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...Renesas, which is one of the leading suppliers of chips to the world’s car industry, including Japan’s Toyota and Nissan, has been pushing to diversify and add scale in the aftermath of supply chain stresses...
...Last month, Nissan stunned investors by announcing that Gupta would not be renominated to its board....
...Four of the five big carmakers with UK plants — BMW, JLR, Nissan and Stellantis — have committed to new electric models in the past year, while Toyota recently said it was weighing up further UK investments...
...“Nissan needs to be prepared to be more adaptable and nimble as disruption has become the watchword of the industry.”...
...Shares of Toyota have doubled in the past year and trade at 11 times forward earnings, about double that of Nissan. Shares of Honda are up 60 per cent while Nissan is up a quarter....
...Shares in Honda rose 1.7 per cent while Nissan jumped 3.2 per cent ahead of Friday’s announcement....
...Nissan will benefit from having a large production base in the region....
...Nissan’s factory is the largest car plant in the UK....
...Prime Minister Rishi Sunak is expected to visit the site on Friday for the announcement, which will be made by Nissan chief executive Makoto Uchida. Nissan and the UK government declined to comment....
...Nissan is preparing a new strategy for later this year....
...Last week, as Nissan finally reached a historic deal with Renault to reset their troubled alliance, the subtext was clear....
...Ministers have pledged hundreds of millions of pounds of state support to international carmakers in recent years for an array of projects, including a battery gigafactory for JLR and new electric models from Nissan...
...We had to debate about the future,” Nissan’s chief executive Makoto Uchida said....
...“Nissan created a lot of damage for me — damage that cannot be repaired. The only thing I can obtain is a small compensation for the damage,” Ghosn said....
...Krueger, who previously worked at BMW and Nissan’s Infiniti brand, took over at Dyson in the early months of the pandemic, later overseeing a return-to-work policy that caused resentment among some staff...
...That was all part of Geely’s long-term ambition, he said, to become a “top ten” global automotive participant and sell more than 4mn cars a year, something that would see it become larger than Nissan, Mercedes-Benz...
...Nissan says it might also draw inferences about psychological trends, behaviours, attitudes and intelligence....
...Nissan says investigations into the situation are ongoing....
...After a 5 per cent gain on Friday, Nissan’s share price is up by nearly a third this year. Toyota and Honda joined in the rally....
...Nissan, meanwhile, has struggled to adapt to change in China....
...Nissan and Renault’s combined annual capacity stands at about 500,000 units....
...Nissan’s chief executive has warned that the rapid pace of production of Chinese carmakers is piling pressure on international manufacturers as they struggle to compete for market share....
...Plus, the FT’s Tokyo bureau chief Kana Inagaki explains why Nissan’s focus on regaining ground in China might be a bit of an uphill battle....
...As well as offering battery-only vehicles such as the Nissan Leaf and Ariya, and hybrid models that use Renault technology, Nissan has “e-power”, which relies on a petrol engine to charge its battery that...
...Renault will over time trim its 43 per cent stake in Nissan to 15 per cent, while Nissan will gain voting rights for its own 15 per cent holding in Renault....
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