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While Nissan sold 3.4 million vehicles last fiscal year, total calendar 2023 Renault-Nissan-Mitsubishi alliance sales volume of 6.4 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 11.2 million, Volkswagen at 9.2 million, and Hyundai/Kia with 7.3 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Under a new alliance agreement, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company. Renault holds the remaining stake in Nissan through a French trust where the voting rights of such shares are “neutralized” for “most decisions” but retain the economic benefit.
URL http://www.nissan-global.com
Investor Relations URL http://www.nissan-global.com/EN/IR/
HQ State/Province N/A
Sector Consumer Discretionary
Industry Automobiles
Equity Style Large Cap/Value
Next Earnings Release Nov. 08, 2024 (est.)
Last Earnings Release Jul. 25, 2024
Next Ex-Dividend Date N/A
Last Ex-Dividend Date Mar. 27, 2024

Profile

While Nissan sold 3.4 million vehicles last fiscal year, total calendar 2023 Renault-Nissan-Mitsubishi alliance sales volume of 6.4 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 11.2 million, Volkswagen at 9.2 million, and Hyundai/Kia with 7.3 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Under a new alliance agreement, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company. Renault holds the remaining stake in Nissan through a French trust where the voting rights of such shares are “neutralized” for “most decisions” but retain the economic benefit.
URL http://www.nissan-global.com
Investor Relations URL http://www.nissan-global.com/EN/IR/
HQ State/Province N/A
Sector Consumer Discretionary
Industry Automobiles
Equity Style Large Cap/Value
Next Earnings Release Nov. 08, 2024 (est.)
Last Earnings Release Jul. 25, 2024
Next Ex-Dividend Date N/A
Last Ex-Dividend Date Mar. 27, 2024