Latest news with #Nisan

IOL News
14-05-2025
- Automotive
- IOL News
Nissan to close 40% of its factories in shock restructure: will SA's Rosslyn plant survive?
Nissan is planning to reduce its global production network by 40%. Image: Richard A Brooks / AFP Nissan is set to implement an even more severe turnaround plan than previously envisaged, with seven factories now facing closure and 20,000 jobs on the line. This follows an annual net loss of 671 billion yen (R82 billion) announced on Tuesday for the financial year to March 2025. The company announced on the same day that it planned to reduce the number of vehicle production plants in its global network from 17 to 10, by fiscal year 2027, while also reducing the workforce by 20,000. It had previously planned to cut around 9,000 jobs. Further to that, Nisan said it plans to streamline its powertrain plants and cancel its planned Lithium Iron Phosphate battery plant in Kyushu, Japan. "We wouldn't be doing this if it was not necessary to survive," said Nissan's newly appointed CEO Ivan Espinosa. "In the face of challenging FY24 performance and rising variable costs, compounded by an uncertain environment, we must prioritise self-improvement with greater urgency and speed, aiming for profitability that relies less on volume,' he added. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ But where does this leave Nissan South Africa's Rosslyn plant, located outside Pretoria? Nissan has not named the seven plants which face closure, although its Indian and UK facilities appear to be safe, given recently announced production plans for those. IOL has approached Nissan South Africa for comment, but a response had not been received at the time of writing. Company spokespersons have previously stated that the local plant was a key hub for its expansion into Africa. However, it currently only produces the Navara bakkie in double cab and single cab formats, and production volumes are significantly lower than in previous years, following the 2024 discontinuation of the NP200 compact bakkie and the NP300 in 2021. Locally-built Nissan Navara range. Image: Supplied To put Rosslyn's current production numbers into perspective, Nissan sold just 1838 locally produced Navaras in the first four months of 2025, and exported 3,101 units. That's an average of just 1,234 units per month in total. Ford South Africa, which also produces just a single bakkie at its Silverton plant in Pretoria, sold 7,933 Rangers to local customers during that same period and exported 20,244 units. SA-built Navaras are currently exported into Africa, while Ford's Ranger is shipped to over 100 international markets, including Europe. Furthermore, Nissan's local market share has more than halved in the past seven years, from an annual volume of 51,825 units in 2017 (including imports) to just 22,286 units in 2024. Following the discontinuation of the NP200 in 2024, whose Russian-developed replacement was cancelled due to the war with Ukraine, Nissan South Africa has been looking for ways to expand production at the plant. ALSO READ: Nissan opens up about aborted NP200 replacement In March 2024, a company representative told Moneyweb that the local division was aiming to source another successor to the NP200, and was also investigating a third model for the Rosslyn plant. It remains to be seen whether any of these projects will go ahead, in light of Nissan's new plan to shut seven plants. Internationally, Nissan plans to lean more heavily on its alliance partners Renault and Mitsubishi, the latter providing the basis for the Navara replacement. Nissan also plans to use on Renault's Indian division to launch new MPV and SUV models in 2026 and 2027. Having access to more affordable products from India, could certainly improve Nissan South Africa's fortunes as an importer. The Magnite compact SUV is already the division's best seller. But whether Nissan SA still has a future as a manufacturer is anyone's guess. IOL


BBC News
25-04-2025
- BBC News
Nesta Haselden: Death of motorcyclist accidental, inquest finds
The death of a 21-year-old who fell off his motorcycle into the path of an oncoming car was an accident, an inquest has Haselden died in the collision near Queen Elizabeth II High School on the A1 Douglas to Peel Road at about 16:15 BST on 7 footage from shortly before the collision had shown Mr Hasselden riding his Yamaha motorbike with one hand on the handlebars. Coroner Rebecca Cubbon found that he had "lost control" of his machine but it was not know why. Douglas Courthouse heard that Mr Haselden was riding behind a Hyundai Kona in the direction of St John's, with a Nisan Micra travelling in the opposite direction towards police interview, the driver of the Nisan said the 21-year-old had appeared "wobbly" as if he was "not in control" before falling onto the opposite side of the carriageway.A passenger in the Hyundai noted hearing a loud bang and saw Mr Hesselden on the road, with his AirPods and phone nearby illuminated with a music app displayed. 'Sensible rider' Mr Haselden died of multiple injuries caused by the collision, the inquest were no defects on the bike and the visibility and road conditions were described as "perfect" by one court heard although the tyres on the bike were old, they had not contributed to the Haselden, who was a private banker and youth worker, had been working from home that day, and was making his way to a football match, the inquest a statement, his mother Leesandra Caine said he was a "sensible rider" and he had been riding a motorbike for a year and using the Yamaha since from Burnley, the Peel resident "had the ability to make friends of all ages", she October police confirmed there would be no charges in relation to the a verdict of accidental death, Ms Cubbon said there was "little" that the Nissan driver could do to avoid the could "not be satisfied" Mr Haselden had been using his phone at the time of the crash, she added. Read more stories from the Isle of Man on the BBC, watch BBC North West Tonight on BBC iPlayer and follow BBC Isle of Man on Facebook and X.


Al Bawaba
14-04-2025
- Entertainment
- Al Bawaba
Where to watch Turkish series Esref Rüya?
The Turkish series 'Esref Rüya' (Ashraf's Dream) has gone viral on social media after the first episode aired, captivating viewers with its engrossing writing. The series began airing on March 19, and airs weekly every Wednesday at seven pm Cairo time on the Turkish channel Kanal D. Directed by Uluş Bayraktar and written by Ethem Özçık and Lokman Maral, the cast includes Çagatay Ulusoy as 'Eşref' and Demet Özdemir as 'Nisan', along with Necip Memili, Bushra Develi, and Tolga Tekin. The show revolves around Esref, and his journey from being an innocent young man into one of Istanbul's most powerful mafia leaders while searching for a mysterious girl he loved as a child. Nisan, a young musician, meets Esref while performing at a concert at his hotel. He discovers that she is the girl he has been searching for and that she is involved in a game with the police as an undercover informant. What follows is a struggle involving love, power, and betrayal.


Egypt Independent
14-04-2025
- Entertainment
- Egypt Independent
Where and when to watch the Turkish drama ‘Esref Rüya'
The Turkish series 'Esref Rüya' (Ashraf's Dream) has gone viral on social media after the first episode aired, captivating viewers with its engrossing writing. The series began airing on March 19, and airs weekly every Wednesday at seven pm Cairo time on the Turkish channel Kanal D. Directed by Uluş Bayraktar and written by Ethem Özçık and Lokman Maral, the cast includes Çagatay Ulusoy as 'Eşref' and Demet Özdemir as 'Nisan', along with Necip Memili, Bushra Develi, and Tolga Tekin. The show revolves around Esref, and his journey from being an innocent young man into one of Istanbul's most powerful mafia leaders while searching for a mysterious girl he loved as a child. Nisan, a young musician, meets Esref while performing at a concert at his hotel. He discovers that she is the girl he has been searching for and that she is involved in a game with the police as an undercover informant. What follows is a struggle involving love, power, and betrayal.


Al Bawaba
21-02-2025
- Entertainment
- Al Bawaba
Demet Özdemir shines in Eşref Rüya; fans praise her performance
ALBAWABA - Fans praise Demet Özdemir's emotional performance in Eşref's Dream trailer. Fan reactions to Demet Ozdemir's performance in "Eşref's Dream" were as follows: "She doesn't need many episodes or scenes to convince you of her acting," they said after watching a brief moment in the promotional trailer that was aired yesterday. Despite the fact that there has been a lot of contact with the new duo, the series Eşref Rüya is still popular in Turkey and in a number of other nations around the world. The audience was moved by the song that followed the scenes because it conveys Ashraf's emotions after seeing Nisan (Ruya) when he was a child. It also describes how her picture persisted in his memory despite the passage of time and the severe loneliness he experienced following the death of his family. Many of the followers lauded the cleverness of the selection of the music, stating that they thought it was perfectly in tune with the events that took place and the narrative. It was hailed by the journalist Birsen as having an atmosphere that was similar to that of The Godfather. He also applauded the musician Aytekin Atas, who performed a magnificent work, stating, "Exactly as I expected!" Demet Özdemir Instagram profile The main character of the series is Ashraf, who also happens to be the boss of a criminal organization and leads a life that is both mysterious and exciting. In spite of the fact that he is involved in the criminal underworld, the recollections of the love he had as a child continue to disturb him. Nisan, an artist, is thrown into Ashraf's path with the intention of trapping him. However, things take an unexpected turn when a love story emerges between them that meets significant hurdles. Demet Ozdemir plays the role of Nisan in this film. Beginning on Tuesday, March 1, each episode of the series will be broadcast on Show TV.