Japanese automakers hit by poor December sales Jan 5, 2009
8 percent in December, while Nissan Motor fell 21. 8 percent and Honda Motor dropped 25. (International Herald Tribune -- Business)
New cars amid slowdown Jan 5, 2009
Ushering in the new year will be Edaran Tan Chong Motor Sdn Bhd, which will launch the Nissan Grand Livina tuned by Impul today ... There are many people who are keen on MPVs, especially for the Nissan Grand Livina and Toyota Avanza. (The Star Online, Malaysia -- Business)
Plug In For Electric Cars Jan 5, 2009
Japan's race for zero-emission car Posted: 05 January 2009 1244 hrs. " onclick="Next();" src="/images/butt_next. (Channelnewsasia.com)
Car dealers respond to financial jump-start Jan 4, 2009
Hopkins primarily uses GMAC and Nissan for dependent loans. The Cadillac dealership has seen credit unions such as Campus Credit Union, Florida Credit Union and VyStar Credit Union partnering with it, he said. (Lake City Reporter, FL)
Brown unveils plan to create 100000 jobs Jan 4, 2009
Brown is studying a scheme pioneered by Nissan to avoid redundancies in manufacturing, which would see ailing firms given government funding to move staff on to part-time working and use the remaining time for training. His promise to use public money not only to create short-term jobs, but also to build a low-carbon economy for the future, will be seen as a modern reworking of Roosevelt's New Deal - a massive programme of public works, such as dams and roads, to help America recover from the... (guardian.co.uk)
Mileage tax? Simmer down Jan 4, 2009
The governor s office says that Nissan, for example, plans to come out with an all-electric vehicle in 2010. Other car makers have similar plans. (Albany Democrat-Herald, OR)
GM, Chrysler May Lead U.S. December Car-Sales Slide, Capping 16-Year Low Jan 4, 2009
9 percent, and Nissan Motor Co. up 0. 6 point to 7. (Bloomberg -- Canada)
Week Ahead: Jobs, Car Sales, Retail Sales Jan 3, 2009
Chryslers sales may show the biggest drop, with a 46% decline, followed by Nissan at 42% and General Motors (GM) at 39. The one bright spot: auto sales typically are stronger in December than November, and this year isn't expected to be an exception, according to Edmunds. (Fox News)
Local man returns after third tour of duty in Iraq Jan 3, 2009
Sgt. Evans said he also looks forward to relaxing and driving his new car, a Nissan 350Z, which he had delivered to Richards house in Bloomington. Hell get spoiled by the whole family, Richard said of his time home. (The Pantagraph newspaper)
The Best Cars Of 2008, Including The Car Of The Year Jan 2, 2009
The Nissan GT-R. For the money, nothing can touch it. Dubbed the "Godzilla of supercars" by one of the early owners, the GT-R will go head to head with Porsches, Corvettes, and cars with even loftier price tags. (Fox News)
Review: Drive a Maserati GT and you'll be swept off your feet Jan 2, 2009
But there's a lot more go for less dough available: Chevrolet Corvette ZR1 ($107,000), Dodge Viper SRT-10 ($90,000) and Nissan GT-R ($78,000) all scream to 60 mph in four seconds or less and are 190-200 mph cars. So if you're a performance purist, skip the Maser. (USA Today -- Autos)
Brakes gave out on auto sector in '08; Big 3 seek to restructure Jan 1, 2009
Nissan Motor has been the exception, tumbling 66. Copyright 2009 The Associated Press. (USA Today -- Autos)
Car buyers seek fuel efficiency Jan 1, 2009
for free extra services. Subscribe to Charlotte Business Journal. (Charlotte Business Journal, NC)
Best Cars On The Road Dec 31, 2008
Through Jan. 5, Nissan (nasdaq: - - ) is offering 0% financing on some 2008 and 2009 models and Infiniti buyers get 0% financing on most 2009 models. BMW is offering 0. (Forbes)
Toyota, Honda May Scrap `Just-in-Time' Inventory as `Supplier Shock' Looms Dec 31, 2008
About 60 percent of Nissans 350 suppliers in the U.S. also supply GM, Chrysler and , Standish said ... Nissan slashed its forecast by 53 percent in October. (Bloomberg)
Japan stocks end worst-ever year Dec 31, 2008
The falls were even more dramatic for some of their competitors such as Nissan Motor Co. and Mazda Motor Corp. as well as for some major Japanese exporters. Shares in Sony Corp. tumbled 69. (Business Report, South Africa)
GM, GMAC Ease Lending Rules to Entice Car Buyers Dec 31, 2008
Rivals such as Toyota Motor Corp and Nissan Motor Co have offered similar financing on some vehicles. LaNeve said GM's December sales were up "considerably" from November, and that the automaker might return to auto leasing, credited with supporting sales industrywide from 2000 until about 2006. (Newsmax)
Small Cars Now Selling for Less Than $10K Dec 30, 2008
Nissan struck first in October, offering a new version of its smallest model, the Versa, with a less powerful engine and fewer features. It was priced at $9,990. (ABC News -- Business)
Auto bail-out not right for Montana Dec 30, 2008
megloff wrote on Dec 16, 2008 3:21 PM:" Let them go bankrupt. That'll sort them out. Congress should be taking a dollar a year pay as they're doing a worse job than the crooked bankers and inept detroit trio.As for building plants across the border, isn't it odd that Toyota, Nissan, Mercedes, Volkswagon, Honda, BMW, etc. - ARE BUILDING THEIR PLANTS IN THE USA WHILE Ford, GM, and Chrysler ARE BUILDING OUR "US" CARS IN MEXICO AND CANADA?Who is our REAL domestic car industry? Which car companies... (Montana Standard, MT)
Subaru dealer entices buyers Dec 30, 2008
Since we started doing it, there is a local Nissan doing the same thing, Thomas said. They are structuring it differently, but they are doing a modified version of it. (Dallas Business Journal, TX)
Australian firm working on beefed-up Nissan GT-R gearbox Dec 30, 2008
The cog-shredding power of AWD launch control is no match for Down Under engineering Rumors, reports and even the odd video of its slick dual-clutch AWD gearbox grenading itself into oblivion have plagued the Nissan GT-R since shortly after its release into the wild. A short while later we learned that using the undocumented AWD launch control feature could void the relevant sections powertrain warranty, Nissan followed that up with a decision to from 2010 models. (Motor Authority)
Nissan, NEC to spend $1B on battery output Dec 30, 2008
TOKYO, Dec 29 -- Japan's Nissan Motor Co. and NEC Corp. will invest at least $1 ... Nissan, NEC and NEC Tokin Corp have a joint venture to start manufacturing lithium-ion batteries from next year ... The companies have said they plan to ramp up annual capacity gradually to supply 65,000 units in 2011 for use in Nissan's in-house hybrid car and electric vehicles due in 2010. (EETimes)
* Japan closes worst year Dec 30, 2008
The falls were even more dramatic for some of their competitors such as Nissan Motor Co and Mazda Motor Corp as well as for some major Japanese exporters. Shares in Sony Corp tumbled 69 percent this year, while top bank Mitsubishi UFJ Financial Group was down 47. (Taipei Times, Taiwan -- World Business)
Japan auto sales plunge as young lose interest Dec 30, 2008
"The changes in individuals' values on cars came cumulatively over time," said Nissan Chief Operating Officer Toshiyuki Shiga ... In an effort to do just that, Nissan Motor Co. has dealerships featuring colorful accessories for cars meant to appeal to Japanese women's alleged penchant for "cute" things, and signed major league star Ichiro for splashy TV ads for a new sporty model, among other efforts. (International Herald Tribune)
Colonial golf classic raises $38,000 for Childrens Hospital Dec 30, 2008
Colonial Automotive Group owns and operates automobile dealerships throughout Eastern and Central Massachusetts, including Colonial Nissan and Colonial VW, both of Medford. Loading commenting interface. (Medford Transcript, MA)
Kerkorian No Longer Holds Ford Motor Shares Dec 30, 2008
TO), (C.XX), (CRP.XX), (DAI), (DAI.XE), Ford Motor Co. (F), General Motors Corp. (GM), Metro-Goldwyn-Mayer Inc. (MGM), Nissan Motor Co. Ltd. (NSANY), (TRA.XX), (DE000710), (JP367240), (US345370), (US370442), (US552953)) at SmartMoney ... In 2005, Kerkorian gained a board seat for his adviser, Jerry York, at General Motors Corp. (GM) and tried to force the world's largest auto maker to merge with Renault SA and Nissan Motor Corp. (NSANY). (SmartMoney)
Kerkorian sells remaining Ford shares Dec 30, 2008
Kerkorian won a seat on GM's board for Jerome York, one of his advisers, and he pushed for an alliance between GM, Nissan Motor Co. and Renault SA. GM's board voted to explore the possibility, but after three months of discussion, the idea was scrapped. Tracinda, which is named after Kerkorian's daughters, Tracy and Linda, holds the majority stake in casino and hotel operator MGM Mirage. (USA Today -- Autos)
What's coming Dec 27, 2008
Nissan already sells an Altima Hybrid that uses technology licensed from Toyota. Nissan's first in-house hybrid is expected to arrive in 2010 with an Infiniti badge ... Nissan's electric motor is powered by a lithium-ion battery, which weighs less and has more power than the nickel-metal hydride batteries used in the current generation of hybrids. (Globe and Mail -- Business)
Economic crisis has small car sales making a U-turn Dec 27, 2008
Nissan struck first in October, offering a new version of its smallest model, the Versa, with a less powerful engine and fewer features ... It didn't remain the "lowest-priced new car in the U.S.," as Nissan billed it at the time, for long. Hyundai cut the price of its Accent hatchback by $1,775 to $9,970. (USA Today -- Autos)
Sharp plays its role in promoting green energy Dec 27, 2008
Most of these companies are car and construction players Toyota, Nissan, Isuzu, Denso, Fujitec, Denso and Hino. Sharp-Roxy has projected sales of 90,000 units of refrigerators, air-conditioners and air purifiers with the PCI technology in 2008. (The Star Online, Malaysia -- Business)
Sign me a proud Ford Focus owner Dec 26, 2008
Are they afraid the American car industry will recover and become a competitive threat to those Nissan and Toyota companies operating down south. Or is it their intention to bring down the United Auto Workers Union by throwing millions of its members under a foreign made bus. (Holbrook Sun, MA)
THE 2009 WASHINGTON AUTO SHOW(R): 'Driven by the Environment' is Produced by the Washington Area New Automobile Dealers Association (WANADA) Dec 26, 2008
The pavilion, housed in the entrance of the convention center, reflects the 2009 WAS theme: "Driven by the Environment." HOT, NEW CARS: Among the hundreds of vehicles showcased, highly anticipated, new cars include the: 2010 Ford Mustang, Ford Flex, 2010 Prius, Honda Insight, Lincoln MKS, Mazda6, 2010 Chevrolet Camaro, Cadillac CTS Sports Wagon, 2009 Smart for Two, Toyota Venza, Lexus RX450h, Hyundai Genesis and 2009 Nissan 370Z, 2009 Dodge Ram 1500, Hybrid racing cars PUBLIC POLICY EVENTS:... (PR Newswire)
Japan Shares Rise Despite Plunge in Factory Output Dec 26, 2008
Nissan Motor Co., Japan's third-biggest car maker, gained 3 percent to 313 yen. Sony Corp. was up 1. (ABC News -- Wire)
George Bush, Protectionist Dec 26, 2008
For in offering the bailout to GM, Ford and Chrysler, Bush, by omission, excluded BMW, Mercedes, Honda, Toyota, Nissan and Hyundai -- though all operate auto plants here in the United States and all are feeling the same sales slump. Indeed, Toyota claims losses for the first time in 70 years -- though how Toyota's management was able to keep sales up in 1945, when Gen. Curtis LeMay's B-29s were conducting their nightly visits, escapes me. (Townhall.com)
Sector Snap: Automakers rise as Fed helps GMAC Dec 26, 2008
16, Nissan Motor Co. (nasdaq: - - ) shares edged up 31 cents, or nearly 5 percent, to $6. 82 and Honda Motor Co. (nyse: - - ) rose 92 cents, or 4. (Forbes)
Tread lightly! Book a green getaway Dec 25, 2008
On the mainland, rental giant Hertz has moved into the green game with a selection of hybrids and fuel-efficient vehicles like the Toyota Prius or the Nissan Altima hybrid. Look for the Green Collection. (MSNBC -- Environment)
Japanese Automakers Stall Dec 25, 2008
Toyota, Nissan and Honda report big sales drops for November as they rein in production amid the global downturn ... Meanwhile, Nissan (nasdaq: - - ) said its worldwide sales sank 19. (Forbes -- Markets)
Global car sales down 21.8% for Toyota Dec 25, 2008
A rival, Nissan, said its worldwide sales sank 19 ... Nissan, Japan's third-biggest car manufacturer, said its global production dropped 33 ... "Weak demand in the United States and Europe pressured our production," a Nissan spokeswoman, Yuko Matsuda, said. (International Herald Tribune)
Porsche Cayman makes an excellent gift Dec 25, 2008
Alternatives: Chevrolet Corvette, Nissan 370Z or GT-R, Infiniti G37 Coupe, Mercedes-Benz SLK55. Like. (Globe and Mail)
Toyota cuts profit forecast, expects first loss in 70 years Dec 25, 2008
In addition to slumping consumer demand, Toyota and fellow Japanese automakers Honda Motor Co. and Nissan Motor Co. have been battered by a soaring yen, which has risen 24 percent against the dollar this year and is trading at less than 90 cents to the greenback. That raises the cost of importing vehicles into the United States, although the higher prices aren't necessarily passed on to buyers, further hurting the automakers' profits. (Honolulu Advertiser)
European markets mixed ahead of Dow opening Dec 23, 2008
4 per cent and Nissan 2. 7 per cent, and the country's recent efforts - including an interest rate cut Friday - to counter the recession. (India Times)
Recession, drug war foils Mexican migrants' holiday pilgrimage Dec 23, 2008
This year, their Nissan truck is stuffed with only practical items: heater, baby stroller, tank of gas. "We usually bring home make-up and perfume and clothes as gifts, but not this year," says Olga Hernandez. (Christian Science Monitor)
Automaker shares tumble as bailout sinks in Dec 23, 2008
Nissan Motor Co. shares fell 3 cents to $6. 53. (AZCentral -- Business)
The missing parts to get Detroit roadworthy again Dec 23, 2008
These included lowering the pay, benefits and perks of their employees to match those of the other Big Three in the U.S. auto industry: Toyota, Honda and Nissan. Gettelfinger correctly noted that the UAW has already made or pledged significant concessions. (Los Angeles Times)
Bush Bailout Plan For Automakers Will Test Obama's Union Loyalties Dec 23, 2008
The agreements set goals for automakers: converting two-thirds of their debt into equity; paying company stock to fund one half of the Voluntary Employee Benefits Associations, which fund retiree health care benefits and remove these costs from future liabilities; aligning wages, benefits and work rules with U.S. Nissan, Toyota or Honda operations ... Calculations of net present value will hinge on forecasts of future car sales and wages paid by Toyota, Nissan and Honda. (Investors Business Daily)
Saving the auto industry requires concessions by all (41) Dec 23, 2008
My colleague, Senator Bob Corker, put forward a reasonable proposal that would require that the United Auto Workers (UAW) labor union reduce wage and benefit packages to be competitive with other U.S. plants making cars and trucks for Toyota, Nissan, and Volkswagen by the end of 2009. Late night negotiations between Republican and Democratic lawmakers and UAW representatives fell apart over the wage issue. (Boerne Star, TX)
U.S. Automakers: Time Is Not On Their Side Dec 23, 2008
Of course, the other big manufacturers--Toyota Motor (nyse: - - ), Honda Motor (nyse: - - ), Nissan Motor (nasdaq: - - ) and Mercedes (Daimler)--are planning large production cuts too, but Detroit's are the most crushing ... It could probably sell all or most of these businesses to a foreign manufacturer such as Renault/Nissan. (Forbes -- Business)
Word on the Street: Clovis shop sells owner's two favorite pastimes Dec 22, 2008
The branch offers hybrid versions of the Toyota Prius, Nissan Altima and Ford Escape, including conventional cars. The business is adding 5,000 hybrids nationwide and focusing on certain branches. (Fresno Bee)
Local church welcomes its first Christmas Dec 22, 2008
Monday, December 22, 2008. gevans@longview-news. (News-Journal.com)
Japan Stocks Gain on BOJ Plan to Ease Credit Risk; Nomura Jumps Dec 22, 2008
4 percent to 1,905 yen, breaking a four-day losing streak, while Nissan Motor Co. rose 2. 7 percent to 304 yen. (Bloomberg)
Local car dealer, suppliers watching auto bailout talks Dec 22, 2008
tbird wrote on Dec 12, 2008 9:19 AM:" Failed to pass because UAW would not cut their pay next year...rather have no pay... He and other Republicans insisted that the carmakers restructure their debt and bring wages and benefits in line with those paid by Toyota, Honda and Nissan in the United States.Hourly wages for UAW workers at GM factories are about equal to those paid by Toyota Motor Corp. at its older U.S. factories, according to the companies. GM says the average UAW laborer makes $29.78... (Winona Daily News, MN)
US Hybrid Battery Companies Join Forces Dec 22, 2008
Nissan is working with Japans NEC to produce lithium ion batteries for electric cars. NEC will also supply batteries for Subarus EV program. (Hybrid Cars News)
F1 2008: Speed & scandal Dec 22, 2008
Contact: Melrose Nissan 011 555-3000 ... Contact: Edenvale Nissan 011 452-4800. (iAfrica.com)
2009 North American Car and Truck of the Year -- the short list Dec 21, 2008
Plus, with the Scion xB, Nissan Cube and Kia Soul coming from the East, the time of the box is nigh. The is flung by a 262-horsepower 3. (Los Angeles Times)
For UAW, sacrifice or surrender? Dec 21, 2008
But the terms of that loan also insist that the wages and benefits for union workers be lowered to "equal" the average of nonunion workers, specifically, those at the U.S. plants of Nissan, Toyota and Honda. advertisement. (MSNBC -- Business)
Wagon Cuts 292 Jobs With Closure of Car-Parts Factory, Daily Mail Reports Dec 21, 2008
The plant made panels and door parts for Honda Motor Co. Ltd., Nissan Motor Co. Ltd., General Motors Corp., Ford Motor Co. and Jaguar Land Rover, the newspaper said. To contact the reporter on this story: in London at. (Bloomberg -- UK)
The Toyota Republicans Dec 21, 2008
Be it BMW, Honda, Toyota, Nissan, Mazda, Mitsubishi or Hyundai, the South has become a sanctuary for foreign assembly plants, for which Southern states have been paying subsidies. Fine. (Human Events Online)
Long day's journey to deal for automakers Dec 21, 2008
The UAW and companies are expected to agree to cut in half the cash owed to an employee health care plan and make autoworker compensation competitive by the end of 2009 with those paid by Honda, Nissan and Toyota at their U.S. operations. The companies must have a plan deemed adequate to make them viable, profitable ventures by March 31 or must repay the loans. (Detroit Free Press)
Native New Yorker now serving wings, fun Dec 21, 2008
Sonora Nissan is getting very close to the opening of the new building - like in less than a month. As a year-end special - and last campaign in the "old building" - the dealership is doing a "Car Hero" special, a take-off on Guitar Hero. (Yuma Daily Sun, AZ)
Get ready for the 'Toyota Shock' as the dollar slumps Dec 21, 2008
If not for the millions of US jobs hanging in the balance, the potential demise of General Motors or Chrysler might suit Toyota, Honda and Nissan just fine. Not so when the nation in which they traditionally earn more than half of their operating profit is sliding. (Business Report, South Africa)
More of this story Dec 20, 2008
Luckily, he said, Nissan his company s best seller still is handling financing. At the Saccucci Auto Group in Middletown, co-owner/general manager Barbara Saccucci Radebach said business is keeping pace with 2007 levels. (Newport Daily News, RI)
Bailout offers brief reprieve for Big 3 Dec 20, 2008
Under terms of the deal, GM and Chrysler must agree to wage and work rule changes effective by the end of 2009 to make them competitive with U.S. plants operated by Japan's Toyota, Honda and Nissan, many in the South. Last week, UAW President Ron Gettelfinger rejected a bailout deal offered by Senate Republicans that made similar demands. (MSNBC -- Race)
2009 Equator: Suzuki's new pickup truck goes on sale by end of year Dec 20, 2008
I can pinpoint some approximation on estimated pricing based on the trucks the Equator intends to compete against, which are the Nissan Frontier, Toyota Tacoma and Ford Ranger ... The Equator is a joint effort with Nissan and is built at Nissan's plant in Smyrna, Tenn ... The Suzuki Equator has the same engine offerings and power ratings as the Nissan Frontier. (San Francisco Chronicle)
Bush reviews bailout options Dec 20, 2008
On Thursday, Republican lawmakers demanded that the union accept a lower pay and benefits package in line with compensation earned by workers at U.S. factories producing cars for Japanese companies such as Honda, Toyota and Nissan ... Honda, Toyota, BMW and Nissan are profitbale companies so we should take their tax dollars and bail out 3 auto makers with poor business models. (Insight on the News)
There Are Too Many Car Companies Anyway Dec 20, 2008
Audi BMW Buick Cadillac Chevrolet Chrysler Corvette Dodge Ferrari Ford Honda Hummer Hyundai Infiniti Jaguar Jeep Kia Lamborghini Land Rover Lexus Lincoln Lotus Maserati Mazda Mercedes-Benz Mini Mitsubishi Nissan Pontiac Porsche Saab Saturn Scion Smart Subaru Suzuki Tesla Toyota Volkswagen Volvo ... Buick Chevrolet Chrysler Dodge Ford Honda Hyundai Kia Mazda Nissan Pontiac Saab Suzuki Saturn Toyota Volkswagen. (Forbes)
