Reuters reported earlier that Nissan had scheduled a press conference for 12:00 to discuss topics raised at its board meeting today.
With that time having passed, Reuters is quoting a spokesman saying the board meeting is still going on.
Porsche set to lead the charge at Frankfurt show
PORSCHECopyright: PORSCHE
The BBC's Theo Leggett has been looking at the key trends ahead of the Frankfurt Motor Show this week.
In his analysis he says that although the major German carmakers - VW Group, Daimler and BMW - will be determined to put on an elaborate display at their home event, other big names will be missing, among them Toyota, Nissan, and Fiat Chrysler.
This has been a trend for a number of years now, and not just at Frankfurt.
Many of the biggest attractions at the show will be electric. They include the new Porsche Taycan (pictured) which was officially unveiled last week, it is the first all-electric model ever to be produced by the Stuttgart manufacturer, and goes into production at a brand new factory today.
India's car sales fall at sharpest rate for 20 years
Getty ImagesCopyright: Getty Images
Car sales in India during July fell at the sharpest pace for nearly 20 years, according to new data.
The Society of Indian Automobile Manufacturers (SIAM) said sales of cars to dealerships fell by 30.9% to 200,790 in July - the worst drop since December 2000.
The pace of the decline has accelerated in recent months as a
liquidity crunch in India's shadow banking sector has dried up
lines of credit to dealers and potential car buyers.
Vishnu
Mathur, director general of SIAM, said the fall had wider implications for the Indian economy.
"If this industry goes down, then everything gets hurt.
Manufacturing, jobs and revenue to the government," he said.
Sales of new cars fell for the the fifth month in a row in July as confusion over the government's policy on fuel types and political uncertainty hit car dealers, according to the
Society of Motor Manufacturers and Traders.
Just 157,198 cars were registered last month, down 4.1%.
Orders from business customers were down 22.5%, while purchases from individuals were down 2%.
Sales of diesel cars fell for the 28th month in a row in July. They were down 22.1%.
However, demand for battery cars was up by 158.1% but they still only account for 1.4% of cars on the road.
Live Reporting
All times stated are UK
Nissan CEO to step down
Financial Times reporter tweets:
Nissan board meeting continues
Reuters reported earlier that Nissan had scheduled a press conference for 12:00 to discuss topics raised at its board meeting today.
With that time having passed, Reuters is quoting a spokesman saying the board meeting is still going on.
Porsche set to lead the charge at Frankfurt show
The BBC's Theo Leggett has been looking at the key trends ahead of the Frankfurt Motor Show this week.
In his analysis he says that although the major German carmakers - VW Group, Daimler and BMW - will be determined to put on an elaborate display at their home event, other big names will be missing, among them Toyota, Nissan, and Fiat Chrysler.
This has been a trend for a number of years now, and not just at Frankfurt.
Many of the biggest attractions at the show will be electric. They include the new Porsche Taycan (pictured) which was officially unveiled last week, it is the first all-electric model ever to be produced by the Stuttgart manufacturer, and goes into production at a brand new factory today.
Porsche set to lead the charge at Frankfurt show
By Theo Leggett
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Porsche is set to lead the charge at the Frankfurt Motor Show with its new electric sports car.
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Read moreIndia's car sales fall at sharpest rate for 20 years
Car sales in India during July fell at the sharpest pace for nearly 20 years, according to new data.
The Society of Indian Automobile Manufacturers (SIAM) said sales of cars to dealerships fell by 30.9% to 200,790 in July - the worst drop since December 2000.
The pace of the decline has accelerated in recent months as a liquidity crunch in India's shadow banking sector has dried up lines of credit to dealers and potential car buyers.
Vishnu Mathur, director general of SIAM, said the fall had wider implications for the Indian economy.
"If this industry goes down, then everything gets hurt. Manufacturing, jobs and revenue to the government," he said.
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Read moreNew car sales fall in July
Sales of new cars fell for the the fifth month in a row in July as confusion over the government's policy on fuel types and political uncertainty hit car dealers, according to the Society of Motor Manufacturers and Traders.
Just 157,198 cars were registered last month, down 4.1%.
Orders from business customers were down 22.5%, while purchases from individuals were down 2%.
Sales of diesel cars fell for the 28th month in a row in July. They were down 22.1%.
However, demand for battery cars was up by 158.1% but they still only account for 1.4% of cars on the road.
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The German carmaker, which builds the Mini in the UK, says Boris Johnson should listen to business.
Read moreCar industry investment plummets in UK
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Read moreVauxhall owner 'could move Astra production from UK'
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