Why is Nissan closing down?
The Re:Nissan strategy, announced earlier this year, seeks to significantly cut costs through fiscal year 2027, shuttering seven plants and cutting 22,000 jobs. Re:Nissan: Our recovery plan In addition to significant cost reduction, redefining our product and market strategy and reinforcing partnerships are key drivers of Re:Nissan. We are executing the plan with a clear timeline and rigorous implementation and will transparently and regularly update our stakeholders.
Is Nissan being taken over by Honda?
Nissan and Honda announced plans to merge under a new holding company late last year. The deal quickly fell apart over culture and internal power struggles, but the two companies are continuing to work together. Renault Group and Nissan today announced new strategic projects: Renault Group would own 100% of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51%-shareholding currently held by Nissan.Since 1999, Nissan has been part of the Renault–Nissan–Mitsubishi Alliance (Mitsubishi joining in 2016), a partnership between Nissan and Mitsubishi Motors of Japan, with Renault of France. As of November 2023, Renault holds a 15% voting stake in Nissan, while Nissan holds the same stake in Renault.
What is Nissan discontinuing in 2025?
Nissan nameplates: the GT-R sports car and the Titan full-size pickup. Each had its loyal fan base, unique capabilities, and a strong identity within the brand. Their discontinuation marks a significant turning point for Nissan and the broader automotive landscape. The End of the Road for the Nissan Titan After years of offering tough competition in the full-size pickup truck market, the Nissan Titan is being discontinued. As of 2025, the Titan will no longer be part of Nissan’s lineup.The answer comes down to changing trends, new laws, and what buyers now want in a car. Nissan is focusing more on electric cars and SUVs. That means older models—like small sedans and large trucks—are being cut.The answer is a mix of declining sales, tough competition, and a shift in Nissan’s focus toward new, more innovative vehicle categories, including electric vehicles and SUVs. Despite its strong capabilities, the Titan simply couldn’t capture the market share it needed to stay viable in such a competitive segment.In August 2023, Nissan confirmed that the Titan will be discontinued after the 2024 model year due to poor sales compared to the mid-size Frontier.
Is Nissan going to end?
No exit plans for India: Nissan Motor India. Nissan Motor India has affirmed its commitment to the Indian market, dispelling exit rumors and announcing plans for expansion. The automaker will launch three new models, including a B-segment MPV and C-segment SUVs, by early 2027. Nissan Motor India is not exiting the Indian market and remains committed to its product roadmap, which includes launching three models — one multi-purpose vehicle (MPV) and two sports utility vehicles (SUVs) — between early 2026 and early 2027, the firm’s Managing Director Saurabh Vatsa said on Wednesday.Nissan Motor India has affirmed its commitment to the Indian market, dispelling exit rumors and announcing plans for expansion. The automaker will launch three new models, including a B-segment MPV and C-segment SUVs, by early 2027.
Is Nissan in financial trouble?
Nissan’s snowballing financial crisis The embattled carmaker posted a $4. March 31, 2025. The brand had a higher average score than Toyota for its compact SUVs, midsize SUVs, large SUVs, subcompact SUVs, and electric vehicles. That’s a solid performance, but Toyota does much better. Toyota takes the win in eight rounds, spanning everything from hybrids to sport compact cars to minivans.When comparing Nissan vs Toyota’s reliability, Toyota was ranked by Consumer Reports as the second most reliable out of all car brands for 2021. Nissan ranked a lot lower in sixteenth place. Toyota’s are known to be very reliable, lasting their owners decades with few significant problems.Nissan faces its worst financial crisis in 25 years and is banking on faster model development and new product launches to drive a turnaround.Toyota has had a reputation as one of the most reliable manufacturers for years, and it’s not just talk. Their models continually spend longer on the road, and retain more of their value over time, than otherwise comparable Nissan vehicles.
Who is bigger, Honda or Nissan?
Honda’s market capitalisation is about $44 billion, while Nissan’s is about $10 billion after a share price surge on Wednesday, meaning a full merger would be bigger than the giant $52 billion deal between Fiat Chrysler and PSA in 2021 to create Stellantis (STLAM. Honda is worth some 7. Nissan – which has never fully recovered from years of crisis sparked by the 2018 ouster and arrest of former chairman Carlos Ghosn – is nearly five times smaller.