The industry that helped turn Japan into an economic juggernaut is undergoing its biggest change in years, with two of the country’s best-known carmakers looking to join forces.
Japanese automaker Nissan is slimming down its production in the U.S. and offering buyouts to workers in a push to cut jobs after reporting losses during the last quarter. Nissan is offering
Nissan Motor (OTCPK:NSANY) announced production and shift cuts in the U.S. as part of its strategy to push back costs amid sluggish sales. The Yokohama-based automaker is offering buyouts to workers.
As Nissan CEO Makoto Uchida said during a November investor’s meeting, the company needs to get back on “the growth track," and for the troubled automaker, that means cuts. But decreasing global production capacity 20% and slashing at least 9,000 jobs ...
Nissan’s improved Frontier midsize pickup truck is more useful than before, though it doesn’t give us all the fixes we hoped for.
Nissan plans to repair its flailing business without closing factories, according to people familiar with the matter, as it looks to streamline its finances before a capital tie-up with Honda.
Renault SA wants a premium for its stake in Nissan Motor Co. if Honda Motor Co. takes over control of the rival Japanese automaker, according to people familiar with the matter.
Nissan Motor Corporation reported a slight fall in global sales to 3,348,687 vehicles in 2024, from 3,374,374 in 2023.
The Japanese aim to save up to £2 billion. Unfortunately, achieving this goal requires sacrifices. Nissan is another brand facing a crisis caused by global changes in the automotive market. The Japanese company has just announced significant cuts in the USA.
Two men and a woman were shot dead on Wednesday night in Chaguanas during a confrontation with police.They were yet to be positively identified up to late yesterday.Police reports said