Japan’s second-largest automaker, after Toyota, Nissan increased production 1.4% in 2015 and set a personal sales record with 5.4 million units sold worldwide. In the U.S., Nissan’s sales increased 7% over 2014, thanks to a bump in truck and SUV sales fueled by cheap gas prices and low interest rates. However, cheaper prices at the pump weighed down sales of the company’s Nissan Leaf electric car. Nissan has also launched a new semi-autonomous driving technology, called ProPilot, that is meant to assist drivers in certain situations and is different from hands-free driving technology.
News about Nissan Motor
A "hard Brexit" would leave it outside the EU single market and facing export tariffs of up to 10%.
Pending shareholder approval, Osamu Masuko will remain the company's president and CEO.
When Nissan takes a controlling stake in the smaller automaker, according to a report.
Prime Minister Theresa May has not ruled out making payments to the EU, the FT reports.
BMW, Daimler, and VW are among those testing new software.