Previous close | 0.3518 |
Open | 0.3518 |
Bid | 0.3229 x 0 |
Ask | 0.3594 x 0 |
Day's range | 0.3500 - 0.3767 |
52-week range | 0.2300 - 0.5400 |
Volume | |
Avg. volume | 11,887 |
Market cap | 2.723B |
Beta (5Y monthly) | 1.10 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.0800 |
Earnings date | 29 Aug 2024 |
Forward dividend & yield | 0.01 (4.28%) |
Ex-dividend date | 12 Sept 2024 |
1y target est | N/A |
TOKYO (Reuters) -Nissan Motor will produce electric vehicles for its Chinese joint-venture partner Dongfeng Motor at its Wuhan factory by year-end, the Nikkei newspaper reported on Tuesday, a sign of pressure on the automaker's China business. Nissan and Dongfeng did not immediately respond to comment requests. Japan's third-biggest automaker has already been making the Ariya EV and the X-Trail SUV through its joint venture with Dongfeng at the plant, which has an annual production capacity of 260,000 vehicles, Nikkei said.
Russian company Automotive Technologies on Wednesday said it had started assembling Citroen C5 Aircross models in batches at a plant south of Moscow formerly owned by Stellantis, with the cars set to be sold in dealerships from May. Reuters exclusively reported in February, citing customs data and two people familiar with the matter, that Automotive Technologies had imported at least 42 car kits from China for assembling Citroen models at the plant. Manufactured in China, the kits were produced by China's Dongfeng Motor Group, the data showed.
China's Dongfeng Motor Group and Stellantis said on Thursday the automakers will expand their vehicle and component export business through an asset sale to capture the burgeoning China auto market better. Under the asset transfer deal, state-owned Dongfeng will buy land use-rights and buildings in Wuhan and Xiangyang from Dongfeng Peugeot Citroën Automobile (DPCA), its joint venture with Stellantis, for 1.71 billion yuan ($233.69 million).