Tag Archives: Nissan

Nissan cuts 9,000 jobs

Nissan is in trouble, and in order to save what can be saved, the company is selling its share in Mitsubishi Motors, but also reducing production capacity, which puts 9,000 jobs in question.

CEO Makoto Uchida cut his salary by 50% and presented a reform plan to pull the company out of the abyss. That includes reshuffles of some officials, including Nissan president Guillaume Cartier who has been moved to the position of executive director of performance. He lowered forecasts related to sales and operating profit for the whole year, but also the previously set target for net income.

Nissan currently has 133,580 employees, and it is predicted that the planned reforms and cutting 9,000 jobs would save the company three billion dollars. The intention is to reduce global capacity by 20 percent, so that global production capacity worldwide amounts to 5 million cars. Nissan has 30 new or refreshed models in the lineup and has no plans to phase them out, but is likely to shift launch dates depending on market needs.

Also, the company announced the sale of 1/3 of its 34 percent stake in Mitsubishi, but even after the sale it should remain the largest shareholder.

Source: Reuters

Nissan has produced 1.5 million vehicles with e-Power system

Since the e-Power system was first introduced on the Note model in 2017, the Japanese company Nissan has so far produced 1.5 million vehicles with this hybrid system, which is one of a series of transitional solutions towards full electrification.

The E-Power system is a combination of a gasoline turbo engine feeding an electric motor, which is powered by a lithium-ion battery. A gasoline engine with a variable compression ratio can generate electricity directly into the battery, can use an inverter to drive an electric motor that only drives the drive wheels, and can do both if necessary.

At the beginning, Nissan used this system only on the Japanese market, and after four years (2021) it began to expand to the markets of China and Europe (2022) with the new generation of X-Trail and Qashqai. Now the plan is to expand to the North American market in the next two years.

If we look at the total number of 1.5 million Nissan cars with e-Power technology, most of them were produced in Japan (1.17 million units), in Europe 140,000 units were produced, in China 60,000 units while the remaining 150,000 cars with this hybrid technology was produced in other markets.

Source: Nissan

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Nissan Skyline R34 GT-R upgraded by Built By Legends

The Japanese company Built By Legends is restoring and tuning cars, and their latest project is the legendary Japanese car Nissan Skyline R34 GT-R.

“Our goal was to show the GT-R’s full potential as a true driver’s car and offer a world-class driving experience. Our new Built By Legends R34 GT-R represents our commitment to excellence,” said the company’s co-founder and CEO Masaharu Kuji.

BBL removed the paint from the car body by sandblasting, increased the rigidity with 400 additional welds, protected against rust with epoxy, and painted it in a two-tone shade of White. Body panels were replaced with new carbon fiber panels to reduce weight. He added new suspension parts, new bearings, and upgraded AP Racing brakes. BBL also offers owners the option of restoring their car, as well as the choice of combining old and new parts.

Under the bonnet is MINE’S MB7 engine with 659 hp (491 kW), mated to a Getrag 6-speed manual transmission that sends power to all four wheels. Also, a 3D alignment test was performed at 108 points before the entire structure was reinforced.

When it comes to price, the entire assembly and restoration process costs $450,000 (donor car not included).

Source: Built By Legends

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