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...But it also remains the world’s biggest carmaker by sales and is raking in record profits while taking advantage of renewed demand for its existing products, such as hybrids....
...Following months of delay, Nissan released a business plan on Monday addressing how a carmaker of its size — with relatively small annual sales of fewer than 4mn vehicles — would finance the costs of new...
...From the early days of their establishment, Nissan and Honda have taken very different paths to growth....
...Share prices reflect the differing positions of the carmakers. Shares of Toyota have doubled in the past year and trade at 11 times forward earnings, about double that of Nissan....
...for export to the world’s automotive heartlands....
...the world’s riskiest borrowers, according to S&P Global Ratings....
...Nissan is betting big on the UK. The Japanese automaker announced on Friday it will make a fresh investment of up to £2bn ($2.5bn) in its British electric car operations. Its timing is opportune....
...Nissan has committed to selling only electric vehicles in Europe by the end of the decade. In September, Uchida said the world “needs to move on” from combustion engines....
...Uchida said in September on a visit to the UK that the world “needs to move on” from combustion engines after the British government’s decision to delay the phaseout of the sale of petrol cars from 2030...
...Nissan chief executive Makoto Uchida, whose carmaker has two plants in the US and who previously said “the world needs to move on” from internal combustion engines, said that the measures helped drive EV...
...The boss of Nissan has warned that the world “needs to move on” from engine-driven vehicles, in a rebuke to the UK’s decision to delay a phaseout of petrol and diesel car sales....
...The boss of Nissan has warned that the world “needs to move on” from the internal combustion engine days after UK prime minister Rishi Sunak delayed a ban on the sale of new petrol and diesel cars....
...Nissan....
...The last thing I bought and loved was my 2003 Nissan Patrol GRX, which I first drove when I was working on a portrait series of Boy Scouts in Liberia in the early 2000s....
...Analysts say, however, the challenges Nissan faces in the world’s largest car market go far deeper than the changes caused by the shift to electric vehicles....
...As part of the deal, Renault will transfer 28.4 per cent of its shares in Nissan into a French trust, where the voting rights will be “neutralised” for most decisions....
...UAW president Shawn Fain has said that he plans to organise more than two dozen additional auto plants across the southern US, including a Toyota plant in Missouri and a Nissan one in Mississippi....
...Nissan has been shaken by a bitter clash within its top leadership that led to the exit of one of the strongest opponents of the terms under which the Japanese group is seeking to rebalance its capital tie-up...
...Chinese group Envision, which supplies Nissan’s batteries, is also part of the investment. For up-to-the-minute news updates, visit our live blog Good evening....
...Chinese EV battery makers account for more than two-thirds of the world’s supply. The world’s largest maker, China’s Contemporary Amperex Technology Co (CATL), has a 37 per cent share of the market....
...Nissan, this week, announced a 10 per cent pay rise for its US factory workers from the start of next year....
...Today’s top stories Nissan chief Makoto Uchida warned that the world “needs to move on” from the internal combustion engine, days after UK prime minister Rishi Sunak delayed a ban on the sale of new petrol...
...Other things are, of course, happening in the rest of the world, many of them involving the build-up to other votes in this year of democracy....
...from Nissan and BMW....
...Join leaders from Peugeot, Nissan, BYD, Jaguar Land Rover and others at the FT Future of the Car summit in London from May 7-9....
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