Nissan

In a significant development, Japanese automakers Toyota Motor Corp (NYSE:TM) and Nissan Motor Co (OTC:NSANY) have teamed up with Chinese tech behemoths Tencent Holdings Ltd (OTC:TCEHY) and Baidu Inc (NASDAQ:BIDU) respectively. The goal of these partnerships is to enhance their artificial...

Binance CEO Changpeng Zhao has denied owning shares in CommEx, the entity that acquired his company's Russia business. Although there are certain operational overlaps, Zhao stated. What Happened: When Binance decided to cease operations in Russia, there were murmurs about the nature of the...

Tesla Inc (NASDAQ: TSLA) dominates the U.S. electric vehicle market: the automaker maintains a market share leadership position in 49 of the 50 states. Here’s a look at the missing piece for Tesla.  What Happened: With increased competition in the electric vehicle space, Tesla has seen...

Former Nissan Motor Co. Ltd. (OTC: NSANY) executives started plotting to oust Chairman Carlos Ghosn almost a year ahead of his arrest in 2018, Bloomberg reported Friday, based on internal emails and conversations with people close to the matter. What Happened According to Bloomberg, Nissan...

Ridesharing company Uber Technologies Inc (NYSE: UBER) blamed “system or human error” for its failure to meet London regulatory demands in November 2019, according to a new document released this week. What Happened Transport for London (TfL), the transportation regulator that...

The International Criminal Police Organization, better known as Interpol, has issued an arrest warrant to Lebanon filed for the former Nissan Motor Company Ltd. (OTC: NSANY) chairman Carlos Ghosn who is allegedly staying in Lebanon right now, Japan's public broadcaster NHK...

Mitsubishi Motors Corporation (OTC: MMTOF) will stop the production of new diesel engines, according to Nikkei Asian Review. What Happened The Tokyo-based multinational automotive manufacturer will reduce its diesel lineup to some SUVs and small trucks in the U.S. and...

On Tuesday, Nissan (OTC: NSANY) posted its earnings on November 12, clearly showing that the nightmare that started with Ghosn's arrest is not nearly over. The Japan's second biggest automaker's shares were 19% down for the year, but its profits plunged way more than expected, 70% to be...

There are 225 million licensed drivers in the U.S with 85% of total adults. And they drive 278.1 million vehicles, made of 158.6 million light trucks and 119.5 million passenger cars that are on the road. The vast majority of the 278 million vehicles are less than 20 years old. Despite the fact...

Japanese prosecutors arrested Renault-Nissan-Mitsubishi Chairman Carlos Ghosn on suspected violation of trading law Monday morning. Renault SA (OTC: RNSDF) plummeted on the report, and Nissan Motor Co Ltd (OTC: NSANY) fell marginally. Nissan soon denounced Ghosn for committing years of...

Mobileye NV (NYSE: MBLY) has seen a decline in its two-year forward P/E from c.60x to 25x, despite expectations of the company’s EPS growing at a Compound Annual Growth Rate of 40 percent during 2016–2021. Goldman Sachs’ Alexander Duval upgraded the rating on the company from...

Amidst the expectation of auto sales drop in September, Nissan Motor Co Ltd (ADR) (OTC: NSANY) reported 4.9 percent increase in unit sales from 121,782 units to 127,797 units. Other big automakers like General Motors, Ford Motor and Toyota Motor are also expected to announce their September...

Electric vehicles are so 2016. Japan-based Nissan Motor Co (Nissan Motor Co Ltd (ADR) (OTC: NSANY)) said on Tuesday it is currently developing a fuel cell vehicle technology that uses ethanol as a hydrogen source to develop a line of cleaner cars. According to Reuters, Nissan is exploring the use...

Innovation from Tesla Motors Inc (NASDAQ: TSLA) is having a huge impact on its competitors and the recent partnership of Nissan Motor Co Ltd (ADR) (OTC: NSANY) and Eaton Corporation, PLC Ordinary Shares (NYSE: ETN) is a proof of this. Nissan and Eaton announced a new residential energy storage...