Nissan Raises Profit Outlook Helped By Favorable Currency Exchange Rate
Nissan Motor Co Ltd (OTC:NSANY) has raised its profit outlook for FY22 as a weak yen boosted repatriated income. The company…
Nissan, Renault Talk About Restructuring Their EV Partnership
Nissan Motor Co, Ltd’s (OTC:NSANF) (OTC:NSANY) discussions with Renault SA (OTC:RNLSY) (OTC:RNSDF) on revamping their alliance focused on competitiveness as equal…
French Food Company Danone To Dismiss Russian Dairy Business; Incur €1B Loss
French food company Danone SA (OTC:GPDNF) has decided to initiate a process to transfer the effective control of its Essential Dairy and…
This Automaker Sold Its Russian Business For 1 Euro
Due to the war in Ukraine, many companies around the world have exited their Russian businesses.
One global automaker sold off its Russian business for a price that resembles something you would find at a yard sale.
Nissan Sells Russian Assets To State
Nissan Motor Co Ltd's (OTC: NSANY) Russia assets would be transferred to state ownership. The sale will transfer all Nissan operations in Russia under the Nissan Manufacturing Russia LLC (NMGR) legal entity to NAMI for future passenger vehicle projects.
Nissan Extends Production Halt In St Petersburg Plant, Russia: Reuters
Nissan Motor CO Ltd (OTC:NSANY) is planning to extend the production halt of an assembly plant in Saint Petersberg,…
Toyota Affiliate Held Responsible For Fudging Emissions Data From At Least 2003, Investigation Finds
A Toyota Motor Corp (NYSE:TM) affiliate doctored emissions data on some engines dated back to at least 2003, more than…
General Motor’s Joint Venture To Receive $2.5B Government Loan For Upcoming Battery Plants In US
The U.S. Department of Energy is reviving an old low-cost loan program, and the first recipient is Ultium Cells, the joint battery venture between General Motors Company (NYSE: GM) and LG Energy Solution.