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 ...
Good morning! It’s Thursday, November 14, and this is The Morning Shift, your daily roundup of the top automotive headlines ...
Nissan shares surged nearly 13% after hedge fund Effissimo Capital acquired a 2.5% stake, boosting confidence despite ...
The high cost of living and continuous job cuts, carried out in large part through sellout contracts brokered by the Biden ...
CEO Makoto Uchida announced the company's restructuring plan, which involved tough and painful decisions. The automotive ...
Shares in Nissan surged as much as 20 per cent on Tuesday, after a fund managed by activist investor Effissimo Capital ...
Nissan plans to lay off 9,000 workers globally and cut production by 20% to counter declining sales in China and the U.S., ...
This reveal comes after Nissan unveiled measures including 9,000 job cuts and the second annual profit downgrade of the year. Published first on TheFly – the ultimate source for real-time, ...
For a second time, Nissan has reduced its operating profit forecast for the ... It remains unclear whether the job cuts will ...
Japanese automaker Nissan has announced a major restructuring, including a global reduction of 9,000 jobs, as it grapples ...
Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, ...
TOKYO (Reuters) -Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said on ...