They will remain so until automaker’s dispute with Russian automaker GAZ is resolved.
Brand plans completely electrified lineup by 2035, including work with alliance partner Renault.
Refreshed alliance gives Nissan equal footing in two-decade partnership.
Carmakers trying to work out matters of importance to each.
Automakers meanwhile negotiating terms.
The Japanese automaker forecasts operating profit for the fiscal year will hit 360 billion yen ($2.5 billion), up 100 billion yen from its July forecast.
AvtoVAZ has started building vehicles without airbags, antilock brakes and other safety features because international sanctions have blocked imports of needed parts.
Experts predict the Russian invasion of Ukraine could slash global production of new cars and trucks by millions of units in 2022.
Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.
Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A week ago, the companies were poised to form the world’s third-largest automaker.
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