Nissan
132 articles in this category
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“It’s an interesting question because there is a lot of passion people this vehicle. This vehicle is still very alive but at the same time it is in a segment that is gradually declining, so that is making the [business] case more difficult," said Philippe Klein, Nissan's chief planning officer when asked about a successor to the 370Z back in October. “We have also the GT-R, with which we still believe there is some good potential from this, and we are in the same category starting to make a
Never gonna give you up, never gonna make you cry
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Today in a Tokyo courtroom, former Nissan chairman Carlos Ghosn arrived for a hearing to have an explanation of why he is being detained. The hearing also allowed Ghosn and his team of lawyers to make their case against the various charges brought against him. Since November 19th, Ghosn has been in detention on violating various financial rules including failing to report 5 billion yen (about $44 million) from the 2010-2014 fiscal years. Ghosn's lawyers got their day in court via a "ra
His first appearance since being arrested back in November
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More bad news has hit Nissan. The automaker is planning to cut as many as many as 700 workers from their Canton, Mississippi plant - home to the Frontier, Titan, NV Van, Altima, and Murano. Lloryn Love-Carter, a Nissan spokeswoman told Bloomberg that Nissan will be eliminating one shift of Titan and Frontier, along with cutting a shift of the NV Van line. "All direct employees will retain their jobs and only contract workers will be dismissed, she said by phone." "When you look at where the
Effects those working on the Titan, Frontier, and NV Van lines
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"Since the arrest former Nissan chairman Carlos Ghosn last month, various reports have come out revealing the strained relationship between Nissan and its alliance partner, Renault. It has also brought up questions as to whether or not Nissan decided to 'push' Ghosn out by using the misuse of corporate assets as the reason. A new report from The Wall Street Journal is only stoking those fires. Sources tell the paper that Ghosn was planning to "shake up the senior management ranks at Nissan"
But that would not happen
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Now it is official. Carlos Ghosn has stepped down as chairman and CEO of Renault late on Wednesday. The announcement was made this morning by French Finance Minister Bruno Le Maire in an interview with Bloomberg television. "Carlos Ghosn just resigned last night. Now it's time to define and put a new governance in place," said Le Maire. Renault's board of directors have decided on making outgoing Michelin CEO Jean-Dominique Senard as chairman, and promoting Thierry Bollore as CEO durin
And the final shoe drops...
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Nissan finds itself in trouble once again as it admitted today that it had improperly measured exhaust emissions and fuel economy for 19 models sold in Japan. According to Reuters, Nissan found that test environments for emissions and fuel economy at final inspection stations didn't meet up to standards. Nissan also found that inspection reports were be based on altered measurements. The automaker was quick to point out this misconduct doesn't affect models exported to other markets "as it
Affects models sold in Japan only
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Carlos Ghosn, the person credited with saving Nissan from total collapse and bringing it together with Renault and Mitsubishi finds himself in very hot water. Today, Ghosn was detained by Japanese authorities in Tokyo over the suspected breach of Japanese financial laws. During a press conference this morning, Nissan CEO Hiroto Saikawa explained that Ghosn under-reported his income and used corporate assets for personal use. Another executive, Greg Kelly (Nissan's director of human resources
A fall from grace for the person who helped bring back Nissan
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Nearly a decade ago, Nissan launched an ambitious assault on the U.S. commercial van market with the launch of their NV vans. It started with the Titan-dervived, body-on-frame NV1500/2500/3500 vans. This was followed by the unibody NV200 van, which was for a time the "Taxi of Tommorow" in New York City. But Nissan is reportedly throwing in the towel. Automotive News has learned from a source that it will end production of their commercial vans. No time frame was given. "We don't want t
NV possibly now means "Never Vanning"
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Another Nissan exec who is in hot water resigned suddenly today. Jose Munoz is Nissan's Cheif Performance officer. He and Arun Bajaj, Nissan's Senior Vice President for Human Resources took leaves of absence one week ago. Both men are considered loyal to Carlos Ghosn, leader of the Renault-Nissan-Mitsubishi Alliance, who is currently jailed in Japan on multiple corruption charges. Nissan has moved to oust Ghosn after his arrest. We will update this story as more details emerge.
Munoz is considered loyal to Ghosn.
- Editor-in-Chief
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Japanese journalists await Carlos Ghosn who was expected to be released from Jail on bail after the Tokyo court granted the bail request. Ghosn lawyer's office said it would be near impossible for him to be released the same day due to an appeal by the prosecutor's office. Ghosn was granted bail set at $1 billion yen or equal to $9 million US at today's exchange rate. Ghosn is 64 and head of the auto alliance of Nissan Motors, Mitsubishi Motors, and Renault. He was arrested in 2018 on suspi
Carlos Ghosen leaves jail disguised as a Japanese laborer on bail.
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The past year is one that Nissan would like to forget. Their former CEO is arrested and then escapes to Lebanon. Shareholders are angry at the new leadership. Sales have been cratering and other issues. But the automaker is trying to get itself out of the hole by launching 10 new models in the next 20 months. The next model has been revealed this week - the 2022 Ariya EV. A compact SUV, the Ariya certainly looks futuristic with distinctive sculpting along the side, new "shield"-style front i
Will Be Arriving in the U.S. Late Next Year with a $40,000 Price tag
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The latest CEO at Nissan, Hiroto Saikawa, is out-of-office permanently as of September 16th after yet another financial scandal rocks the company. Saikawa is the second Nissan CEO to be tainted by financial misconduct allegations. Allegedly, Saikawa received improper payments with regards to the sale of Nissan stock. The payments were after the date of the sale of the stock was altered and netted Saikawa additional hundreds of thousands of dollars. Saikawa has not yet been charged with a
**waves bye**
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Carlos Ghosn has been sitting in a Japanese jail cell since mid-November on charges financial violations, including under-reporting compensation. It is unclear what awaits him in the coming months, but he believes that his downfall is due the result of "plot and treason" by Nissan executives opposed to plans of a merger between Nissan and Renault. Today, the Nikkei Asian Review published an exclusive interview with Ghosn from the detention center he is currently being held at. This is quite
"[Have I] done [something] inappropriate? I am not a lawyer, I don't know the interpretation of [such] facts."
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At the Tortuga Music Festival in Ft. Lauderdale Florida yesterday, Nissan unveiled the all-new 2020 Nissan Versa. Nissan packed technology usually reserved for higher end cars into the low-cost Versa including Nissan's Safety Shield 360. Safety Shield 360 includes: Nissan Intelligent Mobility that helps provide front, side and rear safety monitoring and intervention technologies. Standard safety features include Automatic Emergency Braking with Pedestrian Detection
...Nissan is showing that not all small cars are dead...
- Editor-in-Chief
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The current generation of Nissan Armada came out in 2016 for model year 2017. As we're already into the 2020 model year it seems it was about time for a refresh. Someone in Saudi Arabia snapped shots of a Nissan Patrol, the same vehicle as the Armada, and leaked them out on Facebook. Nissan's big body-on-frame SUV gets some updated headlights and updated grille. It could just be the angle, but the hood looks more horizontal and the lower side air inlets are a different shape. Around back
...Time for a refresh...
- Editor-in-Chief
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The Jeep Gladiator is new. While it is based on older underpinnings and a somewhat dated interior, the Ford Ranger is the second newest truck in the U.S. market. Behind that is the just-refreshed but still on an older chassis Toyota Tacoma, that is getting a new platform in a few years. Behind that is the Honda Ridgeline. Behind that are the GM twins of Colorado and Canyon which came out in 2012. And finally, behind those two, the oldest small/midsize truck is the Nissan Frontier, trucking on
...the oldest small truck on the market is about to get a redesign...
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After Nissan having a heavy hand in helping to scuttle the potential merger between Renault and FCA, Renault is getting payback by helping to block corporate reforms Nissan is attempting to put in place after the arrest of Carlos Ghosn and poor financial performance by the company. Nissan and Renault are fighting because Nissan abstained from the vote on whether to merge, and following that, the French government did as well. Without the cooperation of the French government, FCA pulled out of
...refuses to vote in Nissan management reform...
- Editor-in-Chief
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Nissan has announced a date for the next version of the Nissan Titan. The refresh for the 2020 Model year will be unveiled on September 26th. It is said to include a new "hot" Nissan badge with lava red accents featured on the PRO-4X model. Not much to be seen from the teaser picture, but it shows a revised grille with new headlights which include a C-Shaped running light, new front bumper, fog lights, and more visible tow hooks. Also expect a new tail gate and a revised center stack and
...ready for a face lift...
- Editor-in-Chief
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Yesterday we reported that Nissan may be cutting up to 10,000 jobs.... we were short by about 2,500. Nissan Motor Company's CEO Hiroto Saikawa said "The results were really more negative than we expected" in a financial briefing at Nissan Headquarters. Operating profit was nearly wiped out, falling to just $14.8 million in the first fiscal quarter ending June 30th. Operating margin shrank from 4.0 percent last year to barely 0.1 percent this year. Global retail volume fell 6.0% to 1.23 millio
...Profit margin shriveled to 0.1 percent...
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Nissan is forcing employees to go without pay for two days at the beginning of January 2020 by remaining closed on the 2nd and 3rd of January. The move equates to a 9.2% pay cut for those paid monthly. In addition to the pay cuts, Nissan is cutting travel expenses by half effective immediately. All of Nissan's US operations, including Infiniti an Nissan Motor Acceptance Corp, the company's in house financing unit are included in the shut down. Nissan has been plagued with falling sales in
...plummeting sales are to blame....
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Nissan has debuted the 2020 Nissan Patrol for the Middle East. We had gotten a preview when the Nissan Patrol leaked out on Facebook a few weeks ago. The Nissan Patrol is known as the Nissan Armada in the U.S., however we will not get this update until at least the 2021 model year as the 2020 Armadas are already on dealer lots. Overall, the Patrol's formula remains the same, a chiseled, upright SUV with a posh interior and real off-road chops. It takes on the company's V-Motion gril
...Not in the US for 2020, but soon...
- Editor-in-Chief
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The Nissan Versa once held the dubious title of being the cheapest new car you could buy. Now, with the all new 2020 Nissan Versa, Nissan hopes to bring the sub-compact a little bit more premium and with that the Versa goes up in price. Now coming only in a sedan (The Kicks has replaced the Versa Note), the Versa wears one of the more stylish exteriors for the sub-compact class. The engine is a next generation 1.6 liter 4-cylinder, with an increase in horsepower to 122. Fuel economy is rated
...No longer the cheapest you can buy...
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When it comes to electric vehicles, Telsa takes nearly all of the headlines, but Nissan has been quietly selling the Leaf since 2010, two years before the Tesla Model S came to market. Now, Nissan wants some of its thunder back and is working on a dual motor prototype of the Leaf e+. The motors are set up at each axle and provide a combined output of 304 hp and 501 lb.-ft of torque. The regular Leaf e+ has 214 horsepower and 251 lb.-ft of torque and gets to 62 mph from a stop in 6.9 seconds,
...Looking to take on Tesla?...
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Nissan unveiled the Nissan Sylphy at the Shanghai Auto Show earlier this month and spies have caught it in the US virtually confirming it will be coming to the US as the next generation Nissan Sentra. Looking like a mini-Nissan Altima, Nissan says the chassis is now much stiffer and they have gone and improved the suspension and steering feel. The interior has been made to look much more luxurious with quilted seats and a slicker looking dashboard. The infotainment system is a 8-inch
...Just change the name...
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There's one disadvantage to being partially owned by the French, they know how to cut things off when they need to. We reported last week that due to lagging sales and plunging profits, Nissan was readying to layoff 12,500 employees globally, or 9% of their global workforce. It seems that other cuts are on the way as well, though we may not see as much of it here in the U.S. Along with the 9% cut in jobs will be around 10% of its global lineup as well. First to go will be the low-end model
...It's not just employees that will be leaving Nissan...
- Editor-in-Chief
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Nissan is known for their Zero Gravity Seats found in many of their vehicles, some of the most comfortable cars seats I've found in the industry. Nissan took that experience and applied it to three gaming chair concepts aimed at the gaming crowd. First of the three is a chair based on the Nissan GT-R Nismo (shown above). It's made from carbon fiber and aluminum and shaped like a racing seat. The soft areas are covered with a red leather and synthetic suede surfaces. My personal favori
...few people do seats better than Nissan...
- Editor-in-Chief
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A little over a week ago we told you that Nissan was going to start cutting parts of its model lineup. Some of the low hanging fruit for Nissan are the variants of the Nissan Titan. Nissan Titan sales are down 22.6 percent, selling only 18,026 copies in the first half of 2019. The biggest news is that Nissan will be killing off the Cummins diesel option for the Titan XD. The 5 liter turbocharged V8 produces 310 horsepower and 555 lb-ft of torque. For 2020, the Titan XD will be powered so
...early cuts for next year...
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At the Texas State Fair today, Nissan debuted the updated 2020 Nissan Titan. The 2020 Titan features a bold new grille and light designs that help differentiate the various trim levels of the truck. Inside on the redesigned center stack is a new 9-inch diagonal touchscreen infotainment system with built in Wifi router. The infotainment system also features Android Auto and Apple Car Play. Safety features include Nissan Safety Shield 360, standard on all grades of truck. The Titan will come in Ki
...claims best in class base horsepower...
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Nissan is releasing the next version of ProPilot in Japan in the fall of 2019 on the new Nissan Skyline (Infiniti G50 to us Yanks), but here in the U.S., we'll need to wait a bit longer while the system undergoes further testing and mapping of the US highway system. ProPilot 2.0 makes a big jump in autonomous driving capability, the biggest of which is true hands-off highway driving. The system can switch lanes and pass cars, but those moves require a hands on approach from the driver. ProP
...awaiting more testing in the US...
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Rumor has it that that Nissan is about to report that its first-quarter profit fell by nearly 90%. Nissan has yet to recover from the financial scandal caused by Carlos Ghosn. Additionally, years of chasing volume over profits in the U.S. has damaged the brand, requiring heavy discount and cheap financing to move metal. Investors are also worried that the alliance with Renault is breaking down. Friction with France's Renault over the failed merger with Fiat-Chrysler Automobiles has brought ten
...as profits plummet, job huge job cuts could be coming...
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A Nissan executive who has declined to be identified is upbeat about the possible FCA-Renault merger according to a report by AutoBlog. The deal, estimated at about $35 billion, would not give FCA the right to use Nissan technology via the Nissan-Renault alliance. The executive said he was optimistic about possible synergies of using Nissan's green and electric vehicle know-how in other vehicles. He also raised the possibility that Nissan could increase its stake, currently 15%, in Renaul
...as long as the price is right....
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In what is being called a highly unusual turn, Japanese prosecutors have arrested Carlos Ghosn again while he was out on bail on suspicion of trying to enrich himself at Nissan's expense. Ghosn has called on the French government for help. Ghosn was free on $9 Million bail at the time. Prosecutors say that Ghosn had caused over $5 million in losses at Nissan Motor Co in a breach of his legal duties to the company with the goal of personal gain. The losses come from the alleged shifting of
....back behind bars for the ex-Nissan CEO...
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