Nissan teams dominate wet Imola ELMS

by News Feeder, 04-04-2024, 02:01 PM

It's been raining hard at @autodromoimola, now its raining champagne for our @nissan-powered @EuropeanLMS teams. pic.twitter.com/QrbMasv4hA— Nissan NISMO (@NISMO) May 15, 2016IMOLA, Emilia-Romagna, Italy – Thiriet by TDS Racing and United Autosports were the big winners in the LM P2 and LM P3 classes in the European Le Mans Series last weekend at a rain soaked Imola.The final portion of the four-hour race was run under safety car conditions after torrential rain struck the Autodromo Enzo e Dino Ferrari.Mathias Beche, Pierre Thiriet and Ryo Hirakawa took the victory in LM P2 ahead of the G-Drive Racing entry of NISMO athlete Harry Tincknell, who drove with Simon Dolan and Giedo Van der Garde.Chequered flag at @autodromoimola. @Nissan-power takes 9 of the top 10 spots in @EuropeanLMS https://t.co/Xbi3NE9aYp pic.twitter.com/coLzsURNxe— Nissan NISMO (@NISMO) May 15, 2016Tincknell and his teammates now hold a 13-point lead in the championship after the opening two rounds.Nissan-powered nine of the top 10 finishes at Imola including the first eight LM P2 machines.Sir Chris Hoy's final ELMS race before his Le Mans debut ended in disappointment after the Olympic cycling legend had completed a double stint behind the wheel."We're obviously disappointed not to have finished the race today due to the power steering failure, but as frustrating as it was, it's far better for something like this to happen now than when we're at Le Mans," said Hoy. "I was happy with my double stint during the race and pleased with my lap times. Everything feels much more intuitive in the car now and as a team we're working well together. It's all useful preparation for Le Mans though, and I'm really looking forward to the official test day at La Sarthe in a few weeks."Congratulations to our @Nissan-powered teams at @autodromoimola. @TDSRacing_live wins P2 and @UnitedAutosport P3 pic.twitter.com/nCPCydkMu0— Nissan NISMO (@NISMO) May 15, 2016Hoy will return to the Algarve Pro team for Le Mans next month teamed with Michael Munemann and Renault-Nissan Alliance Athlete, Andrea Pizzitola.United Autosports continued its perfect start to the Nissan-powered LM P3 championship with its second consecutive win for Alex Brundle, Mike Guasch and Christian England.NISMO CalendarMay 21-22 V8 Supercar, Winton, Victoria, Australia Pirelli World Challenge, Canadian Tire Motorsport Park, Ontario, CanadaMay 28-29 Nurburgring 24 Hour, Nurburgring, Germany Pirelli World Challenge, Lime Rock Park, Connecticut, USA Micra Cup Canada, Mont Tremblant, Quebec, CanadaJune 4-5 24 Hours of Le Mans Test Day # # #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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Renault Sport Formula One Team finishes a close-packed 13th and 14th in Spanish Grand

by News Feeder, 04-04-2024, 10:16 AM

BARCELONA, Spain – Renault Sport Formula One Team finished a close-packed 13th and 14th in today’s Pirelli Spanish Grand Prix at the Circuit de Barcelona-Catalunya. A different strategy was employed across the two cars, with Kevin Magnussen changing to a three-stop race and Jolyon Palmer running to two stops. Both drivers were right together for the final laps, with Jolyon finishing just 2.7 seconds ahead of Kevin. Kevin started the race in P15 on new soft Pirelli tires, changing to a new set of medium on lap 10, a new set of hard tires on lap 30 and a scrubbed set of soft tires on lap 55.Jolyon started the race in P17 on new soft tires, changing to new medium tires on lap 11 and new hard compound tires on lap 33.Kevin Magnussen, #20, R.S.16-02: Started P15, finished P14“We had decent pace on the soft tire, but on the hard and the medium – especially the medium – we were weak. It wasn’t a good day for me, and I’ll be working closely with the team to understand why we weren’t able to deliver. I’m definitely looking forward to the test and getting some new bits on the car, as today certainly wasn’t representative of what we’re capable of achieving.” Jolyon Palmer, #30, R.S.16-03: Started P17, finished P13“I think that was probably the best race I’ve done in terms of pace and performance. The car was feeling okay, we were battling tire degradation a bit but it was manageable. It’s a bit disappointing not to finish in the points, but for myself, I’m happy. More performance should be coming from the upgrades we have in store, so I’m looking forward to Monaco.” Fred Vasseur, Racing Director“That was a tough race for us, but both our drivers pushed hard right until the checkered flag. Kevin struggled on the hard tire, so we switched strategy for him – whereas Jolyon was able to make the most of a two-stop strategy and gave us his best performance to date. It was a great race for Formula 1 today. Congratulations to Max Verstappen on his first Grand Prix victory; it is good for the sport to see Red Bull back on the top step of the podium, especially in such an exciting manner.” # # #

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Toyota Mobility Foundation Joins New Cities Foundation as Global Strategic Member

by News Feeder, 04-04-2024, 09:25 AM

The New Cities Foundation today welcomed Toyota Mobility Foundation as latest Global Strategic Member. The partnership between the two organizations aims to activate the next generation of urban mobility solutions.

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Jap Day Castle Combe May 14th 2016

by Lexuspat, 02-04-2024, 05:25 PM

Please add all your pics from today's event in this thread for all to see

Stop-sale & recall issued for 2016-2017 Subaru Legacy due to steering problems

by News Feeder, 01-04-2024, 01:17 PM

Subaru is recalling and halting the sale of nearly 50,000 Legacy and Outback vehicles from the 2016 and 2017 model years. According to the National Highway Traffic Safety Administration, some of those vehicles may have serious problems with their steering columns, which could prevent owners from controlling them in traffic. Until the vehicles are...

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Nissan Motor and Nissan Arc develop new analysis method to boost lithium-ion battery

by News Feeder, 01-04-2024, 07:02 AM

YOKOHAMA, Japan (May 13, 2016) – Nissan Motor Co., Ltd. and Nissan Arc Ltd. announced today joint development of an atomic analysis methodology that will aid in boosting the performance of lithium-ion batteries, and ultimately extend the driving range of zero-emission electric vehicles.The breakthrough was the result of a combined R&D effort between Nissan Arc Ltd., a Nissan subsidiary, Tohoku University, the National Institute for Materials Science (NIMS), the Japan Synchrotron Radiation Research Institute (JASRI), and Japan Science and Technology Agency (JST).The analysis examines the structure of amorphous silicon monoxide (SiO), widely seen as key to boosting next-generation lithium-ion battery (Li-ion) capacity, allowing researchers to better understand electrode structure during charging cycles.Silicon (Si) is capable of holding greater amounts of lithium, compared with common carbon-based materials, but in crystalline form possesses a structure that deteriorates during charging cycles, ultimately impacting performance. However, amorphous SiO is resistant to such deterioration.Its base structure had been unknown, making it difficult for mass production. However, the new methodology provides an accurate understanding of the amorphous structure of SiO, based on a combination of structural analyses and computer simulations.The atomic structure of SiO was thought to be inhomogeneous, making its precise atomic arrangements the subject of debate. The new findings show that its structure allows the storage of a larger number of Li ions, in turn leading to better battery performance.“The invention of this new analysis method is essential to further develop the next generation of high-capacity lithium-ion batteries. It will certainly become one of our core technologies. The utilization of this analysis method in our future R&D will surely contribute to extending the cruising range of future zero-emission vehicles,” said Takao Asami, Senior Vice President of Nissan Motor Co., Ltd. and President of Nissan Arc Ltd.Daniele Schillaci, Executive Vice President of Nissan Motor Co., Ltd., Global Sales & Marketing including Zero Emission Vehicle and Battery business, said the development was another proof point of Nissan’s commitment to innovation in advanced technologies.“Nissan is exploring a wide range of energy sources for tomorrow’s vehicles, and we recognize our role in continuously investing in multiple technologies and intelligent mobility,” said Schillaci.The contents of this release have been published online in the British multidisciplinary science journal, “Nature Communications,” on May 13, 2016.###

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Notice of Introduction of Compensation in the Form of Stock Options (Stock Acquisitio

by News Feeder, 01-04-2024, 04:47 AM

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Nissan reports April 2016 sales for Europe

by News Feeder, 31-03-2024, 02:49 PM

20162015April sales (units)52,59654,781April Market share3.2 percent3.6 percent ROLLE, Switzerland – Nissan announced today European sales for April of 52,596 units (Nissan and Datsun), representing a market share of 3.2 percent. Calendar year sales to date total 258,987 units with a market share of 3.9 percent.April and Calendar year highlights:Sales in the UK totaled 10,119 units with a market share of 4.7 percent. Calendar year sales total 56,706 units and market share is 5.25 percent.Sales in Germany totaled 6,215 units recording the best April result in the market since 1998, with a market share of 1.9 percent. Calendar year sales to date total 27,193 units and market share is 2.3 percent.Sales in Spain totaled 4,863 units and a market share of 4 percent - Nissan Spain's best April result since 2008. Calendar year sales to date total 21,668 units and market share is 4.9 percent.Sales in France totaled 6,530 units and a market share of 3 percent. Calendar year sales total 27,973 units and market share is 3.4 percent.Nissan in Italy recorded sales of 5,873 units in April with a market share of 3.2 percent an increase of 7.1 percent on April 2015. Calendar year sales to date total 24,233 and market share is 3.3 percent.Datsun sales in Russia totaled 815 units in April with 5,288 units sold from January to April 2016.TOP 5 EUROPEAN MARKETS APRIL 2016 #MARKETUNIT SALES1UK10,1192FRANCE6,5303GERMANY6,2154ITALY5,8735RUSSIA5,387 TOP 5 MODELS APRIL 2016#MODELUNIT SALES1QASHQAI19,5542JUKE8,7193X TRAIL5,3004MICRA4,7095NOTE2,456 Russia = Nissan & Datsun # # #ContactSara Jenkins Corporate Communications [email protected] +41(0)79 808 3397

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Nissan and Mitsubishi Motors forge strategic alliance

by News Feeder, 31-03-2024, 06:38 AM

(Yokohama and Tokyo) – May 12, 2016. Nissan Motor Co., Ltd., (“Nissan”), and Mitsubishi Motors Corporation, (“MMC”) announced that they have signed a Basic Agreement today to form a far-reaching strategic alliance between the two Japanese automakers.Following an MMC share issue, Nissan will take a 34% equity stake in MMC for 237 billion yen.The strategic alliance will extend an existing partnership between Nissan and MMC, under which the two companies have jointly collaborated for the past five years.Nissan and MMC have agreed to cooperate in areas including purchasing, common vehicle platforms, technology-sharing, joint plant utilization and growth markets.Carlos Ghosn, chief executive and president of Nissan, said: “This is a breakthrough transaction and a win-win for both Nissan and Mitsubishi Motors. It creates a dynamic new force in the automotive industry that will cooperate intensively, and generate sizeable synergies. We will be the largest shareholder of MMC, respecting their brand, their history and boosting their growth prospects. We will support MMC as they address their challenges and welcome them as the newest member of our enlarged Alliance family.”Osamu Masuko, chairman of the board and chief executive of MMC, said: “Through its long history of successful partnerships Nissan Motor has developed a deep knowledge of maximizing the benefits from alliance partnerships. This agreement will create long term value needed for our two companies to progress towards the future. We will achieve long term value through deepening our strategic partnership including sharing resources such as development, as well as joint procurement.”Under the terms of the transaction, Nissan will purchase 506.6 million newly-issued MMC shares at a price of 468.52 yen per share. The price per share reflects the volume weighted average price over the period between April 21 2016 and including May 11 2016. Nissan will become the largest shareholder of MMC on closing.MMC and Nissan expect Mitsubishi Heavy Industries, Mitsubishi Corporation and The Bank of Tokyo – Mitsubishi UFJ to maintain a significant collective ownership stake in Mitsubishi Motors, and to support the strategic alliance.The transaction is subject to the signing of a definitive Alliance Agreement, expected by the end of May, 2016, the signing of a shareholders agreement with the current Mitsubishi Group shareholders of MMC and regulatory approvals. It is expected to close by the end of the year.The decision by Nissan to acquire a strategic stake in MMC marks the latest expansion of its Alliance model, built around a 17-year cross shareholding arrangement with Renault. Nissan has also acquired stakes or signed partnerships with other automotive groups including Daimler, and AvtoVaz.On closing, MMC will propose Nissan nominees as board directors in proportion to Nissan’s voting rights, including a Nissan nominee to become Chairman of the Board. Joint press conferenceTime: 16:00 to 16:45 JSTVenue: TKP Garden City YokohamaThe press conference will be livestreamed here: http://www.ustream.tv/channel/nissan-newsroom2 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 2014, the company sold more than 5.3 million vehicles globally, generating revenue of 11.3 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.About Mitsubishi Motors Corporation (MMC)MMC is a Japanese automobile company which has a competitive edge in light trucks (pick-up trucks and SUVs) and in the ASEAN region. The company launched the first mass-produced electric vehicle in 2009, which was followed with a plug-in hybrid EV-based crossover in 2013. MMC, which has 30,000 employees, has a global footprint and has production facilities in Japan, Thailand, China, The Philippines and Russia. Models such as the Pajero Sport, Triton and Outlander play a major role in achieving its growth. Global sales volume in fiscal year 2015 was 1,048,000 units. Exchange. MMC’s net sales and net income for fiscal year 2015 were 2,267.8 billion yen and 89.1 billion yen respectively. MMC is listed on the Tokyo Stock. Exchange.###

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Nissan reports net income of 523.8 billion yen for FY 2015

by News Feeder, 31-03-2024, 06:38 AM

Results for 12 months to March 31, 2016(TSE report basis – China JV equity basis)1FY2015Y-O-YNet revenue¥12.19 trillion ($101.4 billion/€91.9 billion)+7.2%Operating profit¥793.3 billion ($6.6 billion/€6.0 billion)+34.6%Net income2¥523.8 billion ($4.4 billion/€4.0 billion)+14.5%Based on average foreign exchange rates of JPY 120.2/USD and JPY 132.6/EUR YOKOHAMA, Japan (May 12, 2016) – Nissan Motor Co., Ltd. today announced financial results for the 12 months to March 31, 2016.The company delivered increased full-year revenues and profitability. Rising demand for new products in North America, Western Europe and China offset the impact of negative foreign exchange movements and slowing or declining sales in emerging markets.Operating profit rose more than 34% to 793.3 billion yen for fiscal-year 2015, representing a 6.5% margin on net revenues that reached 12.19 trillion yen for the period.On a management pro-forma basis, which includes the proportionate consolidation of results from Nissan’s joint venture operation in China, net revenues increased to 13.4 trillion yen in fiscal 2015, up 7.7% year-on-year. Pro-forma operating profit rose by 30.2% to 935.5 billion yen compared with fiscal-2014, representing a profit margin of 7.0%.Globally, Nissan sold 5.42 million vehicles in the period, a 2.0% rise year-on-year.“These solid results reflect the success of our continuing product offensive, particularly in the North American market,” said Carlos Ghosn, president and chief executive officer. “Encouraging demand for new models, combined with continued cost efficiency, helped us withstand currency headwinds and volatile trading conditions in several emerging markets.“In the coming year, we will deliver further product innovation – particularly in autonomous-drive systems – and rising synergies from the Renault-Nissan Alliance. Looking ahead, we expect continued improvement in Nissan’s underlying performance as we focus on the demanding goals of the Power 88 mid-term plan. However, we have adopted a cautious outlook for the current fiscal year given continuing market and exchange rate volatility.” FY2016 OutlookNissan expects to sell 5.6 million units in fiscal 2016, up 3.3% and equivalent to global market share of 6.3%.Recently-launched models including the Nissan Maxima, Altima, Titan pick-up truck, and Infiniti Q30 are expected to contribute to global sales growth in the coming year.Based on Nissan’s solid outlook for unit sales and cautious view on foreign exchange rates, the company has filed fiscal year forecasts to the Tokyo Stock Exchange. Calculated under the equity accounting method for our joint venture in China, the forecasts for the fiscal year ending March 31, 2017 are:Nissan FY2016 Outlook – TSE report basis – China JV equity basis1Net revenue¥11.8 trillion ($112.4 billion/€98.3 billion)Operating profit¥710.0 billion ($6.8 billion/€5.9 billion)Ordinary profit¥800.0 billion ($7.6 billion/€6.7 billion)Net Income2¥525.0 billion ($5.0 billion/€4.4 billion)Calculated on exchange rate of JPY 105/USD and JPY 120/EUR 1 Since the beginning of fiscal year 2013, Nissan has reported figures calculated under the equity method accounting for its joint venture with Dong Feng in China. Although net income reporting remains unchanged under this accounting method, the equity-accounting income statements no longer include Dong Feng-Nissan's results in revenues and operating profit.2 Net income attributable to owners of the parentFor detailed Nissan financial information and presentations:http://www.nissan-global.com/EN/IR/FINANCIAL/ 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.###

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