Nissan Financial News

Renault and Nissan have been manufactured by the plant. Renault Nissan’s Chennai plant is spread over 600 acres at Oragadam, Chennai. RNAIPL has exported more than 1.15 million vehicles from Chennai's Kamarajar Port Ltd (formerly Ennore Port Ltd.) to more than 108 destinations including markets in the Middle Eastern countries, Europe, Latin America, New Zealand, Australia, South-East Asia, SAARC countries, and Sub-Saharan Africa.

Renault Nissan Automotive on Thursday said it has crossed 25 lakh unit production milestone at its Chennai-based manufacturing plant. The plant is spread over 600 acres and caters to both domestic and export market requirements for Renault and Nissan.

By Victor Goury-Laffont and Gilles Guillaume

US Federal Reserve meeting outcome. Oil prices have rallied for four weeks, buoyed by signs of tighter supplies, largely linked to output cuts by Saudi Arabia and Russia, as well as Chinese authorities' pledges to shore up the world's second-biggest economy. Brent crude futures were down 32 cents, or 0.4 per cent, at $83.32 a barrel, while US West Texas Intermediate (WTI) crude was at $79.32, down 31 cents.

Nissan and Renault have redefined their French-Japanese auto alliance to establish more equal cross-shareholdings

By Natalie Grover

Also Read: Nissan, Renault may announce new alliance deal in days: Report Japan’s Nissan Motor managed to double its first-quarter profit on Wednesday. The profit was fuelled by higher production and sales in North America and Japan. The weaker yen also helped the company lift its full-year outlook.

TOKYO (Reuters) — Japan's Nissan (OTC:NSANY) Motor on Wednesday posted a 98% rise in first-quarter operating profit to 128.6 billion yen ($913.35 million), beating analysts' estimates.

TOKYO (Reuters) -Nissan and Renault (EPA:RENA) on Wednesday finalised the terms of their revamped alliance, with the Japanese automaker committing to invest up to 600 million euros ($663 million) in its partner's electric vehicle unit Ampere.

Investing.com — Shares of major Japanese automakers rose on Monday, tracking strength in Mitsubishi Motors Corp (TYO:7211) after the carmaker logged stronger-than-expected quarterly earnings.

Compass, Meridian, Grand Cherokee, and Wrangler models in the premium and super premium segment, is also considering introducing the 4Xe, Jeep's electrified brand, to India. Under the leadership of Aditya Jairaj who took charge as the deputy managing director of Stellantis Group in India and head-Jeep brand operations in May, the carmaker has launched a consumer scheme that is aimed at bringing down the initial purchase ownership cost. As part of making the price-to-value more attractive, it has discontinued the entry level variants of the Meridian—its three row SUV to re-align it with the market demand for higher trim variants. Additionally, it's looking to step up the brand and marketing spends in the world's fifth largest auto market as it seeks to get back to a position where it was two years ago. The exhead of EV strategy and transformation at Nissan Motor is also preparing the ground for launch of electrified models. “4Xe is the new 4X4. We are evaluating it for the Indian market, and we will bring it when the time is right,” Jairaj told ET.

Renault will provide complimentary car check-ups to its customers to guarantee peak performance. Additionally, the company will offer discounts of up to 50% on specific accessories, 15% off on labor charges, and 10% off on selected parts. Talking about the initiative, Sudhir Malhotra, Vice President, Sales and Marketing, Renault India, said, “We are delighted to announce the nationwide launch of the Renault monsoon camp for our valued customers across India.

alliance, as the deal has been finalized after 10 months of occasionally tense negotiations. Nissan has been working on establishing a lower threshold for its strategic investment in Renault's electric vehicle unit, Ampere. Previously, they had announced a maximum target of 15% in February.

Investing.com-- Most Asian stocks rose on Wednesday after data released overnight spurred increased bets that the Federal Reserve was close to ending its current rate hike cycle, while Chinese markets continued to lag on a worsening economic outlook.

Citroen C3 achieved 12.21 points in adult occupant protection, 5.93 points in child occupant protection, 23.88 points in pedestrian and vulnerable road users protection, and 15 points in safety assist systems.  However, it remains uncertain whether the Indian and Brazilian versions of the C3 are identical, as the manufacturer has yet to confirm this information. As per the report from media publication, the tested vehicle was equipped with various safety features including Electronic Stability Control, dual front airbags, seatbelt load limiters, ISOFIX child-seat mounts, and seat belt reminders. In the Indian market, the C3 model comes with a set of standard safety features such as dual airbags, Anti-lock Braking System with Electronic Brake Distribution, rear parking sensors, rear door child locks, an engine immobilizer, and a high-speed alert system.

By Devjyot Ghoshal and Pasit Kongkunakornkul

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TOKYO— Nissan Motor Co. was once the world’s loudest proponent of electric cars, but these days it is one of the more sober voices.