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Latest Articles in nissan motor co

Nissan Warns UK Plant 'Unsustainable' Without EU Trade Deal

Japanese company's global chief operating head, told the BBC its commitment to the car plant, the United Kingdom's largest, could not be maintained if there was no tariff-free access to the bloc.

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Nissan Settles Dispute With Tamil Nadu Over Unpaid Dues

The Japanese automaker is expected to receive between 14 billion rupees ($185 million) and 18 billion rupees ($238 million)

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Nissan Logs $6.2 Billion Annual Net Loss, Unveils 4-Year Transformation Plan

Nissan's sales dropped 10.6 per cent to 4.93 million units and market share maintained 5.8 per cent as per the previous forecast.

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Nissan To Set Out Survival Plan After Expected Annual Loss

The automaker sold 4.8 million vehicles in its latest financial year, the second decline in a row and a fall of 13% from last year, knocking it off its perch as Japan's second biggest automaker to trail Toyota and Honda.

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Nissan And Renault Shelve Merger Plans To Repair Their Alliance

Nissan has long resisted Renault's proposals for a full-blown merger as executives felt the French carmaker was not paying its fair share for the engineering work it did in Japan

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Nissan Considering 20,000 Job Cuts, Mainly In Europe, Developing Nations

The automaker in July last year it would cut 12,500 employees, nearly 10% of its of 140,000-strong workforce.

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Nissan Slashes Full-Year Results Forecast, Sees Operating Loss

The Japanese automaker said that it expected an annual operating loss of as much as 45 billion yen ($419.7 million) from a previous forecast announced

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Nissan To Close Global HQ, Other Japan Sites Through May 10 Due To Virus

Nissan's bigger rival Toyota Motor Corp has said it expects to cut its domestic production by around 40% as it significantly reduced output at its Japanese plants starting earlier month.

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Nissan Restructuring May Assume Cut Of 1 Million Cars To Annual Sales Target

Nissan has requested a $4.6 billion commitment line from major lenders to cushion the impact of the pandemic while it seeks to engineer the desperately needed turnaround

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Nissan's China Sales Drop 44.9% In March Due To Virus

Rival Toyota's China sales dropped 15.9% year-on-year in March while Honda's fell 50.8%.

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Nissan, Honda Delay Restart Of Some China Plants Due To Coronavirus

Nissan Motor Co said it would keep its plants in Xianyang, Hubei Province, and Zhengzhou, Henan Province, shuttered after Feb. 24.

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Nissan's New CEO Says Willing To Be Fired If No Turnaround

Nissan cut its dividend outlook to its lowest since the 2011 financial year, after dwindling car sales drove the company to post its first quarterly net loss in nearly a decade.

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Nissan Slashes Full-Year Profit Forecast, Hit By Sales Slump

Japan's No. 2 automaker now expects operating income of 85 billion yen ($775 million) for the year to March, down dramatically from a previous outlook for 150 billion yen.

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Nissan Seeks $91 Million In Damages From Ghosn Over Alleged Financial Misconduct

Nissan said it expects the amount claimed in damages to "increase in future" as it seeks to recover fines it expects to have to pay to regulators due to Ghosn's alleged misconduct.

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Renault Chairman Says Alliance With Nissan Strong, Shares Sense Of Urgency

Nissan Chief Executive Makoto Uchida told reporters that in order to leverage their respective strengths, Nissan would take the lead in China, Renault in Europe and Mitsubishi in southeast Asia.

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