Japan's Nissan Motor slashed its annual outlook after posting a 99% decline in first-quarter operating profit on Thursday, falling short of analyst estimates and sending its shares sharply lower.
Nissan (NSANY) and Honda (HMC) plan to co-develop EV software and build charging networks in order to reduce costs and accelerate the development of new technology and infrastructure.
Japanese automakers Nissan Motor and Honda Motor are considering using standardised automotive software and working together on electric vehicle charging, the Nikkei newspaper said on Thursday, steps that could reduce their costs.
Nissan Motor will produce electric vehicles (EVs) for China's Dongfeng Motor at its Wuhan factory by the end of the year, the Nikkei newspaper reported on Tuesday.
Nissan Motor has halted production at its Changzhou plant in China as it seeks to optimise its operations, the Japanese automaker said on Friday.
Nissan Motor paid former Chief Operating Officer Ashwani Gupta $3.7 million in compensation following his sudden departure last year, the Japanese automaker disclosed in a notice for its annual general meeting.
Nissan and the NHTSA are warning drivers of older Nissan vehicles that still have recalled Takata air bags not to drive until the air bags are repaired and replaced due to safety risks.
Nissan and the NHTSA are warning drivers of older Nissan vehicles that still have recalled Takata air bags not to drive until the air bags are repaired and replaced due to safety risks.
Nissan is urging the owners of about 84,000 older vehicles to stop driving them because their Takata air bag inflators have an increased risk of exploding in a crash and hurling dangerous metal fragments.
"If you have one of these vehicles, do not drive it until the repair is completed and the defective air bag is replaced," NHTSA said.
Nissan warned owners of nearly 84,000 older vehicles to stop driving them, according to the National Highway Traffic Safety Administration. The warning covers certain model year 2002-2006 Nissan Sentra, 2002-2004 Nissan Pathfinder and 2002-2003 Infiniti QX4 vehicles that may have Takata air bags that were recalled in 2020.
Nissan warned the owners of nearly 84,000 older vehicles to stop driving them because they are equipped with recalled airbag inflators, which have an increased risk of exploding in a crash, a defect regulators say has killed dozens of people and injured hundreds of others over nearly a decade.