Nissan pulled off an even bigger miracle than Toyota and ended a (this time truly) catastrophic year with a big profit. Today in Yokohama, Nissan CEO Carlos Ghosn announced that Nissan delivered a pre-tax profit of 535.1 billion yen (US $6.76 billion) for the fiscal year that ended on March 31, “despite natural disasters and currency exchange headwinds.” (Read More…)
Nissan broke ground on a new engine plant expected to come online in 2014. The plant will build 4-cylinder gasoline engines for Infiniti cars as well as the Mercedes-Benz C-Class.
The plant will add 400 jobs and produce as many as 250,000 engines per year. Nissan produced a range of 4, 6 and 8-cylinder engines at the plant, located in Decherd, a small town near Nashville.
The contract manufacturer Magna Steyr will assemble “a future luxury entry level compact vehicle” for Nissan’s premium brand Infiniti. This according to a joint statement issued by both companies. Production of the mystery vehicle will start in 2014. (Read More…)
With the closure of Japan’s last operating nuclear power plant hitting the news over the weekend, people asked me what that means for Japan’s auto industry. My answer: Nothing. The shutdown of the first nukes on March 11 a year ago was much more dangerous than the long scheduled downing of the last. Nissan’s Carlos Ghosn sees a much bigger danger: the power of the yen. The high yen at the currency exchange. And higher yen numbers on the electricity bill. (Read More…)
Reports are emerging that the Nissan Juke R will cost $600,000 (about $450,000 euro) once Nissan starts selling their steroid-enhanced crossover.
Renault-Nissan is buying a majority stake in Russian automaker AvtoVaz. For those not in the Russian Car Appreciation Society, AvtoVaz is the maker of Lada cars.
Nissan sent a blow to the automotive press today, with the announcement that none of the upcoming limited production Juke-R crossovers would be allocated for long-term testing.
It was a good month for the Toyota Prius Plug-In, with the newest plug-in car outselling the Chevrolet Volt and Nissan Leaf in April.
Although the nameplate says “Sylphy”, this is more than likely the 2013 Nissan Sentra, set to replace the dreadful current generation car.
Being asked “what car should I buy?” occurs on a weekly basis for me, but I’d rather field that question every day than listen to the recieved wisdom of a magazine racer just once more in my life. The most recent inquiry came from my Uncle Maurice, a kind and generous man who provided my brother and me with a near bottomless supply of Swiss Army knives when we were children.
Renault/Nissan CEO Carlos Ghosn wanted to announce it Monday or Tuesday in person in Beijing. On the other hand, the upcoming production of Infiniti cars in China leaked last week, after Nissan’s worst kept secret had kept the Chinese rumor mill in motion for more than a year. After Gallic shrugs all around, Nissan confirmed today that two Infiniti models will be manufactured locally in China from 2014. Ghosn will have to find something else to feed the media on Monday. Dim sum perhaps? (Read More…)
It’s hard to get more stereotypically 80s than this car. Weird Japanese styling, headache-inducing upholstery patterns, and— most important— TURBO! I was 20 years old when this car was new, and the sight of this Crusher-bound example gave me terrible A-Ha flashbacks. (Read More…)
Out of my private collection: A winged pink Nissan 350Z, entering the expressway in an interesting neighborhood of Dongguan, Guangdong province, China.
The man-in-the-van makes the world go round but our brothers in white rarely get any love. That’s what this week is all about, it’s TTAC’s first ever commercial vehicle roundup. Plumbers, carpet cleaners, satellite TV installers, couriers, builders, we have heard your cries! Inspired by the lack of decent cargo hauler reviews (one review contained the line: “It has 8 cylinders which makes it a V8” ouch), we have assembled the cream of the commercial crop for your reading pleasure.
Today we have the new comer in the group, the all-new, all-Nissan NV2500 followed tomorrow by GM’s cargo hauler, Ford’s E-Series and Transit Connect and a special left-field review on day 5. Stay tuned! You’re probably thinking I forgot Mercedes’ Sprinter, but I didn’t. Commercial buyers I interviewed thought the Sprinter’s 6-cylinder diesel and high MSRP put it in a niche that didn’t directly compete with the white-vans of America. Can Nissan beat Detroit at its own game?
The Nikkei [sub] must have been having intimate chats with sources high up in Nissan’s tower at the Yokohama waterfront again.
Prematurely perturbing press people at Nissan, the Tokyo wire reports that a new factory will be constructed in China, and that Infiniti cars will be built at yet another factory in China. In the meantime, Reuters cultivated sources at Renault and says that Renault will finally finalize a deal to produce cars in China. (Read More…)
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