Daimler’s Mitsubishi Fuso unit considers possible bus partnership with Nissan Diesel

October 1st, 2009 CHENNAI - Japanese auto major Nissan Motors Thursday unveiled the first sketch of its global compact car to be manufactured in five countries including India. "We are serious and committed in our plans for India, and are all excited as we gear up to start production in May 2010," said Kiminobu Tokuyama, managing director and chief executive of Nissan Motor India.

September 17th, 2009 Nissan NA to export engines to JapanDECHERD, Tenn. — Nissan is planning to export engines from the United States to Japan for the first time.

September 4th, 2009 Peugeot, Mitsubishi to launch electric carPARIS — PSA Peugeot Citroen and Mitsubishi Motors Corp. have agreed to launch an electric car in Europe by the end of 2010, the companies said Friday.

July 30th, 2009 Mitsubishi Motors reports loss for Q1TOKYO — Mitsubishi Motors Corp. maintained its forecast for a full year profit even as the automaker plunged into the red last quarter due to plummeting global demand and a rising yen.

July 19th, 2009 CHENNAI - Japanese auto giant Nissan Motor Co is betting big on India not only for manufacturing cars for domestic and overseas markets but also for sourcing components for its global operations. Nissan will be rolling out three different variants of its hatchback and sedan models, as well as a multipurpose vehicle (MPV), from five plants across the world, one of which is coming up at Oragadam, 55 km from here.

July 1st, 2009 Morgan Stanley, Mitsubishi UFJ to form finance JVTOKYO — Mitsubishi UFJ, Japan's largest bank, and Morgan Stanley said Wednesday they will form a joint venture to pursue corporate financing business in the U.S., Canada and Latin America. Mitsubishi UFJ is eager to expand its reach overseas and took a major step late last year, when it paid $9 billion for a 21 percent stake in Morgan Stanley.

July 1st, 2009 June auto sales: Nissan North AmericaFRANKLIN, Tenn. — Nissan North America Inc.

June 4th, 2009 CHENNAI - Japanese auto major Nissan Motor Co Thursday said its partner Renault's decision to suspend investments in the joint venture's upcoming manufacturing facility near here would not affect the project's completion. French car maker Renault and Nissan have set up a 50:50 joint venture, Renault Nissan Automotive India, to set up a 400,000-car-per-annum plant at Oragadam, 55 km from here, at an investment of Rs.4,500 crore.

May 29th, 2009 Renault, Nissan seek euro1.5 billion in new synergiesPARIS — The head of the alliance between Renault SA and Nissan Motor Co. said Friday he wants to squeeze out an extra euro1.5 billion ($2.08 billion) in cost savings this year to get the French and Japanese automakers through the economic crisis.

May 15th, 2009 CHENNAI - Ashok Leyland Nissan Vehicles, whose proposed plant here to make commercial vehicles has been delayed due to land acquisition problems, may use the car manufacturing facility of Nissan-Renault, being set up near here, to roll out trucks, a top official said. Ashok Leyland Nissan is joint venture between India's Ashok Leyland and Japan's Nissan Motor for light commercial vehicles (LCV).

May 13th, 2009 2,300 jobs to go at Daimler's Mitsubishi FusoBERLIN — Daimler AG announced a restructuring plan Wednesday for its Mitsubishi Fuso Truck and Bus Corp. that is expected to result in some 2,300 job cuts by the end of next year.

May 13th, 2009 Mitsubishi UFJ boosts swap of Morgan Stanley stockTOKYO — Japan's biggest bank, Mitsubishi UFJ Financial Group Inc., said Wednesday it will swap a larger amount of its preferred shares in Morgan Stanley for common stock to keep its voting rights stake of the U.S. bank above 20 percent.

March 15th, 2009 NEW DELHI - Bajaj Auto Ltd Saturday said its small car, being developed in partnership with Renault SA and Nissan Motor, will be rolled out in 2011 as per schedule. Bajaj managing director Rajiv Bajaj said: 'The project remains largely on schedule, though in the course of development some specifications have been reviewed, leading to adjustments in the overall schedule.' It had been reported in a section of the media that the ultra low-cost (ULC) project would be delayed by more than a year as Rajiv Bajaj was not happy with the work done so far, and he demanded major modification in the design.

February 26th, 2009 NEW DELHI - The government has no immediate plans to reduce diesel prices even though global oil prices are at record low levels, Petroleum Minister Murli Deora said here Wednesday. 'As of now, there is no plan to cut prices.

January 8th, 2009 KOLKATA - The West Bengal government may start rationing petrol and diesel, a senior official said here Friday on day-three of the crippling oil sector officers' strike. 'We might consider rationing of petrol and diesel in the state if this panic situation prevails, people are procuring petrol or diesel more than actually required,' Chief Secretary Ashok Mohan Chakraborty told reporters.