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Nissan has announced another round of brutal cost-cutting as Trump's tariffs threaten to derail attempts to turn the struggling carmaker around. The beleaguered Japanese giant said on Tuesday it ...
When asked by MotorTrend at the FT summit in London, U.K., whether Nissan could survive its current financial crisis, a pragmatic Espinosa explained that the company’s current plan prioritizes ...
Nissan is facing a financial crisis, with dealerships selling cars at a loss, reduced production, and a series of job cuts, totaling more than 9,000 positions eliminated. Additionally, the company ...
Reports say that Nissan’s Chief Financial Officer is about to step down. That man, Stephen Ma, stepped into the role in 2019. If he leaves he’ll be the second major executive from Nissan to ...
Nissan Motor’s financial performance deteriorated significantly in the second quarter of the current fiscal year, between July and September 2024, with global revenues falling by 5% year-on-year ...
Japan's Nissan announced a new round of cost cuts this month that include closing seven production sites globally.
during a presentation highlighting financial results for the company’s 2024-2025 fiscal year (which ended on March 31), the 46-year-old Espinosa announced a new revival plan called Re:Nissan ...
Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto parts company said in a statement, after months of uncertainty about its ...
TOKYO -- A month after Nissan Motor admitted to a slump in business ... This is the company's third existential crisis and has seen 9,000 jobs cut and an executive reshuffle.
Nissan said it would cut 20,000 jobs and close seven factories on Tuesday. The Japanese automaker is mired in a financial crisis and faces a major headache from Trump's tariffs. It said tariffs ...