Lexus and The Weinstein Company will be heading to the Napa Valley Film Festival on November 10th to premiere an exciting new film, Game, created and directed by award winning filmmaker, Jeannie Donohoe.
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Lexus and The Weinstein Company will be heading to the Napa Valley Film Festival on November 10th to premiere an exciting new film, Game, created and directed by award winning filmmaker, Jeannie Donohoe. An alum of Columbia University's graduate film program, Donohoe has written and directed several short films, including Lambing Season and Public. Donohoe is currently developing her first feature-length film, Flock.
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Toyota today launched the new Roomy and Tank, both of which will be made available through Toyota, Toyota Corolla, Toyopet, as well as Netz dealers throughout Japan.
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12th generation of Frontier pick-up takes center stageAll new Kicks crossover SV version and new color combination revealedNissan Concept 2020 VGT: futuristic performance concept; from videogames to Sao PauloMarch Special Edition & Versa Sportech show cars boast Rio design exerciseSão Paulo, Brazil – After a blockbuster year of back-to-back vehicle and technology launches capped by the Rio Olympics sponsorship, Nissan accelerates further to impress at the 2016 São Paulo Motor Show, the largest auto show in Latin America. Under the umbrella vision of Intelligent Mobility for every segment, Nissan makes several key vehicle introductions.Nissan Highlights at the 2016 Edition of the São Paulo Motor Show:New Nissan Frontier The 12th generation of the Nissan Frontier premieres in Brazil. With a reputation as STRONG and INTELLIGENT, the all-new Frontier is Nissan´s best in its 80-years pick-up history. Beyond its modern, robust design, the core of Frontier is a strengthened structure with a reinforced chassis that makes it 4 times more durable, while being lighter and more efficient. The ladder chassis with a double "C" structure design, enhances rigidity and prevents damage from external forces.A combination of technologies allow for maximum off-roading, a comfortable drive while tech features are at the service of the driver. Among them are Hill Descent Control (HDC) and Hill Start Assist (HSA). These prevent the car from rolling away when driving up or down a steep incline by automatically engaging the brakes and maintaining the vehicle; static after the brake is release, giving the driver time to apply the throttle. The model on display is the crew-cab AWD version, equipped with the all-new 2.3-liter twin-turbo diesel engine that delivers 190 hp.Nissan Kicks SV Limited Nissan's newest global crossover has been a success since its global debut in Brazil for its striking design, versatility and unique technology features. At the SPMS, the brand is unveiling the Kicks SV Limited version, available at dealerships by close of November. The SV version boasts Kicks -head-turning design and innovative items, such as zero gravity seats, first-in-class TFT display with 12 screens that show data on cruise control, audio system, fuel economy and Active Ride Control buttons. Other features are AC, GPS navigation integrated with the multimedia system, tilt and telescopic steering column, ISOFIX and LATCH mounting systems for child safety seats.Nissan Kicks "2-Tone" The launch of Kicks in 2-tone color combinations inspired Brazilian trend trackers. First available in charcoal/orange, as the concept that made it famous, and white/orange as the Olympics where it was the Official Car, Kicks now presents another color trend to watch: gray/silver. Brazilians in social media such as Facebook and Twitter have predicted what the next Kicks color trend would be. It was the brand's most commented and shared post on Nissan's official Facebook page since the Rio Games.Nissan Concept 2020 Vision Gran Turismo Nissan Concept 2020 Vision Gran Turismo is one of the most radical concept designs ever seen. Conceived as a videogame racecar by Nissan designers in Europe, it inspired Nissan engineers in Japan to make it a reality. It competes in Sony PlayStation®'s highly commended Gran Turismo® (GT6™) game. The real-life model on display in Sao Paulo was first seen at the 2015 Tokyo Motor Show.Nissan March Special Edition All the versatility of Nissan's compact model made at the Resende Industrial Complex, in Rio de Janeiro State, is shown as the Special Edition. Focused on a sporty appeal with a high-end finish, the design exercise comes with red bodywork with black roof, pillars and door mirrors with integrated turn signals. Wheels and the all-new bumpers were given a sportier appeal while the rear is now equipped with a spoiler. The styling exercise was created by the Nissan Design America – Rio (NDA-R), whose operations started in 2013 to contribute to the brand's local projects.Nissan Versa Sportech The Nissan Versa Sportech is another design exercise created by the NDA-R and comes with new aesthetic features to boost its sporty appeal. On the front, the exclusive bumper gives it the impression of having a lower overhang. There are new side skirts and the dark metal wheels team up with low profile tires, while the interior boasts exclusive leather-appointed seats.Nissan GT-R 2017 This is the first time that "Godzilla" is exhibited at Nissan's Sao Paulo Show booth as a regular production model, as the Japanese supersports car is available in Brazil since September. 2017 Nissan GT-R has been updated with an exciting new look both inside and out. It received major driving performance enhancements in key areas, which include a significantly reinforced chassis and more power from its twin-turbocharged 3.8-liter 24-valve V-6 engine that delivers 572 hp, or an increase of 20 hp compared to last year's model. # # #
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MOTEGI, Japan – The 2016 Super GT Championship will be decided this weekend with Nissan aiming to defend its championship wins in both the GT500 and GT300 classes.Ronnie Quintarelli and Tsugio Matsuda will be chasing their third consecutive GT500 championship. The duo have led the points from the opening round and have been saddled with a hefty success ballast most the way through the 2016 championship.This weekend will actually feature two separate rounds of the championship. The final scheduled round eight on Sunday as well as the previously postponed Autopolis event from round three on Saturday, which had to be cancelled after the circuit was damaged during an earthquake. For Quintarelli and Matsuda, that means they'll carry the round three ballast in Saturday's race (1kg for every earned point in the first two rounds). But then in the Sunday finale, all ballast is removed and teams will be able to fight it out the finish.With two races remaining, the NISMO #1 machine holds a 10-point lead in the championship battle. If the team clinches its third consecutive championship, it follow in the footsteps of Masahiko Kageyama who won the Japanese Grand Touring Championship – the precursor to Super GT – in 1993, 1994 and 1995 for Nissan.In the GT300 class, GT Academy winner Jann Mardenborough and Kazuki Hoshino will be out to clinch their championship aboard the Nissan GT-R NISMO GT3.They are only five points behind in the title chase and enter this weekend fresh from finishing second at the previous round at the Chang International Circuit in Thailand.This weekend's Super GT action will be live streamed on NISMO.TV on YouTube.Saturday's 53-lap race will be staged at: 13:10 - Japan Time 6:10 - Central European Time 5:10 - UK Time 12:10 - US East Coast 21:10 - US West CoastSunday's 53-lap finale will be run at: 13:30 - Japan time 6:30 - Central European Time 5:30 - UK Time 12:30 - US East Coast 21:30 - US West CoastNISMO CalendarNovember 12-13 Super GT, Twin-Ring Motegi, Japan Australian GT Championship, Highlands Park, Queenstown, New ZealandNovember 19-20 FIA WEC, BahrainDecember 3-4 Australian Supercars, Homebush Street Circuit, Sydney, NSW,AustraliaDecember 11 NISMO Festival, Fuji International Speedway, Japan # # # ContactJane Johnstone Marketing Communications Director Global Motorsport Communications Nissan/NISMO Phone: +44 7979 710646 Email: [email protected] Ryan Marketing and PR Manager Phone: +1 678 644 0404 Email: [email protected]
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CEO Carlos Ghosn announces new Nissan Intelligent Get & Go Micra service at Web Summit in LisbonConsumers share ownership with a financial stake in a new carProfile matching will create tailored groupsTransforms car-sharing model with 100-percent digital experience, smartphone access and car geo localizationPARIS – Nissan today announced a pioneering new digital-first shared car ownership service, which is set to transform the traditional car sharing industry. NISSAN INTELLIGENT GET & GO MICRA, revealed by Nissan Chairman and CEO Carlos Ghosn at the Web Summit in Lisbon, Portugal, will give people the possibility to part-own a brand new Nissan Micra.Social networking is at the heart of this plan, as Nissan is able to profile-match consumers to form next-generation car sharing communities through a 100-percent digital experience.Launching initially in the Paris area later this year, cars are expected on the road by April 2017. The service, based on a unique algorithm that uses social profiling and geo-localization technology, will match compatible owners with complementary driving needs to form a 100-percent digital, shared ownership community. With bespoke monthly invoicing based on car usage, members can expect no surprises.Commenting on the launch, Mr. Ghosn said: "We are moving toward a future where car usage may be more flexible, social and shared. At Nissan, we're pioneering new ways to allow drivers to enjoy the freedom and financial benefits of shared car ownership. And there is no better vehicle to launch this program than the all-new Micra, which embodies the vision of Nissan Intelligent Mobility."This new service is borne out of Nissan's Intelligent Mobility vision, which provides a framework for how cars are powered, driven and integrated into society, all while staying focused on creating more enjoyable driving experiences. With the proliferation of the shared economy model, which impacts everything from cars to food to homes, today's announcement is a step towards realising this Intelligent Mobility goal. NISSAN INTELLIGENT GET & GO MICRA service uses the new Nissan Micra Acenta 0.9O MT with Bose Personal Audio (a world first), and will include insurance, servicing, access to the online matching tool, smartphone app and in-car technology. Communities will need to agree upon an annual mileage limit of 15,000 km.About Nissan in Europe Nissan has one of the most comprehensive European presences of any overseas manufacturer, employing more than 17,000 staff across locally-based design, research & development, manufacturing, logistics and sales & marketing operations. Last year Nissan plants in the UK, Spain and Russia produced more than 635,000 vehicles including award-winning crossovers, commercial vehicles and the Nissan LEAF, the world's most popular electric vehicle. Pursuing a goal of zero emissions and zero fatalities on the road, Nissan recently announced its Intelligent Mobility vision. Designed to guide Nissan's product and technology pipeline, this 360 degree approach to the future of mobility will anchor critical company decisions around how cars are powered, how cars are driven, and how cars integrate into society. Nissan is positioned to become the most desirable Asian brand in Europe.About Nissan Motor Co., Ltd. Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, Infiniti and Datsun brands. In fiscal year 2015, the company sold more than 5.4 million vehicles globally, generating revenue of 12.19 trillion yen. Nissan engineers, manufactures and markets the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan's global headquarters in Yokohama, Japan, manages operations in six regions: ASEAN & Oceania; Africa, Middle East & India; China; Europe; Latin America and North America. Nissan has a global workforce of 247,500, and has been partnered with French manufacturer Renault under the Renault-Nissan Alliance since March 1999. # # # ContactGregory Neve Communications Director, Nissan France [email protected] +33 1 72 67 26 16Katherine Zachary Communications General Manager, Nissan Europe [email protected] +33 1 72 67 29 22
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Toyota Motor Corporation (TMC) today announced its financial results for the six-month period ended September 30, 2016.
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At a meeting held on November 8, 2016, the Board of Directors of Toyota Motor Corporation ("TMC") resolved to distribute dividends from surplus, with record date dated September 30, 2016. In relation to the above, we hereby inform you of the following:
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Embed this cinemagraph on your website Austrian automobile club ARBÖ recognizes VC-Turbo for its efficiencyFirst award globally for revolutionary new engineVIENNA, Austria – Infiniti's VC-Turbo variable compression engine was named by the Automobile, Motor and Bicycle Association of Austria (ARBÖ) with the Grand Austrian Automobile Award in the category "Environment." During the awards ceremony that took place in Vienna last week, VC-Turbo was honored for setting a new benchmark in terms of efficiency of next-generation combustion engines.The experts of the automobile club acknowledged Infiniti for introducing the world's first production-ready engine with variable compression. While in previous years, ARBÖ tended to award alternative propulsion systems, this year the organization recognized the potential of the VC-Turbo engine, which represents the next step in optimizing fuel efficiency of the internal combustion engine."Infiniti would like to thank the ARBÖ members for recognizing the VC-Turbo engine and the benefits it offers customers," said Roland Krueger, president of Infiniti Motor Company. "The beauty of variable compression is that the engine makes an intelligent choice between performance and efficiency, giving drivers the performance they want combined with the efficiency they need. Not only that, it is quieter and smoother. We are excited to bring this ground-breaking technology to the road and, on behalf of the entire Infiniti team, we are grateful for the recognition."Infiniti engineers have worked for 20 years on the technology to make VC-Turbo production-ready. More than 100 prototypes were tested so as to deliver a truly innovative gas engine. Thanks to a multi-link system, which is able to adapt the travel of the pistons' stroke, the all-new engine can seamlessly offer any compression ratio between 8:1 and 14:1. Lower compression ratios secure greater power and torque, whereas a higher compression improves fuel efficiency.The result is an engine delivering the power output of a V6 and the fuel economy of a diesel powertrain without the emissions associated with a diesel engine. The development objectives of the 2.0-litre four-cylinder engine with single-scroll turbocharger are: 268hp and 390Nm torque while offering at the same time 27 percent lower fuel consumption than similarly-powered V6 gasoline engines. The first Infiniti cars equipped with the VC-Turbo engine will be on sale in 2018. Click image to enlarge Click image to enlarge Related: Infiniti VC-Turbo: The world's first production-ready variable compression ratio engineAbout Infiniti Infiniti Motor Company Ltd. is headquartered in Hong Kong with sales operations in over 50 countries. The Infiniti brand was launched in 1989. Its range of premium automobiles is currently built in manufacturing facilities in Japan, the United States, United Kingdom and China. Infiniti plans to also expand manufacturing into Mexico by 2017. Infiniti design studios are located in Atsugi-Shi near Yokohama, London, San Diego and Beijing.Infiniti is in the middle of a major product offensive. The brand has been widely acclaimed for its daring design and innovative driver-assistance technologies. From the 2016 season, Infiniti is a technical partner of the Renault Sport Formula 1® team, contributing its expertise in hybrid performance.More information about Infiniti and its industry leading technologies can be found at http://www.Infiniti.com/. You can also follow us on Facebook, Twitter, LinkedIn and see all our latest videos on YouTube. # # #ContactFor Infiniti EMEA Public Relations, contact:Peter Trampert EMEA Public Relations Infiniti Europe, Middle East & Africa Phone: +41 21 822 59 81 Mobile: +41 78 688 64 65 Email : [email protected]y Steeden Manager – Media and PR Communications Infiniti UK Phone: +44 (0) 1923 899153 Mobile: +44 (0) 7796938516 Email: [email protected]
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Nissan reports first half results for fiscal year 2016Hiroto Saikawa, Co-Chief Executive Officer Nissan Motor Co., Ltd. For the six-month period to September 30th, consolidated net revenues decreased 10.3% to 5.32 trillion yen due to the negative impact from foreign exchange rates.Operating profit totaled 339.7 billion yen, which equates to an operating margin of 6.4%.Net income totaled 282.4 billion yen, which represents a 5.3% net margin. Free cash flow for the automotive business was 364.1 billion yen and we ended the period with an automotive net cash position of 1.30 trillion yen.This deterioration year-over-year came from unfavorable FX. And our operational efficiency improved year-over-year.On constant currency basis, net revenues would have shown an increase of 3.2% to 6.12 trillion yen while operating profit would have improved 31.5% to 519.5 billion yen, reflecting an operating profit margin of 8.5%.The year-over-year deterioration in Revenue, Operating Profit and Net Income comes from unfavorable FX impacts which were not completely offset by improvements in underlying the business performance - in particular, cost efficiency.FY16 FIRST HALF SALES PERFORMANCEDuring the six months ending September 30th, global total industry volumes – or TIV – reached 44.7 million units, an increase of 3.5%.Nissan’s total unit sales were 2.61 million units, a decrease of 3 thousand units. However, we remain sufficiently confident in our second-half performance that we are maintaining our sales outlook of 5.6 million units on a full year basis. We have a strong product line-up for the second half to help us reach this target.In Japan, TIV fell by 1.0% to 2.31 million units. Nissan saw unit sales decline by 20.2% to 211,000 units, resulting in a market share of 9.2% mainly due to the fact that we had to stop sales of the Dayz and Dayz Roox minicars in the first quarter.In early July, we resumed sales of the Dayz and Dayz Roox minicars. At the end of August, we launched the all-new Serena.We have received almost 30,000 vehicle orders so far, which significantly exceeds the planned pace of 8,000 vehicles per month.Encouragingly, over 60% of new Serena customers opted for Pro-pilot, signaling promising demand for autonomous-drive technologies.In China, where our sales performance is measured on a calendar-year basis, first half TIV was up 7.9% to 12.31 million units.Nissan’s sales increased 3.8% to 610 thousand units, representing a market share of 5.0% for the half.For the nine-month period to the end of September, our China sales reached 929 thousand units which was up 8.2% versus the prior year period, but behind overall TIV growth.It could be explained by two factors. One is low demand for light commercial vehicles, where we have a 5.3% share of a Chinese LCV market that declined 11.2% in the 9-month period to September 30. The second point is the rapid growth of the local brands in passenger car segment. The Venucia brand could not keep pace with the strong growth of other local brands.In the U.S., TIV was down 0.8% at 9.03 million units. But Nissan’s sales rose by 3.7% to 783 thousand units, equivalent to a market share of 8.7%, amid strong demand for Rogue, Altima and Maxima.In Canada, sales rose by 1.4% to 74 thousand units, resulting in a market share of 6.7%.In Mexico, we remained number-one with unit sales increasing 14.8% to 191 thousand units, equivalent to a market share of 24.7%.In Europe, including Russia, our sales totaled 362 thousand units, resulting in a market share of 3.8%. Excluding Russia, sales rose by 4.4% to 319,000 units, which resulted in a market share of 3.6%.In Russia, the market continued to be impacted by the weak ruble and economic uncertainty. Our sales decreased 30.1% to 43,000 units and our market share was down 1.5 pp to 6.1%Our market share in Europe declined due to underperformance in the B segment. However we are expecting strong sales of the all new Micra later in this fiscal year which we unveiled last month at the Paris Motor Show.In other markets, our sales decreased 4.9% to 382,000 units due to overall weak industry demand.Unit sales in Asia and Oceania decreased 0.1% to 168,000 vehicles and sales in Africa and others totaled 41,000 units, down 18.4%.Although sales in Latin America and the Middle East decreased to 83,000 units and 90,000 units respectively, we outperformed those markets.FY16 FIRST HALF FINANCIAL PERFORMANCEMoving to the detail of our financial results, as with previous quarters, Nissan is presenting its financial performance under the equity accounting method for our joint venture in China.On this basis:Consolidated net revenues totaled 5.32 trillion yen.Operating profit totaled 339.7 billion yen, which equates to an operating margin of 6.4%.Net income was 282.4 billion yen, which represents a 5.3% net margin.Looking at the operating profit movement:Overall including volumes, M&S, and Monozkuri performance, we produced a positive impact of 124.5 billion yen.Meaning without the negative impact by FX, our operating profit margin increased 1.8 percentage points to 8.5% by efficiency improvement of our operations.FX however had a negative impact of 179.8 billion yen, resulting in a reported operating profit of 339.7 billion yen.On a management pro forma basis, which includes the proportionate consolidation of our Chinese joint venture, our key indicators showed that:Net revenues totaled 5.84 trillion yen for the half.Operating profit was 412.0 billion yen.Net income totaled 282.4 billion yen.Automotive free cash flow was 408.1 billion yen; andWe ended the period with automotive net cash of 1.46 trillion yen.On a pro forma basis, our actual operating profit margin was 7.1%. If we did not have significant headwinds by FX, this 7.1% of operating margin would have been 9.0%.BUSINESS HIGHLIGHTSDuring the first half, we continued to launch exciting new products as planned in the Nissan Power 88 midterm plan.Our new models have included the new Datsun redi-Go crossover in India, the all new Serena in Japan, the new Kicks in Brazil, the 2017 Pathfinder, the all new Armada, and the new Titan half-ton pick-up truck in North America.For each of these models, initial demand is encouraging, giving us strong momentum as we enter the second half.To sustain that momentum, we will launch more new products in the coming months. As a result, we expect strong growth in the second half.In North America, the new Rogue will contribute to our sales forecast for the fiscal year.At the recent Paris motor show, we unveiled the new Micra model for Europe which will be assembled at a Renault plant at Flins, France from December.We began sales of the all new Serena in Japan on August 24th. And last week, we began sales of and the Note e-POWER in Japan. It marks a big milestone in our electrification strategy under Nissan Intelligent Mobility. We are confident in the potential of the Note e-POWER, which went on sale on November 2nd.We also saw continued momentum at our premium Infiniti brand, where unit sales rose 5.8% to 106 thousand units in the first half of the fiscal year. This was driven primarily by encouraging demand for the Q30 in Europe as well as the QX30 and QX60 in North America.Nissan has continued to build its brand profile.In the first half, we sponsored major sporting events – notably the Summer Olympics and Paralympic Games in Brazil, the European Champions League and college sports in the USA.These activities helped to lift brand visibility this year. According to the Interbrand survey of top brands, Nissan rose 6 positions and is now ranked 43rd in global brands.We also see the accelerating adoption of new technology as key to building our brand profile. That will continue in the future.One of our biggest priority areas is to build on our Nissan Intelligent Mobility vision for building a zero-emission, zero-fatality future for driving. Nissan Intelligent Mobility is featuring in more new vehicles such as the latest Serena, where we are offering ProPILOT functions. This autonomous drive technology combines automated steering, accelerator and braking to ease driver workload in heavy traffic and on long journeys.We have been actively building partnerships beyond the traditional automotive industry to jointly work on further enhancing Nissan Intelligent Mobility.We as the Alliance recently announced a multiyear agreement with Microsoft to partner on next-generation technologies including the Microsoft Azure, which is one of their intelligent cloud offerings.We as an Alliance acquired Sylpheo, the French software development company, to accelerate the expansion of our connected vehicle and mobility services program.Last month, we announced the expansion of our Alliance strategy by completing the acquisition of a 34% stake in Mitsubishi Motors for 237 billion yen.As part of the Alliance, we will target synergy benefits through collaboration on joint purchasing, deeper localization, joint plant utilization, common vehicle platforms, technology sharing and an expansion of the companies' combined presence in both developed and emerging markets.We are also accelerating our six-year partnership with Daimler through cooperation on a production facility at Aguascalientes in Mexico, as well as the forthcoming one-ton pick-up production in Argentina, and joint engine production in North America.FY16 FULL YEAR GUIDANCERelative to our outlook for the full fiscal year, we are maintaining our previously announced financial and volume guidance.Nissan maintains a progressive dividend policy reflecting our profitability and solid free cash flow generation and remain committed to a minimum pay-out ratio of 30%. For the 2016 fiscal year, our previous projection of an increase in the full year dividend to 48 yen per share is maintained. Earlier today, our Board approved payment of an interim dividend of 24 yen per share to be made on November 25, 2016.CONCLUSIONIn summary, despite strong headwinds in the first half, particularly on the FX front, we have delivered solid business performance and financial results leveraging improved operational efficiency. Looking forward, we are committed to growing our business in a sustainable way delivering solid earnings, positive automotive free cash flow and attractive shareholder returns. # # #
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