Nissan

Nissan Motor Co., Ltd. is a Japanese multinational automobile manufacturer headquartered in Yokohama, Kanagawa, Japan. The company sells its vehicles under the Nissan and Infiniti brands, and formerly the Datsun brand, with in-house performance tuning products (including cars) under the Nismo and Autech brands. The company can be traced back to the beginning of the 20th century with the Nissan zaibatsu, or Nissan Group. Since 1999, Nissan has been part of the Renault–Nissan–Mitsubishi Alliance (with Mitsubishi joining in 2016), a partnership between Nissan and Mitsubishi Motors of Japan, with Renault of France. As of November 2023, Renault holds a 15% voting stake in Nissan, while Nissan holds another 15% stake in Renault. Since October 2016, Nissan held a 34% controlling stake in Mitsubishi Motors. In November 2024, Nissan reduced its stake in Mitsubishi Motors from 34% to 24%. In 2017, Nissan was the sixth largest automaker in the world, after Toyota, Volkswagen Group, Hyundai Motor Group, General Motors, and Ford. With a revenue of $78 billion in 2022, Nissan was the ninth largest automobile maker in the world. After making a ¥671 billion loss in the 2024/2025 financial year, new CEO Ivan Espinosa announced that Nissan will by 2027 close seven factories with the loss of 20,000 jobs, and reduce car models from 56 to 45 to focus investment on more profitable models.