As Japan's top automobile executives gathered at an industry event in Tokyo to kick off the new year, Nissan COO Toshiyuki Shiga said he's expecting growth in 2013, citing the weaker yen and an improving outlook in China.
The Renault-Nissan Alliance and Russian Technologies State Corporation have created a joint venture which will hold their entire equity interests in AVTOVAZ and serve as a stable, long-term controlling shareholder for Russia's largest car company and the owner of the LADA brand.
Slower sales and increased competition in markets such as China, Russia and Europe put a strain on October results, says Nissan EVP of Global Sales Takao Katagiri. Highlights of the month, however, include the popularity of new models, an updated Nissan LEAF in Japan, and strong sales in Thailand.
Usain Bolt, the world's fastest man, is taking his passion for speed and performance, and his desire to help others, and applying them to charity. A unique 2013 model year "Bolt Gold" GT-R will go to the highest bidder in a global online charity auction to be held on eBay from November 22 to December 2, 2012.