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Nissan returns to profit in quarter, forecasts profitable year
Nissan says it's regaining 'its shine' after post-Ghosn red ink
https://www.autoblog.com/2021/07/28/nissan-profit/
Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market.

The Japanese automaker says it expects to return to profit for the fiscal year through March 2022, with a 60 billion yen ($545 million) profit. It had previously expected to sink into a 60 billion yen annual loss.
 
Nissan to invest $17.6 billion over next five years to ramp up electric vehicle offering
https://www.cnbc.com/2021/11/29/nissan-to-invest-17point6-billion-to-ramp-up-electric-vehicle-offering-.html
Japanese automotive giant Nissan is to invest 2 trillion yen (around $17.6 billion) over the next five years to speed up the electrification of its product line.

Nissan said on Monday it would aim to roll out 23 new electrified models by 2030, 15 of which will be fully electric.

It is targeting a 50% electrification mix for its Nissan and Infiniti brands by the end of the decade.

On the battery front, the firm is planning to introduce all-solid-state batteries, or ASSB, to the market by 2028. A pilot ASSB facility in the Japanese city of Yokohama will be readied “as early as fiscal year 2024”, Nissan said.

In a speech outlining the plans, Nissan CEO Makoto Uchida said his company was focusing on the in-house development of ASSB.
 
No matter which way you slice it, Nissan has lost it's once considerable lead in both EVs and battery technology (as well as a lot of $) due their dismissal of Carlos Ghosn. Through Nissan's bungling of the whole thing, Ghosn will have the last laugh.
 
Stanton said:
No matter which way you slice it, Nissan has lost it's once considerable lead in both EVs and battery technology (as well as a lot of $) due their dismissal of Carlos Ghosn. Through Nissan's bungling of the whole thing, Ghosn will have the last laugh.

Abusing Ghosn was more important than saving Nissan it seems. What they plan to do by March 2029 is going to be away too late I expect.
 
Exclusive: Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week
https://www.fidelity.com/news/article/top-news/202201230908RTRSNEWSCOMBINED_KBN2JX0DF-OUSBS_1
(Reuters) - Renault SA, Nissan Motor Co ( NSANF ) and Mitsubishi Motors Corp ( MMTOF ) plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters.

As established automakers face pressure from new competitors and an expected shift in demand toward EVs, the French-Japanese alliance is seeking to deepen cooperation.

The three are expected to announce on Thursday a plan to invest more than 20 billion euros ($23 billion) over the next five years on EV development, the sources said. By 2030, the alliance is expected to come up with more than 30 new battery EVs underpinned by five common platforms, they said.
 
GaleHawkins said:
Stanton said:
No matter which way you slice it, Nissan has lost it's once considerable lead in both EVs and battery technology (as well as a lot of $) due their dismissal of Carlos Ghosn. Through Nissan's bungling of the whole thing, Ghosn will have the last laugh.

Abusing Ghosn was more important than saving Nissan it seems. What they plan to do by March 2029 is going to be away too late I expect.

Ironically, Ghosn's successor stepped down for compensation issues as well.

I think the 2030 strategy is more or less a breath of fresh air for Nissan but they are very much playing catch up after reverting to the standard Japanese OEM one foot in and one foot out of the EV push once they started focusing more on Ghosn than EVs.
 
Renault, Nissan & Mitsubishi Motors announce common roadmap
https://global.nissannews.com/en/releases/alliance-digital-conference-2022
The 2030 roadmap focuses on pure electric vehicles and connected mobility.
Aims to enhance usage of common platforms to reach 80% in 2026.
Mitsubishi Motors to reinforce presence in Europe with two new models based on Renault best-sellers.
To invest 23 B€ in the next five years to support its offensive strategy in electrification.
With 35 new EV cars in 2030, proposes the largest global EV offer, based on the five common EV platforms.
Nissan unveils an all-new EV based on the CMF-BEV Alliance platform to replace the Micra in Europe; vehicle planned to be manufactured at Renault ElectriCity, the electric industrial center in Northern France.
Reinforces common battery strategy aiming to secure a global 220 GWh production capacity by 2030.
Nissan to lead development of breakthrough all-solid-state battery technology to benefit all members.
Renault to lead development on common centralized electrical and electronic architecture and will launch the first full software defined vehicle by 2025.
 
Looks like https://www.youtube.com/watch?v=myrmw4UTXYI is starting soon.
(Click the "CC" button in the right-hand lower corner of the video to switch on closed captions in English or Japanese)

Join us as we unveil or latest EV, a minivehicle that aims to redefine the popular car category in Japan. The minivehicle offers the instant acceleration, smooth driving and cabin quietness characteristic of EVs, along with a variety of advanced technologies, including driver assistance.
 
Above video now has what's available. Turns out to be a https://en.wikipedia.org/wiki/Kei_car, the Sakura: https://www.caranddriver.com/news/a40061121/nissan-sakura-ev-japan-details/.
 
Nissan To Suspend Operations At Tennessee Plant Building Engines For Mercedes
https://www.carscoops.com/2022/08/nissan-to-close-tennessee-plant-building-engines-for-mercedes/
Nissan will suspend operations at its powertrain facility in Decherd, Tennessee in March 2023 “pending future product announcements,” Nissan North America spokesman Brian Brockman revealed.

The plant was opened in 2014 at a cost of $319 million at the height of Nissan and Mercedes-Benz’s engine-sharing collaboration. It has been responsible for building the Mercedes 2.0-liter turbocharged four-cylinder found in various Infiniti and Mercedes models, including the GLE, Sprinter, and Metris.
At least we know BBrockman is still with Nissan corporate.
 
cwerdna said:
https://www.cnet.com/roadshow/news/honda-nissan-merger-japan/ mentions
One former Nissan executive told the Financial Times the merger simply wouldn't make sense from a structural standpoint and said there'd be little to gain from such a move for either company. The person pointed to major differences in engineering, which would make it incredibly difficult to boost economies of scale by sharing parts.
I haven't had time to think much about the first point but I agree w/the last.

In contrast, Renault, Nissan and Renault Samsung Motors share quite a bit (well, not on Leaf), just often things that weren't necessarily visible to the customer. Long ago, https://www.renaultsamsungm.com/new/main/main.jsp had many vehicles that clearly had Nissan engines (e.g. the VQ 3.5L V6). I haven't looked recently, but when I looked a few years ago, many of the interiors of cars resembled Renaults and not Nissans.

Long ago, when the 5th gen Maxima was the latest, the 4th gen was still being built in South Korea by Renault Samsung Motors and sold as their SM5 (https://web.archive.org/web/20120720054539/http://www.businessweek.com/stories/2002-10-06/renault-samsung-a-french-recipe-to-savor).
On the note of Renault Samsung Motors, TIL learned it seems Samsung has sold at least some of their stake which is to be just known as Renault Korea Motors.

https://www.kedglobal.com/automobiles/newsView/ked202203170005
https://www.just-auto.com/news/renault-samsung-changes-name-to-renault-korea-motors/
https://www.carscoops.com/2022/03/renault-drops-samsung-from-its-name-in-korea/
http://www.businesskorea.co.kr/news/articleView.html?idxno=89158
 
Nissan, Renault negotiators await directors' OK on partnership deal
https://www3.nhk.or.jp/nhkworld/en/news/20230123_15/

Nissan and Renault close in on overhaul of alliance
https://news.yahoo.com/nissan-renault-close-overhaul-alliance-150953223.html
 
Renault slashes Nissan stake as the automakers overhaul their decades-long alliance
https://www.cnbc.com/2023/01/30/auto-giants-renault-and-nissan-overhaul-their-decades-long-alliance.html
 
Renault, Nissan officially reboot their auto alliance for post-Ghosn era
Their boards agree to parity deal: 'We have been waiting a long time for this moment'
https://www.autoblog.com/2023/02/06/renault-nissan-officially-reboot-their-auto-alliance-for-post-ghosn-era/
 
Nissan Suffers New Blow With S&P Cutting Credit to Junk
https://news.yahoo.com/nissan-credit-rating-cut-junk-072548166.html
"The Japanese automaker’s credit rating was cut by a notch to BB+ by S&P, which said a strong recovery in profit and sales was “unlikely” and cited persistent supply chain turmoil and high costs in the industry."
 
cwerdna, that's an interesting article on your link. I get the impression that Nissan executives are ultra conservative to the point of being stodgy. They'd rather sink than change.
 
Toby said:
cwerdna, that's an interesting article on your link. I get the impression that Nissan executives are ultra conservative to the point of being stodgy. They'd rather sink than change.
...or they'd rather fire/arrest their CEO that "saved their bacon" (at one point) than change...
 
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