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Nissan Motor Co Ltd

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  • In the third quarter alone, when Nissan's earnings eclipsed analyst estimates, discounts cost the automaker around $3,500 per vehicle, according to researcher Autodata. But the strength of dollar sales in yen terms drove up income, helping Nissan offset weaker-than-expected demand in China and Russia. Nissan raised its operating profit forecast by 6.5...

  • YOKOHAMA, Feb 9- Nissan Motor Co lifted its annual earnings forecast on Monday, expecting its highest operating profit in seven years due to favourable currency movement and further cost cuts. Nissan raised its operating profit projection to 570 billion yen for the year to end-March from the previously forecast 535 billion yen. Nissan also changed its dollar...

  • Nissan results accelerate on new models, cuts Monday, 9 Feb 2015 | 3:13 AM ET

    Nissan Motor lifts forecasts after better-than-anticipated third-quarter results.

  • YOKOHAMA, Feb 9- Nissan Motor Co Ltd lifted its operating profit forecast by 6.5 percent on Monday after better-than-anticipated results in the third quarter, citing brisk sales from new products, favorable exchange rates and cost cuts. Japan's No. 2 carmaker by sales said it now expects operating profit of 570 billion yen instead of the previous forecast of 535...

  • Asian stocks mixed on renewed China worries Monday, 9 Feb 2015 | 2:38 AM ET
    Premium Shanghai stocks

    Asian stocks traded mixed on Monday, as a weak trade report from China over the weekend, along with a selloff in U.S. shares, depressed sentiment.

  • *U.S. rate hikes positive for Japan only if gradual- analyst. TOKYO, Feb 9- Japan's Nikkei share average was steady on Monday morning as the yen weakened against the dollar after strong U.S. jobs data, but gains were limited as weak Chinese trade numbers capped risk appetites. "A U.S. rate hike is positive for the Japanese market only when rates are gradually rising," said...

  • TOKYO, Feb 6- Japanese automakers are being forced to ship some car parts to U.S. plants by expensive air cargo and tweak production processes as a protracted labour dispute at U.S. West Coast ports shows no signs of letting up. Fuji Heavy Industries Ltd's Subaru, the fastest-growing brand in the United States, said this week that it now had to shoulder an extra 7...

  • DETROIT, Feb 4- A consortium of 10 automakers led by Toyota Motor Corp plans to hire an independent engineering firm and a former top U.S. auto safety regulator to investigate a rash of problems with air bags supplied by Japan's Takata Corp, the group said on Wednesday. The carmakers want a forensic engineering firm "to address the technical issues with Takata air...

  • Asian stock markets outside Shanghai joined the global rally on Wednesday, shrugging off a slip in crude oil prices in early trading.

  • Big vehicles = big gains as truck, SUV sales soar Tuesday, 3 Feb 2015 | 1:05 PM ET
    2015 Jeep Cherokee

    Americans are buying trucks, SUVs and crossovers at their fastest pace in years.

  • Trucks, SUVs drive US vehicle sales in January Tuesday, 3 Feb 2015 | 11:29 AM ET
    A Chrysler Ram 1500 truck goes through the assembly line at the Warren Truck Assembly Plant in Warren, Michigan.

    January U.S. car sales analysts' expectations, as low gasoline prices and easy credit terms helped fuel sales of utility vehicles and big pickups.

  • DETROIT, Feb 3- January U.S. car sales by the three Detroit- based automakers topped analysts' expectations, as low gasoline prices and easy credit terms helped fuel sales of utility vehicles and big pickups. Sales of trucks and SUVs accounted for 69 percent of January sales at General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles, compared with 66 percent a...

  • Are commodities really bottoming out? Tuesday, 3 Feb 2015 | 10:08 AM ET
    A contractor works in the control room at an Anadarko Petroleum Corp. oil rig site in Fort Lupton, Colorado.

    The news on oil is still mostly bearish but analysts and strategists are again trying to call a bottom.

  • DETROIT, Feb 3- January car sales by the three Detroit automakers topped analysts' expectations, as low gas prices and easy credit terms helped fuel sales of utility vehicles and big pickups. General Motors Co said on Tuesday that sales rose 18 percent to 202,786, while Ford Motor Co said sales were up 15 percent to 178,351. Analysts polled by Reuters had expected...

  • Nikkei falls as weak U.S. data sours sentiment Monday, 2 Feb 2015 | 9:05 PM ET

    *Oil beneficiary stocks underperform as oil prices extend gains. TOKYO, Feb 3- Japanese stocks fell on Tuesday after disappointing U.S. economic data weighted on sentiment, while airlines and rubber makers continued to drop on a rebound in oil prices. "The Japanese market would have been strong if currency investors were taking risks and the strong dollar/yen...

  • The State Department said in a statement its role had ended because "a voluntary mediation process could not be established since Nissan was not willing to participate," with the State Department's National Contact Point, which works to further the Organization for Economic Co-operation and Development's guidelines in the United States.

  • Asian stocks started the week on the back foot, as data showing China's manufacturing sector remaining in a poor state, along with a less-than-stellar growth data from the U.S., fueled fresh worries over the global economy.

  • GM and China's SAIC to push into Indonesia Saturday, 31 Jan 2015 | 11:08 PM ET
    General Motors Chief Executive Officer Mary Barra

    General Motors and Chinese partner SAIC Motor Corp will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia's biggest market and from there tackle other markets in the region.

  • BEIJING Jan 31- General Motors and Chinese partner SAIC Motor Corp will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia's biggest market and from there tackle other markets in the region. In a report late Friday, officials from Indonesia's industry ministry told state Antara news agency...

  • Major car companies sitting out the Super Bowl Thursday, 29 Jan 2015 | 3:22 PM ET
    Still from Mercedes' Super Bowl commercial "Fable"

    General Motors, Ford and Audi are among the list of automakers that have decided not to spend $4.5 million to run 30-second commercials.