CEO Makoto Uchida announced the company's restructuring plan, which involved making difficult and painful decisions. The ...
In another move announced separately, Nissan is selling part of its stake in Mitsubishi back to Mitsubishi. Mitsubishi is ...
It’s a risky bet that CEO Makoto Uchida can pull off a tricky manoeuvre in a tight spot. Effissimo’s stake highlights how ...
Nissan Motor Co. shares extended their losses Monday after moves to cut thousands of jobs and slash production capacity cast ...
CEO Makoto Uchida announced the company's restructuring plan, a move that involved difficult and painful decisions. The ...
Nissan Motor Co. President and CEO Makoto Uchida will be taking a 50% cut to his monthly pay in order to help the company ...
Nissan expects some of the job cuts to come in the form of voluntary separation programs like buyouts. The company says it’s still going to build the 30 new or updated models included in its Arc plan ...
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and ...
Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, ...
Nissan shares jumped to their highest in 15 years after a hedge fund took a 2.5% stake in the struggling business. Earlier ...
The dramatic move hopes to achieve “healthy growth,” and includes a plan to reduce fixed costs by 300 billion yen (more than $1.9 billion) and variable costs by 100 billion yen ($649 million) while ...
Around 9,000 job cuts are expected at Nissan, about 20% of its global manufacturing capacity, as per the automaker.