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Nissan will suspend Russia production for 16 days on weak sales

2015-03-17 14:55:20| Auto Dealers - Topix.net

Nissan Motor said today it is suspending production at its St. Petersburg plant between March 16 and March 31 because of weak sales in the Russian market. Industry-wide new-car sales in Russia plunged 38 percent in February from the same month a year earlier to 128,298, continuing a sharp decline in 2014 as the economy weakened due to lower oil prices and Western sanctions over Moscow's role in the Ukraine crisis.

Tags: days sales production russia

 

4 Serra Nissan employees plead guilty to loan fraud conspiracy

2015-03-16 20:10:26| Auto Dealers - Topix.net

Four former Serra Nissan employees charged in connection with a conspiracy at the Birmingham car dealership to fraudulently boost loan approvals and car sales pleaded guilty last Wednesday in federal court, announced U.S. Attorney Joyce White Vance, IRS Criminal Investigation Special Agent in Charge Veronica Hyman-Pillot and FBI Special Agent in Charge Roger C. Stanton. D. Scott Burton, 36, of Odenville; Michael J. Wilkinson, 56, of Moody; Terry W. Henderson, 39, of Pleasant Grove; and Roland W. Riley, 28, of Birmingham; entered their pleas before U.S. District Judge Virginia Emerson Hopkins.

Tags: employees loan fraud nissan

 
 

China consumer show targets Volkswagen, Nissan

2015-03-16 01:32:13| Auto Dealers - Topix.net

Carmakers including Volkswagen AG, Nissan Motor Co Ltd and Daimler AG were scrambling late on Sunday after China's annual consumer rights day TV show said the firms oversold repairs and spare parts to drivers. SHANGHAI: Carmakers including Volkswagen AG, Nissan Motor Co Ltd and Daimler AG were scrambling late on Sunday after China's annual consumer rights day TV show said the firms oversold repairs and spare parts to drivers.

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Nissan expands North America hood latch recall to 878,000 Altima sedans

2015-03-06 16:49:00| Automakers - Topix.net

Nissan Motor Co expanded the North American recall of its top-selling Altima sedan to about 878,000 vehicles because a secondary hood latch may fail and cause the hood to fly up while the car is in motion, according to a company filing with U.S. safety regulators. A secondary latch is meant to keep the hood down if the primary latch is not engaged.

Tags: north america north america recall

 

Nissan and Endesa collaborating to deliver vehicle-to-grid systems to market

2015-03-05 16:55:29| Green Car Congress

Tags: to systems market deliver

 

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