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Nissan recalls 60,000 cars, SUVs, vans in Canada to fix air bag software

DETROIT - Nissan is recalling about 60,000 cars, SUVs and minivans in Canada because the front passenger air bags may not inflate in a crash. The announcement is part of a broader recall of just over 1 million cars, SUVs and minivans across North America by the automaker. It's the company's second recall to fix the same problem. The recall affects the Altima midsize car, Leaf electric car, Pathfinder SUV and Sentra compact models from the 2013 and 2014 model years, as well as the NV200 Taxi van and Infiniti JX35 SUV from 2013.

Bhutan, Nissan partner on electric cars as part of Himalayan nation's clean energy ambition

TOKYO - The Himalayan kingdom of Bhutan and Nissan are partnering on electric cars, with the Japanese automaker's Leaf being chosen for the government fleet and taxis. Under a deal announced Friday, Nissan will help Bhutan achieve its goal of becoming a zero-emissions nation. Bhutan, with a population of 720,000, produces and exports hydro-electricity. But it's eager to reduce its dependence on oil imports. The Leaf is the world's bestselling electric car, selling a cumulative 100,000 since going on sale in late 2010.

Bhutan to become green car showcase in deal with Nissan

The remote Himalayan kingdom of Bhutan signed a deal with Japanese auto giant Nissan Friday to become the ultimate showcase for electric cars, taking advantage of its abundance of hydropower. The announcement was made during a visit by Nissan chief executive Carlos Ghosn to Thimphu, the picturesque capital of Bhutan, whose government sees electric vehicles as a way of cutting emissions and thus averting the kind of pollution that is commonplace in cities throughout South Asia.

Nissan profit jumps as North America, China sales rise

Japanese auto giant Nissan said Monday its nine-month net profit jumped 18.4 percent as it benefited from a weaker yen and accelerating sales in North America and its key China market. The buoyant figures come after rival Toyota, the world's biggest automaker, last week tipped a record annual profit with nine-month earnings more than doubling to $15 billion.

Nissan says nine-month profit jumps 18.4% to $2.68 bn

Japanese auto giant Nissan said Monday its nine-month net profit jumped 18.4 percent to $2.68 billion, boosted by a cheap yen and improving demand in the key North American market. The country's second-biggest car maker said it earned 274.1 billion in the April-December period on sales of 7.27 trillion yen, a rise of 19.7 percent from a year earlier. For the nine-months, Nissan sold 3.67 million vehicles globally, up 1.0 percent.

Gov't to Nissan: No, Frontier pickup really can't do that, and you shouldn't suggest it can

WASHINGTON - Nissan went too far with a TV commercial that depicts its Frontier pickup truck powering up a sandy hill to save a struggling dune buggy, according to the Federal Trade Commission. In an announcement Thursday, the commission said Nissan has agreed to settle deceptive advertising charges over the 30-second ad. In it, a little black dune buggy can be seen stuck in sand on a steep hill. Suddenly, a red Frontier speeds to the rescue of the dune buggy and pushes it up and over the hill, to the cheers of amazed onlookers.

Nissan unveils London black taxi model

Japanese carmaker Nissan on Monday unveiled its version of London's iconic black taxi, a market dominated by Chinese firm Geely. The petrol-engine taxi will be launched in December, Nissan said in a statement. The company enters the market as the original maker of London's famous black cabs finds a new life. Chinese auto manufacturer Zhejiang Geely Holding Group last year rescued from bankruptcy what is now known as London Taxi Co.

Nissan says struggling to satisfy China growth

The new executive in charge of Nissan's key China business said Thursday that the number-two Japanese automaker was struggling to catch up with soaring sales in the world's biggest vehicle market. Nissan, part-owned by France's Renault, took a huge hit last year when a Tokyo-Beijing territorial dispute set off riots in China and a consumer boycott of Japanese brands. Nissan, which depends on China for about one-quarter of its global sales, saw demand plummet and has since been trying to scratch back to its pre-boycott 7.7 percent market share.

Nissan shares dive more than 10% on outlook cut

Nissan shares plunged Tuesday as investors reacted to the auto giant slashing its full-year profit forecast, with analysts pointing to possible divisions within the firm's top management. Citing a sluggish European market and expensive product recalls, Japan's number-two automaker on Friday cut its full-year profit expectations and announced a sweeping management overhaul to "rejuvenate" its executive ranks. The warning came after markets had closed Friday, with Tokyo shuttered Monday for a national holiday.

Nissan shares tumble more than 10% after outlook cut

Nissan shares dived more than 10 percent on Tuesday after the auto giant slashed its full-year earnings forecast, citing a sluggish European market and expensive product recalls. The Tokyo-listed stock lost 10.40 percent to 861 yen as investors gave their first reaction to the disappointing figures after a three-day weekend. Japan's number-two automaker announced on Friday a sweeping management overhaul to "rejuvenate" its top ranks and a cut in its full-year profit forecast after markets had closed, with Tokyo shuttered Monday for a national holiday.
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