Nissan

Nissan

Nissan is an automotive brand manufacturer founded in 1933 by Yoshisuke Aikawa, Den Kenjirō and William Gorham.

Nissan is an automobile company headquartered in Yokohama, Japan. The company was founded in 1934, by Yoshisuke Aikawa, William Gorham and Den Kenjiro. The company was originally founded and known as Datsun.

Nissan's founder, Yoshisuke Aikawa graduated from Tokyo Imperial University and moved to the United States where he worked in a factory in order to develop casting skills which he used to establish Tobata Casting Co., Ltd., after he returned to Japan in 1910. Meanwhile in 1911, Masujiro Hashimoto established The Kwaishinsha Motor Car Works which turned out to be the leader in the domestic automobile industry in Japan. In 1914, Kwaishinsha manufactured the DAT car which was named after three men who invested in the company Kenjiro Den, Rokuro Aoyama, and Aketaro Takeuchi.

In 1931, DAT Jidosha Seizo Co., Ltd. became affiliated with Tobata Casting Co., Ltd. by becoming a subsidiary of Tobata. In 1932, the company changed its name to Datsun. By 1934 the corporate name had officially changed to Nissan Motor Co., Ltd. when Nihon Sangyo Co., Ltd. became the only investor at a stockholders meeting.

From 1938 and through 1945, Nissan switched from producing smaller vehicles such as cars to producing trucks and military vehicles. The Allied forces took control over Nissan's productions in 1945 and didn't release full control until 1955. The 60's and 70's were times of growth and expansion for Nissan due to the release of economical and affordable cars. With success in the United States in the 70's, Nissan was able to expand to seventeen countries with manufacturing plants.

In the late 90's, Nissan made an alliance with Renault and took over Renaults luxury car line known as Infiniti. Today Nissan is one of the largest car manufacturers in Japan, and the world with models such as the Titan pickup truck, their Z-series of sports cars, and their Altima and Maxima sedans.

Timeline

May 25, 2020

Nissan and Renault plan to disclose billions of dollars in cost cuts and slash capacity by an additional million vehicles in view of the coronavirus shutdowns.

April 2020

Nissan says that it expects to post an annual operating loss of up to 45bn Yen (£340m).

October 8, 2019

Nissan announces Makoto Uchida as new CEO.

September 13, 2019

Nissan announces that it was teaming up with two popular gaming teams to design new gaming chair concepts.

September 12, 2019

Nissan's board puts the cost of the Ghosn affair at ¥35bn.

May 2016

Nissan buys a 34% stake in Mitsubishi Motors.

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The Associated Press
September 15, 2020
CTVNews
The financial misconduct trial of former Nissan executive Greg Kelly began Tuesday with Kelly saying he committed no crimes and was only trying to keep his star boss Carlos Ghosn from leaving.
The Associated Press
September 6, 2020
CTVNews
His boss Carlos Ghosn escaped financial misconduct charges by fleeing the country, but another former Nissan executive is still awaiting trial in Japan.
The Associated Press
August 31, 2020
CTVNews
Former Mitsubishi Motors Chief Executive Osamu Masuko, who engineered the Japanese automaker's alliance with Nissan, has died. He was 71.
The Associated Press
August 20, 2020
CTVNews
The case against former Nissan executive Carlos Ghosn may have taken another turn as Japanese media report allegations that the automaker declared as expenses 1.15 billion yen (US$10.8 million) in his taxable personal income.
Graham Readfearn
August 18, 2020
the Guardian
A Hyundai Kona electric vehicle. Australia's sales of electric vehicles tripled in 2019 and the network of charging stations is also growing. Photograph: Hyundai Images
Reuters
July 28, 2020
@bsindia
Nissan Motor Co said it expects to make an annual operating loss for a second straight year, as the coronavirus pandemic hampers its efforts to emerge from a deep slump in sales
AP | PTI
July 15, 2020
@bsindia
The Ariya is set to go on sale in Japan by the middle of next year, and in Europe, North America and China by the end of 2021
Kirsten Korosec
July 15, 2020
TechCrunch
Nissan unveiled today the Ariya, an all-electric SUV with an estimated 300 miles of range and a starting price tag of $40,000 that marks the beginning of a four-year plan aiming for growth and profitability. The Nissan Ariya will first be sold in Japan in mid-2021, before heading to dealerships in the U.S. and Canada [...]
BBC News
July 2, 2020
BBC News
The ex-soldier and his son are held in the US for allegedly helping the ex-Nissan boss flee Japan.
AP
June 29, 2020
@bsindia
Nissan Chief Executive Makoto Uchida told shareholders he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia
Reuters
June 29, 2020
@bsindia
TOKYO (Reuters) - Nissan Motor Co Ltd <7201.T> on Monday blasted suggestions in media reports of a conspiracy within the company to oust former chairman Carlos Ghosn.
Theo Leggett
June 22, 2020
BBC News
Renault and Nissan deny their vehicles are equipped with devices designed to cheat emissions tests
Norihiko Shirouzu
June 17, 2020
U.S.
Nissan's chief operating officer Ashwani Gupta helped engineer the troubled automaker's latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge.
Reuters Editorial
June 11, 2020
U.S.
Renault &#039;s partnership with Japan&#039;s Nissan <7201.T> has entered an &quot;incredibly positive&quot; phase after episodes of strained relations in recent years, the French carmaker&#039;s chairman Jean-Dominique Senard said on Thursday.
Reuters Editorial
June 3, 2020
IN
Nissan's car manufacturing plant in Sunderland, northern England, which employs 7,000, is "unsustainable" if Britain leaves the European Union without a trade deal, it said on Wednesday.
Simon Jack
June 2, 2020
BBC News
Britain's largest car plant is "unsustainable" without a trade deal, the Japanese company says.
The Associated Press
May 28, 2020
CTVNews
Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production.
BBC News
May 28, 2020
BBC News
Almost 3,000 jobs will go as Nissan, which owns a huge factory in Britain, reacts to falling car sales.
Norihiko Shirouzu
May 25, 2020
U.S.
Renault and Nissan <7201.T> have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.
Reuters Editorial
May 25, 2020
U.S.
The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with activities that are directly related to vehicle and autoparts manufacturing.
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