Nissan Motor Co. News

Nissan Investing in Electric Vehicles, Battery Development

TOKYO (AP) — Nissan said Monday it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup. The Japanese automaker’s chief executive, Makoto Uchida, said …

Toyota Leads Losses After Renesas Fire Stokes Chip Crunch Fears

Japanese automaker shares fell Monday after a fire unexpectedly halted one of chipmaker Renesas Electronics Corp.’s largest plants, exacerbating a growing global shortage of automotive semiconductors. Renesas slid as much as 5.4%, while customers from Toyota Motor Corp. to Honda …

Nissan Recalls Nearly 400,000 Vehicles Over Braking System Defect

Japan’s Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. The leak into internal circuit boards …

U of M, Carmakers Fund Research Toward Communicating Cars

A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said. The university’s Mobility …