Nissan: Qashqai maker in the red despite sales accelerating by over £2bn April 4, 2025 The UK arm of Japanese carmaking giant Nissan fell into the red despite its sales surging by more than £2bn, it has been revealed. Based out of its Sunderland factory, Nissan’s UK arm has reported a pre-tax loss of £67.2m for the 12 months to 31 March, 2024, new accounts filed with Companies House show. [...]
Trump slaps 25 per cent tariffs on all car imports March 27, 2025 President Trump announced late on Wednesday that he will impose a universal 25 per cent tariff on all car imports into the US, just hours after the Office for Budget Responsibility warned that fresh tariffs would erase Reeves’ newfound fiscal headroom. These new levies are part of a package of anti-trade measures from 2 April, [...]
Government poised for ‘substantial change’ to ZEV Mandate after Nissan lobbying March 7, 2025 The government has indicated it plans to relax electric vehicle sales quotas after Nissan claimed they threatened the future of its Sunderland manufacturing plant. Jonathan Reynolds told the Times a “substantial change of policy” had been agreed. “We will do everything we can to make sure Nissan has that secure long-term future in the UK, [...]
Honda and Nissan merger talks collapse February 13, 2025 Japanese carmakers Honda, Nissan and Mitsubishi have said they are dropping their talks to integrate their businesses. They agreed to end their consideration of how to build a structure for the three brands to collaborate, their joint statement said. Honda Motor Co and Nissan Motor Corp announced in December they would hold talks to set up a [...]
Nissan supplier to create almost 200 jobs with new £50m EV factory January 16, 2025 A major supplier of Nissan has invested nearly £50m to open a new factory in Sunderland, creating 183 high-skilled jobs for the local region. Jatco, a Japanese firm which makes gearboxes for global automakers, will build electrified powertrains for Nissan’s nearby gigafactory. Situated in Sunderland’s International Advanced Manufacturing Park, the 138,840 sq ft plant is [...]
Shipping giants face landmark cartel class action for overcharging UK motorists January 13, 2025 First follow-on cartel class action to hit a trial in the UK kicks off over allegations that shipping firms overcharged British consumers for car deliveries
Ex-Aston Martin CEO: Scrap hybrids, go all in on EV cars January 11, 2025 Our reliance on hybrid is holding us back from real progress. It's time to go all in on EV cars, writes ex-Aston Martin CEO and 'godfather of EVs' Andy Palmer.
Honda and Nissan unveil merger plans as talks continue December 23, 2024 Honda and Nissan have signed a deal to proceed with talks to unify under a joint holding company, it has been announced.
Honda and Nissan merger talks spark UK job fears December 18, 2024 Experts say the UK's unfavourable tax environment and declining automotive sector put it at greater risk as the industry consolidates.
Nissan chief warns China’s EV car market is a ‘survival game’ May 7, 2024 Nissan boss Makoto Uchida has described the Chinese market as a “survival game” after the Japanese carmaker cut its estimates for car sales in February