor Co., are planning to bring rechargeable vehicles to the market as early as 2010. A previous study by the PNNL found that the existing U.S. power grid has enough available capacity to support about 70 percent of light-duty vehicles if charging is properly managed. (MSNBC -- Environment)
A courtship that spanned the globe May 2, 2009
Court filings show that within weeks, Mr. LaSorda began a corporate odyssey that spanned the world and involved talks with at least 15 companies, including Toyota Motor Corp., Honda Motor Co. Ltd., Nissan Motor Co. Ltd., Magna International Inc., Volkswagen AG, Fiat SpA, GM and four car companies in China. During several months last year, Mr. LaSorda and a team of Chrysler executives were often pursuing half a dozen separate potential alliances at once, each involving different arrangements in... (Globe and Mail)
China Manufacturing Expands for Second Month, Adding to Signs of Recovery May 1, 2009
AU Optronics Corp., Nissan Motor Co. and this month all forecast higher sales to China. Signs that the Chinese economy is reviving because of the governments 4 trillion yuan ($586 billion) stimulus package include a 30 percent increase in in March from a year earlier. (Bloomberg -- Asia)
Fiat's Marchionne Hunts `White Elephants' After Sealing Chrysler Alliance May 1, 2009
Marchionne may emulate s purchase of Nissan Motor Co., Japans third-largest carmaker. Unlike Chrysler under Daimler, has kept significant autonomy and still helped its controlling shareholder cut costs through joint parts purchasing and by sharing some vehicle platforms. (Bloomberg -- Europe)
Toyota Leads 29% Drop in Japan April Vehicle Sales on Unemployment Surge May 1, 2009
May 1 (Bloomberg) -- and Nissan Motor Co., Japans largest and third-largest automakers, led a 29 percent drop in Japans auto sales last month as unemployment surged. Vehicle sales, excluding minicars, fell to 166,365 units in April, the Tokyo-based Japan Automobile Dealers Association said in a statement today. (Bloomberg -- Asia)
Asian Stocks Rise on Japan Output; MSCI World Set for Best Month Since '89 Apr 30, 2009
Gains by Nissan Motor Co. and Isuzu Motors Ltd. helped consumer-related companies post the biggest advance of the MSCI Asia Pacific Indexs 10 industry groups this month. Finance companies were the best performers on the MSCI World in that time as Goldman Sachs Group Inc. and Credit Suisse Group AG reported better-than-estimated earnings. (Bloomberg -- Asia)
Japan industrial output grows Apr 30, 2009
Employees of Nissan Motor Company work on the assembly line in Japan. The Ministry of Economy, Trade and Industry had predicted a slight turnaround for March and April. (CNN -- International)
Rising China Demand Means Asian Exporters May Be Past Worst of Trade Slump Apr 28, 2009
AU Optronics Corp., Nissan Motor Co. and this month all forecast higher sales to China. This is the start of something meaningful, said , a senior economist at HSBC Holdings Plc in Singapore. (Bloomberg -- Asia)
China brings hope, threat to global automakers Apr 20, 2009
By Chang-Ran Kim and Fang Yan Chang-ran Kim And Fang Yan. SHANGHAI (Reuters) Top auto executives projected sales growth of up to 10 percent this year in China, but this lone bright spot among the world's major car markets is also producing ambitious potential rivals to the global auto majors. (Yahoo News -- Top Stories)
Japanese Stocks Advance on Steelmaker Earnings Optimism, Toshiba Results Apr 18, 2009
6 percent to 2,825 yen, and Nissan Motor Co. leapt 9. 6 percent to 502 yen. (Bloomberg -- Japan)
Hows my driving? Ask my car Apr 18, 2009
Japan's Nissan Motor Co. even suggested that future cars could automatically sound an alarm and release "a stimulating mint fragrance" if they sense that the driver is dozing off. Click for related content. (MSNBC -- Technology)
Fanuc, J-Oil, Nintendo, Nippon Steel, Toshiba, Tokyu Livable; Japan Stocks Apr 17, 2009
Nissan Motor Co. (7201 JT) advanced 9. 6 percent to 502 yen. (Bloomberg -- Japan)
Plug-in cars goal hard to hit Apr 16, 2009
Toyota Motor Corp. will produce a few hundred plug-in Prius hybrids later this year as a test fleet, General Motors Corp. plans to release an extended range electric plug-in called the Chevrolet Volt in limited numbers in late 2010, and Nissan Motor Co. is planning to sell an all-electric car next year. Chrysler LLC, Ford Motor Co. and Daimler AG are all developing plug-ins and electric cars. (AZCentral -- Business)
Fiat to Chrysler: Cut costs or we walk Apr 16, 2009
Costs at Honda Motor Co. Ltd. and Nissan Motor Co. Ltd. plants in the United States are estimated to be about $40 an hour. Chrysler has already demanded that the CAW trim hourly labour costs by $19 (Canadian) to $55 to match what it pays UAW workers at its U.S. plants. (Globe and Mail -- Business)
Japanese Stocks Fall on U.S. Retail Sales, Stronger Yen; Brokerages Slump Apr 15, 2009
Nissan Motor Co., Japans No. 3 automaker, tumbled 5. 3 percent. (Bloomberg -- Japan)
Asian markets rise, others closed for holiday Apr 11, 2009
Nissan Motor Co. advanced 4. 9 percent and Sony Corp. added 4. (MSNBC -- Business)
Fast Retailing, Sharp, Nippon Mining, Isuzu, Sumitomo Mitsui: Japan Stocks Apr 10, 2009
Nissan Motor Co. (7201 JT), which was raised to buy from neutral at Nomura Securities, climbed 6. 4 percent to 518 yen. (Bloomberg -- Japan)
New electric car Oregon-bound Apr 9, 2009
Nissan Motor Co. signed a similar agreement in November to include Oregon among a handful of sites worldwide to pioneer electric vehicles, starting in 2010 with government and commercial fleets. Kulongoski test-drove a Nissan prototype in Portland on Monday. (OregonLive, OR -- Business)
Japan mulls cash for clunkers stimulus Apr 8, 2009
Other Japanese automakers, including Honda Motor Co., Nissan Motor Co. and Suzuki Motor Corp., are also struggling, although they are faring better than their American counterparts. The auto industry is such an important part of Japan, including a massive network of parts makers, that a boost in car purchases is likely to be effective as a perk for the ailing economy. (Orangeburg Times and Democrat, SC)
Earnings Freefall May Slow as Alcoa, Dow Chemical Show Signs of Recovery Apr 6, 2009
Honda Motor Co. and Nissan Motor Co., Japans three largest carmakers, probably all swung to losses in the first three months of the year as car demand plummeted globally. Toyota is facing its first annual loss in 59 years. (Bloomberg)
Mitsubishi raises output target for electric car Apr 5, 2009
General Motors Corp., Ford Motor Co. and Nissan Motor Co., are also planning electric vehicles. Governments in the U.S., Europe and Japan are offering or planning consumer incentives, such as tax breaks, for environmentally friendly vehicles. (Helena Independent Record, MT)
Mitsubishi ups e-car output target Apr 3, 2009
Mitsubishi raises output target for electric car- International Business-News-The Economic Times. International Business. (India Times)
U.S. Auto Sales Plunge but Bottom Seen Near Apr 2, 2009
By Poornima Gupta and Soyoung Kim April 1, 2009 FONT SIZE. DETROIT (Reuters) - U.S. auto sales fell 37 percent in March, a smaller-than-expected drop that encouraged hope that the world's largest car market is nearing a bottom after a freefall that has pulled the industry into a deepening crisis. (ABC News -- Wire)
Asian Markets Soar on U.S. Economic Figures Apr 2, 2009
Nearly every sector charged higher, with carmakers like Toyota Motor Corp. and Nissan Motor Co. rallying on U.S. auto figures that were less dismal than feared ... 1 percent and Nissan Motor Co. vaulting 12. (Time.com)
Output dives at Japan factories, car plants Mar 30, 2009
4 percent to 54,748 and number three Nissan Motor Co. was down 68. 8 percent to 43,885. (Yahoo News -- Top Stories)
Asian stocks tumble on auto, bank concerns Mar 30, 2009
Nissan Motor Co. slid 7. 2 percent and Honda Motor Co. sank 6. (Anchorage Daily News)
Japanese Anxious Over U.S. Auto Woes Mar 30, 2009
"A healthy U.S. auto industry is in the best interests of everyone," said Alan Buddendeck, corporate vice president of global communications at Nissan Motor Co., Japan's third-biggest carmaker ... 7 percent, and Nissan Motor Co. dived 7. (CBS News -- World)
Japan shares rise on upbeat US data Mar 26, 2009
Nissan Motor Co. added 1. 3 percent to 385 yen. (International Herald Tribune -- Sports)
Toyota Slashes Output 53%, Honda Cuts as U.S., European Auto Demand Slumps Mar 24, 2009
Output at Nissan Motor Co., Japans No. 3 carmaker, slid 51 percent. Toyota and other Japanese automakers widened production cuts to reduce their dealers inventories. (Bloomberg -- Asia)
Domestic Auto Sales May Decline to a 32-Year Low on Recession Next Year Mar 24, 2009
Nissan Motor Co., Japans third-largest automaker, yesterday said it expects domestic sales to rise next fiscal year on higher demand from the tax benefits. Vehicle sales excluding minicars may fall 9. (Bloomberg -- Japan)
No Place for Better Place in Nissan’s Latest Electric Car Infrastructure Plan Mar 24, 2009
Nissan Motor Co. and the Renault-Nissan Alliance, which signed on last year to supply cars and batteries for the Better Place network planned for Israel, has made yet another move to electrify the vehicle market. But if Nissan s latest play a partnership with Sempra Energy subsidiary San Diego Gas & Electric is a sign of deals to come between electricity companies and automakers, it leaves little room for go-between startups like Better Place, which aims to build out stations for charging and... (Salon)
