Nissan, Renault heads hold press confab on tie-up

Nissan, Renault heads hold press confab on tie-up

Nissan Motor Co. President Yoshikazu Hanawa, right, and Renault SA Chairman Louis Schweitzer, left, hold a press conference in Tokyo in the afternoon of March 27 after both signed a broad agreement that calls for the French automaker to take a 36.8 percent equity stake in the debt-ridden Japanese carmaker. Under the accord, Renault will invest 643 billion yen (about 5.4 billion U.S. dollars) in the Nissan group. ==Kyodo

  • Product Code
  • ILEA000001349
  • Registered date
  • 1999/3/28 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 1726 × 1231 pixel
  • Resolution
  • 72 dpi
  • Deployment size
  • 376.57(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Italian luxury carmaker Lamborghini reports record sales in 2023

    STORY: Italian luxury carmaker Lamborghini reports record sales in 2023 SHOOTING TIME: March 22, 2024 DATELINE: March 23, 2024 LENGTH: 00:00:53 LOCATION: Rome CATEGORY: MARKET SHOTLIST: 1. various of Lamborghini cars in Rome STORYLINE: Italian supercar manufacturer Lamborghini's annual deliveries surpassed 10,000 for the first time ever last year, sources with the company said. In a press statement released on Thursday, the company called 2023 its "best ever" year, with 10,112 vehicles delivered worldwide, a record profit margin of 27.2 percent, and 2.66 billion euros (2.91 billion U.S. dollars) in revenue, a 12-percent increase year-on-year. China is Lamborghini's third-largest market last year with 845 vehicles sold. Meanwhile, the company sold 3,000 cars to the United States and 961 to Germany, the statement said. Lamborghini, part of Germany's Volkswagen Group, has maintained long-term ties with China. Its Ursus SUV was first unveiled at the Beijing Auto Show in 2012. Last year, the company

      China's BYD to sell midsize electric bus in Japan

      STORY: China's BYD to sell midsize electric bus in Japan SHOOTING TIME: Nov. 14, 2023 DATELINE: Nov. 15, 2023 LENGTH: 00:01:08 LOCATION: Tokyo CATEGORY: SOCIETY SHOTLIST: 1. various of the press conference 2. various of photos of the BYD electric buses in Kyoto STORYLINE: China's leading electric vehicle (EV) manufacturer BYD will start to sell a new model of midsize electric bus in Japan to meet the growing demand for green public transportation. The J7 midsize electric bus tailored for the Japanese market has a range of 250 km and is priced at 36.5 million Japanese yen (about 240,000 U.S. dollars), according to a press conference of BYD Japan Co., Ltd. on Tuesday. The model is set to begin accepting reservations starting from Jan. 1, 2024, with deliveries expected in the fall of 2025. The Chinese auto giant made its entry into the Japanese electric bus market in 2015 by delivering five electric buses in Kyoto. Currently, BYD holds a share of over 70 percent in the Japanese electric bus market and aims

        France willing to help Egypt attract foreign investment: FM

        STORY: France willing to help Egypt attract foreign investment: FM DATELINE: Sept. 15, 2023 LENGTH: 00:00:55 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of the presidential palace 2. various of Egyptian President Abdel-Fattah al-Sisi meeting with French Foreign Minister Catherine Colonna (courtesy of Egyptian presidency) STORYLINE: France is willing to help Egypt solve its debt problems and attract foreign investments, said visiting French Foreign Minister Catherine Colonna on Thursday in Egypt. Colonna made the remarks in a joint press conference in the capital Cairo with her Egyptian counterpart Sameh Shoukry. France is aware of the difficult economic conditions Egypt is going through and is willing to help Cairo in its talks with international financial institutions, the French foreign minister told reporters. Egypt's foreign debt reached 165.3 billion U.S. dollars by the end of March 2023, registering a 4.8-percent increase from the same period last year, according to the Centr

          Volkswagen Group to strengthen cooperation with Chinese partner on EV market

          STORY: Volkswagen Group to strengthen cooperation with Chinese partner on EV market DATELINE: July 31, 2023 LENGTH: 00:01:22 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of Volkswagen Group 2. various of XPeng 3. screenshots of media reports 4. various of city views in China STORYLINE: The Volkswagen Group, Germany's leading carmaker, has announced it will acquire a 4.99 percent stake in the Chinese electric vehicle startup XPeng by way of a capital increase worth around 700 million U.S. dollars. According to a technological framework agreement with XPeng, two Volkswagen-branded electric models for the mid-sized segment will be rolled out in 2026 in China. Reuters said in a report that the new models will plug a gap in Volkswagen's product lineup in China, where the market for new energy vehicles has grown faster than expected. CNN reported that China is the single largest market for Volkswagen and the German group said it "is stepping up the pace of its transformation in China, where the gr

            Audi FAW NEV project breaks ground in NE China

            STORY: Audi FAW NEV project breaks ground in NE China DATELINE: June 30, 2022 LENGTH: 00:00:35 LOCATION: CHANGCHUN, China CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. various of manufacture of vehicles STORYLINE: Audi FAW new-energy vehicle (NEV) project broke ground on Tuesday in Changchun, capital of northeast China's Jilin Province. The joint venture project, with an investment of over 30 billion yuan (about 4.5 billion U.S. dollars), is designed to have an annual production capacity of 150,000 vehicles. The facility, Audi's first production base specifically for purely electric vehicles in China, is expected to be completed and go into operation at the end of 2024. It will firstly produce high-end models of the A6 e-tron and Q6 e-tron. Audi holds a majority stake in the NEV joint venture with major Chinese automaker FAW. The new project came as German luxury carmaker Audi AG seeks to cash in on China's fast-growing NEV market, analysts said. In the first five months of this yea
              ARGENTINA-BUENOS AIRES-IMF-DEBT AGREEMENT

              ARGENTINA-BUENOS AIRES-IMF-DEBT AGREEMENT

              (220129) -- BUENOS AIRES, Jan. 29, 2022 (Xinhua) -- Argentine Economy Minister Martin Guzman speaks at a press conference on the new agreement with the International Monetary Fund (IMF) in Buenos Aires, capital of Argentina, Jan. 28, 2022. Argentina on Friday said its new agreement with the International Monetary Fund (IMF) to repay some 44.5 billion U.S. dollars in debt to the lending agency relies on refinancing and does not contemplate austerity measures. (Photo by Martin Zabala/Xinhua)
                ARGENTINA-BUENOS AIRES-IMF-DEBT AGREEMENT

                ARGENTINA-BUENOS AIRES-IMF-DEBT AGREEMENT

                (220129) -- BUENOS AIRES, Jan. 29, 2022 (Xinhua) -- Argentine Economy Minister Martin Guzman speaks at a press conference on the new agreement with the International Monetary Fund (IMF) in Buenos Aires, capital of Argentina, Jan. 28, 2022. Argentina on Friday said its new agreement with the International Monetary Fund (IMF) to repay some 44.5 billion U.S. dollars in debt to the lending agency relies on refinancing and does not contemplate austerity measures. (Photo by Martin Zabala/Xinhua)

                  Nissan to take 34% stake in Mitsubishi Motors

                  YOKOHAMA, May 12 Kyodo - Nissan Motor Co. President and Chief Executive Officer Carlos Ghosn (L) and Mitsubishi Motors Corp. Chairman Osamu Masuko shake hands following a press conference in Yokohama on May 12, 2016. The two companies said that Nissan will take a 34 percent stake in Mitsubishi Motors for 237 billion yen in a deal putting Mitsubishi Motors, stung by a fuel economy cheating scandal, under the wing of Japan's second-largest automaker.
                    Agricultural insurance federation to tie up with Kyoei

                    Agricultural insurance federation to tie up with Kyoei

                    TOKYO, Japan - Wataru Ozawa (L), president of Kyoei Mutual Fire & Marine Insurance Co., and Shoichi Arai, chairman of the National Mutual Insurance Federation of Agricultural Cooperatives, shake hands at a press conference in Tokyo on Feb. 17. They announced the two sides have reached an agreement to jointly develop new insurance products in what would be the first tie-up between the federation and another insurer.
                      NTT DoCoMo, AOL announce tie-up deal

                      NTT DoCoMo, AOL announce tie-up deal

                      TOKYO, Japan - Keiji Tachikawa (L), president of NTT DoCoMo Inc. of Japan, and America Online International President Michael Lynton attend a news conference in Tokyo on Sept. 27 to announce that NTT DoCoMo and America Online Inc. have reached a tie-up agreement. The accord will make Japan's mobile phone giant the largest shareholder in AOL's Japanese unit.