Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Nissan Motor Co., Ltd. is a Japanese multinational automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells its vehicles under the Nissan, Infiniti, and Datsun brands, with in-house performance tuning products labelled Nismo.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedHad an operating plant in Russia. State intentions to halt production due to logistical challenges (sold 53,000 vehicles in Russia in 2021). Nissan Takes $687 Million Loss as Sells Russian Business for 1 Euro.
Nissan has formally completed the sale of its Russian legal entity to NAMI, the Central Research and Development Automobile and Engine Institute. NISSAN MANUFACTURING RUS LLC was sold on 23/11/2022. Nissan will no longer service its cars in Russia. Employees of the former Nissan plant in Russia were sent on vacation. The former Nissan site in Russia, Avtozavod St. Petersburg, will stop assembling Xcite cars from July 22. Interfax reports on sending employees of the enterprise on vacation with reference to the company's press service.