The last year has been a difficult one for Nissan and Motoring Weekly has written about the arrest of its CEO, Carlos Ghosn, who also controlled Renault and Mitsubishi in an alliance. Nissan were always unhappy that they were the money-makers whilst Renault (and through their ownership, the French Government) controlled all decisions. Speculation was rife that Ghosn was removed … [Read more...]
FCA, Renault Merger Was Always Going To Be Difficult
The proposed tie up between FIAT Chrysler (FCA) and the Renault-Nissan-Mitsubishi Alliance was always going to be a long road to travel and a tough one to pull off. If it had happened, it would have put the new structure in second place to Toyota in market capitalisation terms, leapfrogging their European rival Volkswagen. The pressure to run with the idea came from two very … [Read more...]
The Confused Nissan IMq Concept
Back in March, Nissan joined an ever growing list of manufacturers showing off new or concept versions of an electric crossover. Nissan’s unveiling was at the prestigious Geneva International Motor Show. The IMq is the latest in a series of "IM" concepts and this one uses an evolution of the electric power system first seen in the Nissan Note and Serena models and the press … [Read more...]
Renault-Nissan-Mitsubishi Crisis Update
It's been an interesting few months for the Renault-Nissan-Mitsubishi Alliance. As we have described before, it seems that Nissan were getting more uncomfortable being the revenue generator of the group yet had no voting rights, so couldn’t progress any of their plans inside the alliance. Then when Carlos Ghosn was arrested on financial fraud charges, the wheels literally … [Read more...]
Nissan Also Cutting Production Jobs
The automotive industry is in a state of flux at the moment - more so than any other year. There is a push for new technologies yet the factories are still geared to building older designs and several refreshed models from the big three in the US are putting pressure on the foreign manufacturers. Earlier this year, Nissan announced that it was trimming shifts at one of its … [Read more...]