Nissan CEO Carlos Ghosn said in the past that self-driving cars would be on the road by 2020, but in a new speech Ghosn rolled back those expectations. Continue Reading...
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After experiencing a surge in sales last year, Nissan hopes to see its Leaf sales double within the near future. Continue Reading...
There will be an even hotter version of the cult-followed GT-R tuned by Nissan’s Nismo performance arm in the next 12 months. Continue Reading...
The first Pope to prioritize environmental issues, His Holiness Benedict XVI now has a Popemobile St. Francis of Assisi would approve of. Continue Reading...
Nissan CEO Ghosn: Rising Yen Could Force Production Out Of Japan, Electric Cars To Be Built In China
Nissan CEO Carlos Ghosn said that the Japanese government’s effort to keep the yen’s value under control had failed and that Nissan was strongly considering moving production out of Japan and into foreign countries. A weakened United States dollar has meant that the value of the greenback has shifted from 91 yen per dollar to… Continue Reading...
Nissan’s CEO, Carlos Ghosn reported back in late July that “with more than 10,100 electric Nissan Leaf vehicles already sold worldwide” the Japanese automaker is “clearly the global leader in zero emission mobility” but, these numbers were never verified. However, it has now been confirmed that Nissan has officially topped the 10,000-unit milestone globally. Nissan spokeswoman Katherine… Continue Reading...
Infiniti may develop its own version of Nissan’s famous GT-R sports car. Carlos Ghosn, CEO of Renault and Nissan was asked if Infiniti would tap into the existing products through Nissan and use the brilliant GT-R sports car platform for a high- performance Infiniti. ‘Are we going to do that, I would say “no”, I… Continue Reading...
Nissan has emerged from the global economic downturn as a powerhouse, quietly growing but without grabbing headlines like Ford or Hyundai have. Now the Japanese automaker has unveiled a new business plan titled “Nissan Power 88″ that aims to grow its share of the global market to 8 percent, while bringing operating profit to a… Continue Reading...
CEO Carlos Ghosn has set a lofty goal for Nissan: capture 10% of the total American car market in the next 4 years. Right now in the first five months, Nissan and Infiniti have sold 8.2% of all cars in America, or about 433,032 vehicles. Nissan aims to sell over 1 million vehicles in the… Continue Reading...
In an official press release, the Renault-Nissan Alliance stated that the office will “build staff organically,” to focus on specific projects and business developments as they emerge.” Continue Reading...
Nissan and Renault are planning to officially combine into one automaker, solidifying a partnership between the Japanese and French companies that has existed since 1999. Or at least, they were planning to do so according to a report by Japan’s Nikkei, that quoted company CEO Carlos Ghosn. Today, however, both automakers are refuting that claim…. Continue Reading...
Having left Japan just one day before the tsunami-inducing earthquake wreaked havoc, a large shipment of Nissan LEAF Battery Electric Vehicles (BEV) has just arrived in Long Beach, Calif. Nissan’s Luna Spirit vehicle-carrying transport ship was safely on the open ocean when a 500 MPH wave passed under it, at about 3-inches high. About a… Continue Reading...
Renault is admitting that is wrongfully dismissed three executives accused of corporate espionage, saying it has found no evidence to support the allegations made. Carlos Ghosn, Renault’s CEO, met with the three and promised compensation for their erroneous termination. Renault had accused the executives of holding illicit bank accounts in Switzerland and Lichtenstein, but their… Continue Reading...
Days after Renault fired three men and pressed criminal charges on them for allegedly attempting to sell electric car secrets overseas, CEO Carlos Ghosn is facing a disturbing lack of evidence, embarrassing Renault into reconsidering its accusations. The entire dramatic episode is becoming a farce—like BP during the Gulf oil spill, Renault may be faced… Continue Reading...
Carlos Ghosn, head of Renault-Nissan, offered a series of very optimistic forecasts regarding electric vehicles during a recent interview with Bloomberg TV, while stating bluntly “There are customers who want really zero emission cars.” Ghosn predicted that 10 percent of auto sales in the year 2020 will be comprised of zero emissions vehicles, and Nissan… Continue Reading...
Carlos Ghosn has been re-elected to serve as CEO and Chairman of Renault for another four years. In a prepared statement, the company announced that “Renault’s board of directors has re-elected Carlos Ghosn as Chairman and Chief Executive Officer for a four-year period, following the renewal of his directorship by the Annual General Meeting of… Continue Reading...
The Infiniti G will in fact be powered by a 4-cylinder engine in the future says company CEO Carlos Ghosn, and that four-banger will come from Mercedes. Earlier this week when Mercedes parent company Daimler and Renault/Nissan announced a new partnership, the deal included the use of both 4-cylinder and V6 Mercedes powerplants in Infiniti… Continue Reading...
At a press conference earlier today a new partnership between Mercedes parent company Daimler and Renault/Nissan was announced that will see all three automakers working together to develop new products, while reducing overall costs. The partnership will see the German, French and Japanese automakers work together on future small car projects, engines and commercial vehicles…. Continue Reading...
German automaker Daimler AG and French car manufacturer Renault have reportedly agreed on a new business strategy that will see both parties create a global small-car alliance, sharing development costs and technology. Details of the deal are set to be announced tomorrow in Brussels with Daimler CEO Dieter Zetsche and Renault-Nissan Boss Carlos Ghosn taking… Continue Reading...
Somehow Nissan will bring a successor to the Titan pickup truck to market, although it’s not known how or when. In an interview with InsideLine, Nissan CEO Carlos Ghosn said that the Titan will remain. “”Titan will have a replacement,” he said. “We are staying in the large pickup truck market.” The next Titan was… Continue Reading...
Nissan President Carlos Ghosn has confirmed that the automaker is getting ready to bring several electric vehicles to market, including one sold under the Infiniti brand. Ghosn made the announcement at the Tokyo Auto Show, where the brand officially unveiled the Nissan Leaf electric car as well as the strange Land Glider concept, which is… Continue Reading...
Nissan has just unveiled a new zero emissions vehicle that is slated to go on sale in Japan, Europe and the United States next year. Called the LEAF, this C-segment (sub-compact) car is powered by an electric motor and lithium-ion battery packs. Nissan says it will be able to drive 100 miles on a single… Continue Reading...
With the original forecast being a $1.76 billion profit, Nissan CEO Carlos Ghosn has just announced that the company will actually see a loss for the past fiscal year – to the tune of $2.91 billion. Ghosn cited Nissan’s problems as being three-fold: the current credit crisis, the worldwide recession and the strengthening yen. To… Continue Reading...