Nissan Motor Co. raised its net profit outlook for the current fiscal year to March to 205 billion yen ($1.8 billion). The weaker Japanese yen and reduced costs helped Nissan boost its profit outlook for FY 2021. more
Mitsubishi Motors Corp, Renault SA, and Nissan Motor Co are tightening their French-Japanese alliance with the three automakers set to triple their investment to jointly develop electric vehicles. Two persons with knowledge of the plan told Reuters of the deal, which will send shockwaves across the auto industry. more
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