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Nissan Motor Co Ltd (NISA.HM)

2.0780

+0.0175

+(0.85%)

As of 8:01:01 AM GMT+2. Market Open.

Nissan abandons plan for $1.1 billion EV battery plant in southern Japan

TOKYO (Reuters) -Nissan Motor said on Friday it would abandon a plan to build a $1.1 billion factory for electric vehicle batteries on Japan's southwestern island of Kyushu, marking the latest change of plans for the troubled automaker. Japan's third-biggest automaker had announced in January the plan for a lithium iron phosphate (LFP) battery plant in the city of Kitakyushu that was set to create about 500 jobs with an investment of 153.3 billion yen ($1.05 billion). "Nissan is taking immediate turnaround actions and exploring all options to recover its performance," the company said in a statement on the decision, indicating a willingness at Nissan to scale back its domestic market ambitions.

Reuters 10 hours ago

NSANY
Mitsubishi to launch Nissan Leaf-based BEV in North America

OEM agreement scheduled to begin in 2026.

Just Auto yesterday

MMTOY

NSANY
Toyota Sees $1.3 Billion Profit Hit in Two Months on Tariffs

(Bloomberg) -- Toyota Motor Corp. said US President Donald Trump’s tariffs will result in a ¥180 billion ($1.3 billion) hit to operating income in just two months, with the Japanese carmaker joining a growing list of companies grappling with the fallout of trade turmoil.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterVail to Borrow Muni Debt to Ease Ski Resort Town Housing CrunchIs Trump’s Plan to Reopen the Notorious Alcatraz Prison Realistic?Iceland Plans for a

Bloomberg yesterday

TM

TOYOF

HMC
Automaker owned by Taiwan's Foxconn to make EVs for Japan's Mitsubishi Motors

Foxtron, an automaker partly owned by Taiwan iPhone manufacturer Hon Hai Technology Group, and Mitsubishi Motors of Japan said Wednesday they have agreed to develop an electric vehicle to be sold in Australia and New Zealand. Hon Hai, also known as Foxconn, is one of a growing number of technology companies that are leveraging their knowhow in electronics and communications to try to break into the EV market, snapping up links in the automotive supply chain. Foxtron is a joint venture between Hon Hai and Taiwan's Yulon Motor Co. Yulon makes Nissan vehicles under license.

Associated Press Finance 2 days ago

HNHAF

MMTOY

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UK's best-selling cars revealed

These are the top 10 best-selling cars in the UK in April.

Yahoo Finance UK 2 days ago

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BMWKY

BYMOF
Nissan Canada partners with Wallbox on home charging solution for EVs

Nissan EV owners in Canada can now purchase Wallbox’s Pulsar Plus home charger.

Just Auto 6 days ago

NSANY
Standard Motor Products Inc (SMP) Q1 2025 Earnings Call Highlights: Record Sales and Strategic ...

Standard Motor Products Inc (SMP) reports robust sales growth and successful acquisition integration, despite facing tariff uncertainties and increased operational costs.

GuruFocus.com 8 days ago

SMP

NSANY
How Tesla, Mercedes-Benz and a mattress maker turned Trump tariffs into a sales pitch

Tesla, Nissan, and makers of products as diverse as children’s lunch boxes and luxury mattresses are among the businesses urging shoppers to...

PREMIUM
Financial Times 8 days ago

AMZN

MBGAF

MBGYY
Nissan to ‘halt production’ at China’s Wuhan plant

The Wuhan plant manufactures Ariya electric vehicle and X-Trail SUV, but is challenged by Chinese competitors.

Just Auto 10 days ago

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Nissan wants to end vehicle production at Wuhan plant, sources say

TOKYO (Reuters) -Nissan Motor wants to end vehicle production at its Wuhan plant in China by March 31, 2026, two sources with knowledge of the plan said. The decision comes after the operation rate at the 300,000 vehicle capacity plant, which produces the Ariya electric vehicle and X-Trail SUV, fell off amid stiff competition from Chinese automakers, the Yomiuri newspaper reported earlier. Nissan declined to comment on the report.

Reuters 13 days ago

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Nissan’s global vehicle sales fall by 3.4% in March

FY2024 global sales fall 4.3%, reflecting weak demand in China and Europe.

Just Auto 14 days ago

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Nissan expects net loss of up to JPY 750 bn in FY2024

Higher expected net loss reflects higher impairment costs.

Just Auto 14 days ago

NSANY
Nissan's shares rise after restructuring loss heralds turnaround

TOKYO (Reuters) -Nissan saw its shares rise almost 2% on Friday after it flagged a record loss due to a massive reduction in the value of its assets and hefty restructuring fees - costs that appeared aimed at clearing the decks for a badly needed turnaround. Japan's third-largest automaker is fighting to win back market share after declining sales in major markets such as the United States and China. At the same time, it is significantly exposed to U.S. import tariffs on foreign-made cars given that the U.S. is its biggest market and many of the vehicles it sells there are made in Japan or Mexico.

Reuters 14 days ago

NSANY
Nissan revises down its earnings forecast with bigger losses

Nissan expects to rack up a loss totaling 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for the fiscal year through March because of declining sales and the losing value of its assets, the embattled Japanese automaker said Thursday. Nissan Motor Corp. was already expecting red ink, but the projected loss for the year was previously lower at 80 billion yen ($561 million). Nissan, which makes the Altima mid-size sedan and Infiniti luxury models, reports earnings results May 13.

Associated Press Finance 14 days ago

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Nissan Expects Roughly $5 Billion Net Loss From Impairments, Restructuring Costs

Nissan Motor estimated billions of dollars in net loss for the fiscal year ended March due to impairments and restructuring expenses.

The Wall Street Journal 14 days ago

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Nissan sees record loss of up to $5.26 billion as restructuring bites

TOKYO (Reuters) -Nissan Motor sees a record net loss of 700 billion yen to 750 billion yen ($4.91 billion-$5.26 billion) for the financial year that ended in March, it said on Thursday, due to impairment charges as the struggling automaker restructures. It would be the company's largest ever loss and comes as new CEO Ivan Espinosa attempts to turn around Japan's third largest automaker, which is cutting jobs, reducing capacity and closing plants. Nissan booked impairments of more than 500 billion yen in North America, Latin America, Europe and Japan after reviewing production assets with additional restructuring costs to total more than 60 billion yen.

Reuters 15 days ago

NSANY
Nissan unveils all-new plug-in hybrid pickup at Auto Shanghai

Frontier Pro scheduled to go on sale in China in late 2025.

Just Auto 15 days ago

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Nissan to spend $1.4 billion in China, ditching 'slow' response to fast market

Nissan Motor will invest an additional $1.4 billion in China, where it believes it is on track to reverse a punishing slide in sales with the launch of some 10 new vehicles in the coming years, its China chief said on Wednesday. "We have been sort of slow in approaching the market with China moving so fast," said Stephen Ma, who shifted from Nissan’s chief financial officer to take charge of its China operations at the start of the year. Nissan sold fewer than 700,000 vehicles in China in 2024, less than half of what it sold just four years earlier.

Reuters 16 days ago

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Factories to lay off staff ‘within months’ unless Starmer closes US trade deal

Factory owners will be forced to begin laying off staff within “months” unless Sir Keir Starmer can strike a trade deal with Donald Trump, MPs have been warned.

The Telegraph 16 days ago

NSANY
Nissan nominates 4 new board candidates after exec shakeup

New CEO Ivan Espinosa is among the recommended director appointments after the automaker overhauled its executive leadership team to lead its turnaround.

Automotive Dive 17 days ago

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Performance Overview

Return	NISA.HM	Nikkei 225 (^N225)
YTD	-29.95%	-5.99%
1-Year	-39.29%	-1.50%
3-Year	-148.30%	+42.49%

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Nissan Motor Co Ltd (NISA.HM)

Nissan abandons plan for $1.1 billion EV battery plant in southern Japan

Mitsubishi to launch Nissan Leaf-based BEV in North America

Toyota Sees $1.3 Billion Profit Hit in Two Months on Tariffs

Automaker owned by Taiwan's Foxconn to make EVs for Japan's Mitsubishi Motors

UK's best-selling cars revealed

Nissan Canada partners with Wallbox on home charging solution for EVs

Standard Motor Products Inc (SMP) Q1 2025 Earnings Call Highlights: Record Sales and Strategic ...

How Tesla, Mercedes-Benz and a mattress maker turned Trump tariffs into a sales pitch

Nissan to ‘halt production’ at China’s Wuhan plant

Nissan wants to end vehicle production at Wuhan plant, sources say

Nissan’s global vehicle sales fall by 3.4% in March

Nissan expects net loss of up to JPY 750 bn in FY2024

Nissan's shares rise after restructuring loss heralds turnaround

Nissan revises down its earnings forecast with bigger losses

Nissan Expects Roughly $5 Billion Net Loss From Impairments, Restructuring Costs

Nissan sees record loss of up to $5.26 billion as restructuring bites

Nissan unveils all-new plug-in hybrid pickup at Auto Shanghai

Nissan to spend $1.4 billion in China, ditching 'slow' response to fast market

Factories to lay off staff ‘within months’ unless Starmer closes US trade deal

Nissan nominates 4 new board candidates after exec shakeup

Performance Overview