NSANY - Nissan Motor Co., Ltd.

Other OTC - Other OTC Delayed Price. Currency in USD
12.23
-0.22 (-1.77%)
At close: 3:59PM EDT
Stock chart is not supported by your current browser
Previous Close12.45
Open12.30
Bid0.00 x 0
Ask0.00 x 0
Day's Range12.20 - 12.30
52 Week Range12.11 - 19.68
Volume210,990
Avg. Volume141,360
Market Cap23.922B
Beta (3Y Monthly)0.69
PE Ratio (TTM)3.67
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.03 (8.29%)
Ex-Dividend Date2019-03-27
1y Target EstN/A
Trade prices are not sourced from all markets
  • Nissan Plans to Slash 12,500 Jobs
    Meredith Videos13 days ago

    Nissan Plans to Slash 12,500 Jobs

    In response to tumbling profits.

  • Five things you need to know about the 2020 Nissan Versa
    CNET19 days ago

    Five things you need to know about the 2020 Nissan Versa

    The price of Nissan’s entry-level subcompact has gone up, but so has the value.

  • Nissan cutting 12,500 jobs after its operating profit took massive plunge
    CBS News Videoslast month

    Nissan cutting 12,500 jobs after its operating profit took massive plunge

    Nissan is cutting 12,500 jobs, or about 9% of its global workforce, to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. It also plans to cut global production and model lineups by 10% by the end of fiscal 2022.

  • Ford tumbles on Q2 earnings miss and weak 2019 forecast
    Yahoo Finance Videolast month

    Ford tumbles on Q2 earnings miss and weak 2019 forecast

    Ford reported disappointing second-quarter earnings, as competitor Nissan plans to cut 12,500 jobs. Yahoo Finance's Brian Cheung joins Akiko Fujita on 'The Ticker' to discuss.

  • Auto stock roundup: Nissan announces job cuts, Tesla's revenue loss, & Ford misses in Q2
    Yahoo Finance Videolast month

    Auto stock roundup: Nissan announces job cuts, Tesla's revenue loss, & Ford misses in Q2

    Yahoo Finance’s Adam Shapiro, Julie Hyman, Rick Newman, and Andy Serwer join Bullseye Brief Author & Publisher Adam Johnson to discuss.

  • Nissan to cut 12,500 jobs worldwide after profit loss
    Yahoo Finance Videolast month

    Nissan to cut 12,500 jobs worldwide after profit loss

    Nissan reported today that it will cut 12,500 jobs worldwide as part of a plan to revive the company after its profit took a deep plunge. Nissan reported a 94.5 percent drop in net profit for the April to June period, with revenue falling about 13%. Yahoo Finance’s Dan Roberts, Kristin Myers, Sibile Marcellus and Rick Newman discuss.

  • Auto Stock Roundup: Honda to Stop Auto Production in Argentina, Ford Recalls
    Zacks2 days ago

    Auto Stock Roundup: Honda to Stop Auto Production in Argentina, Ford Recalls

    Ford (F) to recall more than 108,000 mid-size cars in North America. Group 1 Automotive (GPI) raises dividend payout.

  • How one family went from being $55,000 in debt to saving $350,000 — ‘the fun money really allows us spend on junk’
    MarketWatch6 days ago

    How one family went from being $55,000 in debt to saving $350,000 — ‘the fun money really allows us spend on junk’

    More than 10 years ago Ryan and Courtney Luke were both working, but with nothing to show for it except big cars and big debts. The Phoenix, Ariz. couple was making $72,000 in take-home pay, yet Ryan had $20,000 of debt, between the loan for his Nissan XTerra (NSANY) and the wedding band and engagement ring he bought on a credit card for his bride. With all their money tied up in their cars and debts, they couldn’t afford to spend on other activities or experiences, said Ryan, a 35-year-old police lieutenant at a large law enforcement agency in Arizona.

  • Nissan-BMW to Reach Electric Car Concept to South Africa
    Zacks9 days ago

    Nissan-BMW to Reach Electric Car Concept to South Africa

    Nissan (NSANY), BMW (BAMXF) and Volkswagen (VWAGY) to popularize electric vehicles in South Africa.

  • Nissan, BMW in Talks to Pull South Africa Into Electric Car Era
    Bloomberg12 days ago

    Nissan, BMW in Talks to Pull South Africa Into Electric Car Era

    (Bloomberg) -- Nissan Motor Co., BMW AG and Volkswagen AG are among carmakers in talks to bring the electric-car revolution to South Africa, as the nation’s auto-factory floors risk being left behind in the global switch to greener vehicles.The industry is preparing a unified stance on electrification to present to the government by the end of the year, Mike Mabasa, chief executive officer of the National Association of Automobile Manufacturers of South Africa, or Naamsa, said in an interview.Among the goals is persuading lawmakers to reduce or drop a 23% import tariff on electric vehicles to help ramp up nascent domestic sales, he said. Another is to roll out a charging infrastructure in a country where the state-owned power monopoly is in deep financial crisis.Taking steps to boost the popularity of electric vehicles in South Africa is just one part of the equation. The auto-manufacturing industry makes up about 7% of the country’s economy, according to Naamsa. The sector is one of the more positive aspects of an economy expected to grow at less than 1% for a second consecutive year.“The country needs to move forward and bring new technologies,” said Mike Whitfield, Nissan’s chairman for the southern Africa region. “The rest of the world will move very fast and if we don’t get going we will be left behind.”South Africa has long been a hub for global automaking, attracting plants operated by seven carmakers from Toyota Motor Corp. to Isuzu Motors Ltd. Last year, the manufacturers exported almost 210,000 cars to Europe, where Volkswagen is already retooling factories to only make electric cars. That’s just under a third of all local production and makes up 60% of exports.To date, there are no firm plans for electric-car or hybrid production in South Africa, but the government and industry agreed in 2018 to extend a manufacturing incentive program, creating jobs and enabling models like the BMW X3 sport utility vehicle and Nissan’s Novara pickup to be produced locally.“The electric-vehicle play in South Africa will not be determined by the South African consumer, but by the requirements of export markets,” Martyn Davies, an auto-industry specialist at Deloitte LLP, said by phone from Johannesburg, adding that the weaker rand is also making exports more attractive.The quality of the local plants of BMW, Ford Motor Co and Mercedes-Benz AG are good enough to make retooling quite straightforward, he said, adding that the next product made in South Africa by those automakers could feasibly be electric.Under the terms of the new manufacturing plan, the automakers will have to more than double annual production to as many as 1.4 million vehicles by 2035, and that won’t happen without making electric cars as well as gas or diesel, according to Naamsa’s Mabasa.BMW’s i3 and i8 are two of only three models currently available in the birth country of electric car pioneer Elon Musk, and only 620 units have been sold. Jaguar Land Rover introduced the I-Pace earlier this year, while Nissan is holding off on the launch of the latest Leaf until after an agreement is reached on import tariffs.Elsewhere on the African continent, a plan by Volkswagen to introduce an electric-vehicle in Rwanda stands in contrast to a lack of other developments.Another barrier to an accelerated electric-car boom in South Africa is Eskom Holdings SOC Ltd., the power provider that last week reported an annual loss of almost $1.5 billion and requires an $8.8 billion government bailout over the next three years.The utility has been forced to implement intermittent rolling blackouts and is reliant on coal, which is out of step with the environmentally friendly advantages of producing electric cars, Mabasa said. Therefore, the industry paper is likely to lay out a mixture of power sources between Eskom and privately owned renewable energy projects, he said.But the need to turn around Eskom’s financial situation is likely to be of more pressing concern to the government than using it to enable the electric-car industry, Nissan’s Whitfield said.“There is excess capacity, but quite frankly Eskom’s issues have to be addressed or we will have much bigger problems,” Whitfield said.\--With assistance from Prinesha Naidoo.To contact the reporter on this story: John Bowker in Johannesburg at jbowker2@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Elisabeth Behrmann, John BowkerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Nissan and EVgo to add 200 fast chargers as more electric vehicles hit US roads
    TechCrunch18 days ago

    Nissan and EVgo to add 200 fast chargers as more electric vehicles hit US roads

    The 100 kilowatt DC fast-charging stations will have both CHAdeMO and CCSconnectors, making them accessible to more EV drivers

  • Nissan wants Renault to reduce stake to revive Renault-FCA deal talks - WSJ
    Reuters22 days ago

    Nissan wants Renault to reduce stake to revive Renault-FCA deal talks - WSJ

    Nissan wants Renault to reduce its 43.4% stake in the Japanese auto company, according to emails reviewed by WSJ. The discussions, which are at an early stage, started soon after the potential deal between Renault and FCA collapsed, the report added.

  • Nissan wants Renault to reduce stake to revive Renault-FCA deal talks: WSJ
    Reuters22 days ago

    Nissan wants Renault to reduce stake to revive Renault-FCA deal talks: WSJ

    Nissan wants Renault to reduce its 43.4% stake in the Japanese auto company, according to emails reviewed by WSJ. The discussions, which are at an early stage, started soon after the potential deal between Renault and FCA collapsed, the report added.

  • Swiss help Japan's investigation into ex-Renault-Nissan boss Ghosn
    Reuters25 days ago

    Swiss help Japan's investigation into ex-Renault-Nissan boss Ghosn

    Swiss prosecutors said on Tuesday they are assisting Japanese authorities in their investigation into former Renault and Nissan Motor boss Carlos Ghosn, who faces charges of fraud and misconduct. Ghosn, who has denied wrongdoing and has been freed on $4.5 million bail, is pursuing claims against Nissan and Mitsubishi Motors , who ousted him as chairman of their alliance after raising allegations of embezzlement. "The request for legal assistance from Japan has been delegated to the Zurich public prosecutor's office for enforcement and is currently being processed," the office said, without giving any further detail on what it had been asked for.

  • Moody's26 days ago

    Nissan Motor Co., Ltd. -- Moody's affirms Nissan's A3 rating, outlook negative

    Moody's Japan K.K. has affirmed Nissan Motor Co., Ltd.'s A3 issuer rating. "Nissan's weak first quarter results indicate the challenges the company faces in achieving its guidance for this fiscal year. Moody's downgraded Nissan's rating in May 2019 to reflect the continuing slide in profitability.

  • Renault's Troubled Ties to Nissan Are Hurting the Bottom Line
    Bloomberg29 days ago

    Renault's Troubled Ties to Nissan Are Hurting the Bottom Line

    (Bloomberg) -- For months, Renault SA’s partnership with Nissan Motor Co. has been a strain on management and a public relations nightmare. Now the Japanese carmaker’s woes are hitting where it really hurts: the bottom line.The largest French automaker, which owns 43% of Nissan, reported Friday that its partner’s poor performance in the first half cut net income by 21 million euros ($23.4 million). A year earlier Nissan added 805 million euros, or about 40% of profit.The Japanese carmaker is smarting from slumping U.S. sales and aging vehicle models. The worsening results come at a time of heightened tension within the alliance with Renault in the aftermath of the arrest of their former chairman, Carlos Ghosn, who held the partnership together for almost two decades.“Our top priority is to help Nissan get out of that situation,” Renault Chief Executive Officer Thierry Bollore said in an interview with Bloomberg Television. While Renault cut a sales target for this year, the carmaker is sticking to its profit outlook despite the industry slump.In contrast, Nissan on Thursday announced a doubling in the number of jobs it plans to eliminate and unveiled new production cuts, while reporting a 99% drop in first-quarter profit. It blamed sales incentives and over-expansion under Ghosn. Nissan’s deteriorating results could help Renault take the upper hand in the teetering partnership.Read More: Nissan’s Pain Worsens on 99% Profit Plunge, 12,500 Job Cuts (1)While Renault owns a stake in Nissan, the Japanese automaker is the bigger partner in their alliance and in turn owns 15% of the French carmaker, with no voting rights. The lopsided shareholding arrangement has long been a source of tension.The alliance partners, who include Mitsubishi Motors Corp., together produce some 10.8 million cars a year, almost double Ford Motor Co.’s global deliveries. The alliance would be second in vehicle sales only to Germany’s Volkswagen AG, with Toyota Motor Corp. a close third. Yet despite the cost benefits of cooperation on purchasing, design and manufacturing, doubts have grown about the future of the alliance.Since Ghosn’s November arrest in Tokyo on allegations of financial crimes, which he has denied, Renault’s new chairman, Jean-Dominique Senard, has pushed for a merger Nissan didn’t want, and then pursued talks to combine with Fiat Chrysler Automobiles NV without telling its partner. Those talks collapsed after the French government made it clear it wanted Nissan to support the Renault-Fiat deal before entering an agreement.Shared DreamsWhile talks with Fiat have ended, Bollore said he shares the “same dreams” as Senard of reviving the deal. “The fundamentals for such a deal are there,” although the priority is for helping Nissan turn itself around.Renault lowered its outlook for full-year sales on Friday -- saying revenue will be close to last year’s level rather than grow -- but kept its forecast for a group operating margin of 6%.The shares were little changed at 52.32 euros by 11:14 a.m. in Paris trading, leaving them down 4.1% this year.The results cap a mostly gloomy week for the automotive industry. Ford missed earnings estimates and gave a projection for 2019 profit that disappointed investors, while Tesla Inc. posted a worse-than-expected loss. Suppliers also suffered, with Continental AG shaving its targets. Among the brighter spots, France’s PSA Group booked a record profit margin at its automotive division and Volkswagen AG’s earnings beat estimates.Renault is counting on new models, higher prices and cost-cutting measures to reach its profit targets in the second half, as well as its “fighting spirit,” Bollore said in a statement. Sales fell 6.7% in the first half and operating income dropped 12%.Read More: Europe Car Sales Extend Downward Spiral With Worst Drop of 2019It’s unclear how Nissan’s woes will affect Renault factories, said Franck Daout, a representative of the carmaker’s CFDT union. Renault’s plants in Cleons and Le Mans make parts for Nissan cars, and the manufacturer makes the Nissan Micra in its Flins plant outside of Paris.Nissan already shifted production of the X-Trail model from Sunderland in the U.K., citing Brexit concerns, and has announced a plan to cut 600 jobs at a plant in Barcelona.\--With assistance from Caroline Connan.To contact the reporter on this story: Ania Nussbaum in Paris at anussbaum5@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Frank Connelly, Tara PatelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters29 days ago

    Japan stocks lose momentum on soft earnings, tech sector slide

    Japan's Nikkei lost traction on Friday on downbeat earnings both at home and on Wall Street, erasing some of the previous day's advance which had pushed the benchmark to a 2-1/2-month peak. Industrial robot maker Fanuc Corp fell 1.6% and Tokyo Electron lost 1.4%. "Shares which made large contributions to the Nikkei's recent gains lost traction after the Nasdaq fell," said Masayuki Otani, chief market analyst at Securities Japan Inc.

  • Reuters29 days ago

    Japan stocks slip as momentum sputters on soft corporate earnings

    Japan's stocks lost momentum on Friday on downbeat earnings both at home and on Wall Street, erasing some of the previous day's rally, which took the benchmark to a 2-1/2-month high. Omron Corp was down 6.2% after the maker of digital medical equipment reported that its June quarter consolidated operating profit declined 41.2% to 10 billion yen ($92 million), with business hit by the U.S.-China trade conflict. Nissan Motor Co shed 2.5% after the automaker unveiled its biggest restructuring plan in a decade in the wake of a collapse in its quarterly profit.

  • Nissan to cut 12,500 jobs as crisis deepens after profit wipe out
    Reuterslast month

    Nissan to cut 12,500 jobs as crisis deepens after profit wipe out

    Nissan Motor Co <7201.T> unveiled its biggest restructuring plan in a decade, axing nearly a tenth of its workforce and flagging possible plant closures to rein in costs that ballooned when Carlos Ghosn was CEO. The cuts announced on Thursday followed a collapse in Nissan's quarterly profit, highlighting how a crisis - brought about by sluggish sales and rising costs - is deepening at Japan's No. 2 automaker in the wake of a financial misconduct scandal over Ghosn. The dismal quarter will pile pressure on Chief Executive Hiroto Saikawa, who has been tasked with shoring up the automaker's performance at a time when the industry is struggling worldwide.

  • TheStreet.comlast month

    Nissan to Cut 12,500 Jobs as Profits Fall

    Nissan is planning to cut 12,500 jobs globally, the company confirmed Thursday, as its profits get squeezed amid falling sales and rising costs. Nissan said the job cuts will be made globally by 2022. It also plans to reduce global production capacity and its product line by about 10% by the end of fiscal 2022.