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Posts Tagged ‘Nissan Motor Co.’

Nissan, NASA Partnering to Develop Self-Driving Vehicle Technology

Pairing could produce vehicles for Earth and space.

by on Jan.09, 2015

The all-electric Nissan Leaf fitted with autonomous drive equipment allowed to park at NASA’s Ames Research Center.

The names of vehicles used by NASA in its research efforts roll off the tongue: Columbia, Discovery, Endeavour…Leaf? Maybe not, but the space agency and Nissan Motor Co. are partnering up to develop autonomous vehicle systems that could have applications on the ground and in space.

“The work of NASA and Nissan – with one directed to space and the other directed to earth, is connected by similar challenges,” said Carlos Ghosn, president and CEO of Nissan Motor Co. “The partnership will accelerate Nissan’s development of safe, secure and reliable autonomous drive technology that we will progressively introduce to consumers beginning in 2016 up to 2020.”

The Last Word!

The five-year partnership will team researchers from Nissan’s U.S. Silicon Valley Research Center and NASA’s Ames Research Center in California who will test a fleet of zero-emission vehicles used to transport a variety of materials, goods, payloads and people. The tests are similar to the way NASA currently operates its planetary rovers remotely from a mission control center. (more…)

Daimler, Nissan Will Jointly Build Luxury Vehicles Together in Mexico

Focus will be on entry-lux models Mercedes GLA and Infiniti Q30, sources report.

by on Sep.05, 2013

Daimler and Nissan plan to share a plant in Mexico to increase production volume in the Americas.

Confirming a report that first appeared on last year, sources confirm that Daimler AG and Nissan Motor Co. have approved plans to jointly produce luxury vehicles at a new facility the Japanese maker is soon to open in central Mexico.

Specific details of the plan are expected to be outlined at a media briefing Nissan CEO Carlos Ghosn and Daimler Chairman Dieter Zetsche will host during the Frankfurt Motor Show next week.  The two executives have spearheaded a fast-growing alliance that now covers a range of component and vehicle design and manufacturing partnerships.

More than Just the Headlines!

Some specifics remain uncertain, but the focus of the effort is expected to be based off the new NGCC, or New Generation Compact Car, architecture developed by Daimler’s Mercedes-Benz brand and used on such products as the new A-Class and the new CLA model that will debut in the U.S. later this year. At least initially, the joint production effort will focus on another small Mercedes model, the all-new GLA, as well as the Infiniti Q30. (more…)

Nissan Motor Global Production off 14%, Sales -13%

No surprise that China is only market up significantly.

by on Sep.28, 2009


One of the issues facing Japanese makers is the value of the Yen. It is currently trading at less ¥90:$1, which means decreased revenue.

Nissan Motor Co., Ltd. today announced its global production in August decreased 13.7% year-on-year to 217,954 units. In the U.S., production decreased 31.4% to 33,598 units. In China, production saw a significant increase of 60% year-on-year to 44,441 units marking an all-time record for the month of August.

Global sales for Japan’s third largest automaker decreased 0.2% year-on-year to 299,400 units, compared to the same month last year. Year-to-date sales are down 13%.

China recorded a record month in August, with sales up a significant 67% year-on-year to 62,937 units due to continued demand for Teana, Sylphy and Tiida models. Sales in other regions were down 26% from the previous year to 37,994 units

Export business was off sharply in August decreasing 36% year-on-year to 38,566 units. Exports to North America, where Nissan traditionally earns half of its profits, declined 29%. There are unconfirmed reports coming out of Japan that claim Nissan will drop production of its Q56 full-size SUV from Mississippi  back to Japan next years. Nissan has lost billions on its failed foray into full-size pickup trucks and SUVs for the U.S. market.

Nissan’s forecast for the full fiscal year is an operating loss of ¥100 billion ($1.05 billion based on ¥95:$1) and net loss of ¥170 billion yen ($1.79 billion). One of the issues facing all Japanese automakers is the value of the Yen. It is currently trading at less ¥90:$1, which means decreasing revenue for all export dependent automakers at the same time that sales are depressed.