NISSAN WILL BE betting high on the proposed merger with Honda to resuscitate India operations where it is hit by twin problems of market share slide and shrinking dealership size.
The Japanese company, set to mark two decades of presence in India in 2025, has reached an all-time low market share of 0.65% as of the end of November, according to data from the Society of Indian Automobile Manufacturers.
With SUVs Magnite and X-Trail, Nissan offers just two models in India, the smallest portfolio by any carmaker in the country.
This story is from the December 31, 2024 edition of Financial Express Chandigarh.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 31, 2024 edition of Financial Express Chandigarh.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Manu, Gukesh Among 4 to Be Awarded Khel Ratna
DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.
Climate change mitigation needs funding
At the fourth edition of the IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India and moderated by Amitabh Sinha, Editor (Climate and Science), panellists discussed how municipal bodies can leverage capital markets to solve climate-related problems
Norms for capex release...
THE BALANCE OF ₹55,000 crore is untied advances to states for projects identified by the states.
Indices soar nearly 2%
EQUITY INDICES OF China, Hong Kong, and Thailand declined by up to 2.66%, while Indonesia (up 1.18%), Australia (up 0.53%), and Singapore (up 0.35%) ended with gains.
Rein in tax terrorism
WE NEED A TRANSPARENT SYSTEM THAT CURBS LITIGATION AND A QUICK RESOLUTION PROCESS
Lessons from Manmohan Singh
Singh, as an RBI governor living through the permissive 1980s, understood the value of fiscal conservatism and implemented it as finance minister
China's late-year EV sales boom gives way to rocky 2025
CHINESE ELECTRIC VEHICLE makers led by BYD saw a late-2024 sales boom that's set to give way to another bruising year as carmakers face risks to demand both at home and abroad.
US Jobless Claims Fall to Eight-Month Low
INITIAL APPLICATIONS FOR US unemployment capped 2024 at an eight-month low, reflecting the relatively muted levels of job cuts in a labor market that has remained surprisingly resilient.
Europe, Asia factories end 2024 on weak footing
FACTORY ACTIVITY IN Asia and Europe ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and China's fragile economic recovery.
Banks' credit growth to be subdued: ICRA
ICRA HAS REVISED downwards its credit growth estimate to 10.5-11% for the current financial year from the earlier 11.6-12.5%.
