Nissan Shares Fall Further on Weak Outlook, Plans to Cut Jobs
Nissan Motor Co. shares extended their losses Monday after moves to cut thousands of jobs and slash production capacity cast doubt on Chief Executive Officer Makoto Uchida’s plans to turn around the carmaker.
Nissan’s planned job cuts not related to potential Trump tariffs, company says
A company spokesperson said the move is not related to any possible tariffs that President-elect Donald Trump might impose. Trump had threatened to impose tariffs of 25% to 100% on imports from Mexico, where Nissan produces some vehicles, because of crime and drugs entering the U.S. at the southern border.
Nissan Cuts 9,000 Jobs Amid Declining Sales and Rising Costs
Nissan announced it will cut 9,000 jobs after experiencing a decline in sales during the most recent fiscal quarter.
Nissan's bold overhaul: Job cuts, sales for financial survival
CEO Makoto Uchida announced the company's restructuring plan, which involved tough and painful decisions. The automotive industry is facing potential serious challenges. Another company, whose representatives are speaking very frankly,
Nissan cuts 9,000 jobs and 20% of production capacity
Nissan's share price has indeed fallen sharply on the Tokyo Stock Exchange, losing JPY 369 (-36.00, or -8.90%) in the last five days since the announcement of the reduction.
Nissan Cutting Thousands Of Jobs And Mitsubishi Shares
It’s dark times at Nissan as the automaker announces it will be cutting 9,000 jobs and how much of a stake it has in Mitsubishi. That’s not a positive sign for the Japanese company, which supplies quite a few rental vehicles here in the US,
Nissan restructures: 9,000 jobs at risk in survival bid
CEO Makoto Uchida announced the company's restructuring plan, a move that involved difficult and painful decisions. The automotive industry is facing the threat of a severe crisis. Nissan is another brand facing tough times.
Nissan Faces Record Debt Bill With One Year Left to Fix Finances
Nissan Motor Co. will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount ...
Nissan Sells Part Of Mitsubishi; Makes Severe Cuts
In another move announced separately, Nissan is selling part of its stake in Mitsubishi back to Mitsubishi. Mitsubishi is ...
Nissan Shares Jump 21% After Activist Effissimo Takes Stake
In a regulatory filing on Monday, Nissan listed Cayman Islands-registered ECM Master Fund as a shareholder with a 2.5%stake ...
Nissan Motor Shares Jump After Activist Investor Builds Stake
Nissan Motor shares jumped their most in a decade and a half after an activist investor took a stake in the Japanese carmaker ...
Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a ...
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The InEVitable Podcast Episode 100: Nissan’s Electrified Future
MotorTrend’s Ed Loh and Jonny Lieberman talk Nissan’s EV future with two of the people transforming it, Nissan execs Jonathan ...
Nissan shares surge after activist investor takes stake
Shares in Nissan surged as much as 20 per cent on Tuesday, after a fund managed by activist investor Effissimo Capital ...
The 2025 Nissan Rogue: A well-balanced and punchy small SUV with excellent fuel economy
The 2025 Nissan Rogue is a comfortable and fuel-efficient compact SUV with plenty of technology. Pricing starts at $30,620.
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Nissan faces record debt bill with 1 year left to fix finances
Nissan Motor will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount about ...
TechNode14h
Nissan becomes first global automaker to partner with Huawei on smart cockpit
Nissan said on Tuesday one of its two Chinese ventures will collaborate with Huawei to develop software for the “digital ...