by admin | May 25, 2021 | Business, Large Enterprise, World
London : Japanese carmaker Nissan confirmed it had abandoned plans to build the new model X-Trail in Sunderland, UK, Sky News reported on Sunday.
According to a letter written by Nissan Europe chairman Gianluca de Ficchy to workers, the X-Trail will continue to be made in Japan.
Ficchy said Brexit uncertainty had played a part in the decision, added that “We have taken this decision for the business reasons I’ve explained, but clearly the uncertainty around the UK’s future relationship with the EU is not helping companies like ours to plan for the future.”
“With the UK’s departure from the EU on March 29th getting closer every week, we have a taskforce in place, reporting to me, that it is considering all of the possible scenarios and the potential impact on business,” he said, reports Xinhua.
He said the workforce in Sunderland will continue to benefit from the investment planned for Juke and Qashqai.
Nissan employs around 7,000 people in Sunderland. The X-Trail production plans had been announced in the autumn of 2016.
—IANS
by admin | May 25, 2021 | Business, Corporate, Corporate Buzz, Large Enterprise
Tokyo : Automobile giant Nissan on Tuesday resumed the production and shipment of vehicles in five of its six plants in Japan after authorities approved the measures taken to put an end to inspection irregularities.
The Japanese Ministry of Land, Infrastructure, Transport and Tourism inspected the Nissan factories between November 1 and 5, with the exception of the plant in Kyoto of its subsidiary Nissan Shatai, and approved the corrections and preventive measures adopted.
A spokesperson for Nissan told Efe news that the inspection of the Kyoto plant was carried out independently of the others, and thus the approval of the Ministry could take some time to obtain.
The company made the decision to halt the marketing and production in Japan after verifying that the irregularities persisted in some of its factories, even after the problem came to light on September 29.
The Japanese regulations stipulate that only inspectors who are certified and previously registered in the system approved by the MLIT can grant the approval to the vehicles that are going to be sold in the Japanese market.
However, some of the reviews on Nissan’s vehicles were conducted by non-accredited personnel, although the reports were signed by certified workers, which is an irregular practice in the Asian country.
The company has taken measures to “ensure final vehicle inspection conforms with Japanese regulations”, and after discovering “flaws” in the plants’ internal registration process and education programmes for final vehicle inspectors, it will “take additional corrective measures, including re-education and re-examination”.
The irregularities forced the company to review more than one million vehicles and impacted its sales in Japan in October, which could drop by around 50 per cent, according to Nissan’s estimates.
The company will publish the final sales data corresponding to October at the end of November.
—IANS
by admin | May 25, 2021 | Corporate, Corporate Buzz
Tokyo (IANS) Japanese automobile manufacturer Nissan Motor plans to acquire a more than 30 percent stake of Mitsubishi Motors with 200 billion yen ($1 billion).
Directors of both companies are scheduled to meet on Thursday to begin negotiations on the operation, EFE news reported.
According to officials, if the alliance takes place, Nissan would have a majority stake in Mitsubishi Motors, ahead of Mitsubishi Heavy Industries which currently owns 20 percent.
With this acquisition, Nissan seeks to reinforce the activities of Mitsubishi and clean the company’s image after it was affected by the scandal of falsified fuel efficiency data of several of its small vehicles.
Mitsubishi has recently admitted that since 1991 the company has used irregular methods for testing the energy efficiency of several models so that the test results in fuel consumption were exaggerated by 10 percent.
The manipulation affects at least 625,000 cars sold in Japan although the figure could rise according to the latest details of the case revealed by the company.