Japanese carmakers Nissan, Honda and Mazda have recalled close to three million vehicles citing faulty airbags that could potentially explode and send pieces flying inside the car.
Showing posts with label Nissan. Show all posts
Showing posts with label Nissan. Show all posts
May 13, 2014
Nissan profits jump 10% as sales rise
Nissan has seen full-year profits jump 10%, boosted by better sales, cost-cutting and a weaker yen.
November 10, 2013
Nissan boss warns UK over possible EU exit
Nissan will reconsider its investment in the UK if Britain leaves the European Union, chief executive Carlos Ghosn has told the BBC.
April 12, 2013
Nissan to make new van at Renault French site: Sources
PARIS: Nissan plans to move production of a mid-sized van from Spain to Renault's Sandouville plant in France, sources said, helping its French alliance partner keep a pledge to raise domestic output in return for union concessions.
March 22, 2012
Nissan brings back Datsun budget brand
Nissan has announced a plan to revive Datsun as a low-cost marque, 31 years after removing it from its line-up.
March 07, 2012
Nissan to build new car in Sunderland
Nissan is to build a new compact model, called the Invitation, at its Sunderland factory.
January 20, 2011
Renault managers linked to espionage claim fight back
Michel Balthazard, the most senior of three sacked Renault executives, has begun legal action to clear his name.
The three were dismissed over allegations of industrial espionage.
His colleague Betrand Rochette has also filed a complaint with French prosecutors, and the third man is said to be preparing legal paperwork.
Mr Balthazard's lawyer Xavier Thouvenin told the BBC a criminal complaint was filed against unnamed individuals to discover who had accused his client.
A second filing was made against Renault for the unfair dismissal of Mr Balthazard.
Denied wrongdoing
Mr Balthazard was dismissed last week as head of Renault's long-term development amid reports that secret information about the company's electric car programme had been leaked.
French media reports speculated about money being deposited in Swiss bank accounts and of links with one or more companies in China.
Renault has filed a criminal complaint with the Paris prosecutor's office, alleging it has been the victim of organised industrial espionage, corruption, and breach of trust.
Mr Thouvenin said: "In his letter of employment termination, my client was told of an anonymous claim that he received bribes. Our action is to find who is the whistleblower who has named my client."
He described the claim against Mr Balthazard as "unfounded and slanderous". The other two executives have strongly denied wrongdoing.
Major investment
French judicial authorities will now decide whether to investigate.
Although media speculation pointed to foreign involvement, Renault has not accused any country or company of being behind the espionage.
Renault and its Japanese partner Nissan have invested $4bn (£2.5bn) to develop electric cars and the two companies are seen to be among the leaders in this field.
Nissan's Leaf electric car was recently launched in the US and Japan.
Source: http://www.bbc.co.uk
The three were dismissed over allegations of industrial espionage.
His colleague Betrand Rochette has also filed a complaint with French prosecutors, and the third man is said to be preparing legal paperwork.
Mr Balthazard's lawyer Xavier Thouvenin told the BBC a criminal complaint was filed against unnamed individuals to discover who had accused his client.
A second filing was made against Renault for the unfair dismissal of Mr Balthazard.
Denied wrongdoing
Mr Balthazard was dismissed last week as head of Renault's long-term development amid reports that secret information about the company's electric car programme had been leaked.
French media reports speculated about money being deposited in Swiss bank accounts and of links with one or more companies in China.
Renault has filed a criminal complaint with the Paris prosecutor's office, alleging it has been the victim of organised industrial espionage, corruption, and breach of trust.
Mr Thouvenin said: "In his letter of employment termination, my client was told of an anonymous claim that he received bribes. Our action is to find who is the whistleblower who has named my client."
He described the claim against Mr Balthazard as "unfounded and slanderous". The other two executives have strongly denied wrongdoing.
Major investment
French judicial authorities will now decide whether to investigate.
Although media speculation pointed to foreign involvement, Renault has not accused any country or company of being behind the espionage.
Renault and its Japanese partner Nissan have invested $4bn (£2.5bn) to develop electric cars and the two companies are seen to be among the leaders in this field.
Nissan's Leaf electric car was recently launched in the US and Japan.
Source: http://www.bbc.co.uk
November 04, 2010
Nissan profits boosted by strong sales
Japanese carmaker Nissan has announced a fourfold rise in quarterly profits and raised its full-year forecasts.
Nissan reported a second-quarter net profit of 101.73bn yen ($1.26bn; £775m), up from 25.53bn yen a year ago, with sales up 21.4%.
It also raised its full-year profit forecast to 270bn yen from 150bn yen.
"Our first-half results demonstrate that Nissan's recovery efforts are working effectively," said Nissan chief executive Carlos Ghosn.
Nissan announced 20,000 job cuts at the height of the financial crisis.
The increase in sales outweighed the impact of the strengthening yen, which has dented the post financial crisis revival for some Japanese companies.
Source: BBC
www.bbc.co.uk
Nissan reported a second-quarter net profit of 101.73bn yen ($1.26bn; £775m), up from 25.53bn yen a year ago, with sales up 21.4%.
It also raised its full-year profit forecast to 270bn yen from 150bn yen.
"Our first-half results demonstrate that Nissan's recovery efforts are working effectively," said Nissan chief executive Carlos Ghosn.
Nissan announced 20,000 job cuts at the height of the financial crisis.
The increase in sales outweighed the impact of the strengthening yen, which has dented the post financial crisis revival for some Japanese companies.
Source: BBC
www.bbc.co.uk
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