Nissan CEO Ghosn: Rising Yen Could Force Production Out Of Japan, Electric Cars To Be Built In China

Nissan CEO Ghosn: Rising Yen Could Force Production Out Of Japan, Electric Cars To Be Built In China
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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 Leaf Surpasses 10,000 Units Sold

Nissan Leaf Surpasses 10,000 Units Sold
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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 GT-R Variant

Infiniti May Develop GT-R Variant
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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 to Launch One New Model Every Six Weeks for Six Years

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Nissan to Launch One New Model Every Six Weeks for Six Years
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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...

Nissan Aims To Capture 10% Of US Car Market By 2015, Says CEO

Nissan Aims To Capture 10% Of US Car Market By 2015, Says CEO
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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...

Renault-Nissan Open Silicon Valley Research Office

Renault-Nissan Open Silicon Valley Research Office
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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, Renault to Form World’s Fourth Largest Automaker; Or Not

Nissan, Renault to Form World’s Fourth Largest Automaker; Or Not
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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...

First Substantial Shipment Of Nissan LEAFs Arrives In US

First Substantial Shipment Of Nissan LEAFs Arrives In US
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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 Admits Wrongdoing In Spy Case, Executives Exonerated

Renault Admits Wrongdoing In Spy Case, Executives Exonerated
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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...

Was Renault’s Spygate a Hoax?

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Was Renault’s Spygate a Hoax?
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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...

Electric Cars Profitable Within 3 Years: Nissan CEO Carlos Ghosn

Electric Cars Profitable Within 3 Years: Nissan CEO Carlos Ghosn
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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 Re-Elected As Chairman/CEO Of Renault For Four More Years

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Carlos Ghosn Re-Elected As Chairman/CEO Of Renault For Four More Years
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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...

Report: Infiniti G to Get Mercedes 4-Cylinder

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Report: Infiniti G to Get Mercedes 4-Cylinder
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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...

Daimler, Renault/Nissan Alliance Confirmed With Focus on Small Cars, Engines

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Daimler, Renault/Nissan Alliance Confirmed With Focus on Small Cars, Engines
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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...

Report: Daimler, Renault Team Up for Small Car Alliance

Report: Daimler, Renault Team Up for Small Car Alliance
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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...

Report: Titan Will Live On Without Chrysler, Says Nissan CEO

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Report: Titan Will Live On Without Chrysler, Says Nissan CEO
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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...

Tokyo 2009: Infiniti to Get Stylish, High Performance Electric Car Says Comany President

Tokyo 2009: Infiniti to Get Stylish, High Performance Electric Car Says Comany President
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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...

Breaking: Nissan Launches ‘LEAF’ Electric Car

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Breaking: Nissan Launches ‘LEAF’ Electric Car
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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...

Nissan Layoffs to Top 20,000 Over the Next Year

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Nissan Layoffs to Top 20,000 Over the Next Year
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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...