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Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Like many global automakers,
Nissan
is struggling in China where BYD and other domestic rivals are winning market share with affordable
electric
vehicles
and gasoline-
electric
hybrids equipped with advanced software.
Nissan
is also challenged in the US ...
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
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.
What's Nissan's plan to stay in the game after 9,000 layoffs and CEO pay cut?
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and a renewed focus on EVs and hybrids.
Nissan CEO Who Cut His Monthly Pay in Half to Address 'Severe Situation' Will Still Make Millions This Year
Makoto Uchida, the CEO of Nissan, offered to take a 50 percent pay cut for himself, as his company's shares continued to plummet.
Nissan to Cut 9,000 Jobs and Slash CEO’s Pay Amid Struggles
Nissan Motor Co. plans to lay off 9,000 workers and reduce its global manufacturing capacity by 20 percent, according to Reuters. The Japanese automaker’s restructuring strategy is aimed at trimming $2.
Nissan cuts 9,000 jobs, slashes CEO's pay amid struggling sales
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and a renewed focus on EVs and hybrids.
Auto News India
38m
Nissan enters into a new era of turmoil. Here's why
Nissan expects to produce about 32 lakh vehicles in the year ending in March, almost 7% fewer than the last fiscal year.
Hosted on MSN
3h
Mitsubishi buys back major stake from Nissan—what it means for their alliance
As
Nissan
navigates its current financial hardships, the automaker has said it plans to leverage partnerships with other ...
31m
Outstanding fuel savings with Nissan e-POWER
WITH the government’s plan to roll back RON95 petrol subsidies in the near future, Nissan’s impressive fuel-sipping e-POWER ...
autoevolution
3d
These Are the Best Electric Car Lease Deals in November 2024
Leasing an EV has never been so popular, thanks to the more relaxed conditions for the federal EV credit, so we made a list ...
Hosted on MSN
2d
Nissan's sporty electric secret
Back in 2018, Nissan cobbled together a Leaf silhouette racecar with twin electric motors producing 240kW and a weight of ...
AutoExpress
9h
Car Deal of the Day: premium Nissan Ariya has a 319-mile range for £278 per month
The Airya marked a step-change for Nissan and this ‘Sky Pack’ model is our Car Deal of the Day for 12 November ...
AOL
5d
Nissan to lay off thousands of workers as sales drop
China has become the world's biggest producer of
electric
vehicles
as many Western rivals have failed to keep up.
CarBuzz on MSN
6d
Best Electric Cars Under 30k for 2024 | CarBuzz
What are the best electric vehicles under $30,000? Use our expert BuzzScore rating to find the best EVs under $30k on the ...
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