Nissan expects to produce about 32 lakh vehicles in the year ending in March, almost 7% fewer than the last fiscal year.
All of that should help raise Nissan’s own margin, which was just 0.5% in the first half of its financial year ending in ...
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and ...
It said restructuring would cut costs by 400 billion yen ($2.61 billion) in the financial year to the end of March. Like many ...
At the time, a spokesman told Automotive News that Nissan was not planning on layoffs. Nissan had 133,580 employees as of ...
An investor possibly linked to an activist fund has obtained a stake of 2.5 percent in Nissan Motor Co., a regulatory filing showed Tuesday, lifting shares of the Japanese automaker as much as 20 ...
Nissan Motor shares slumped 6% in Tokyo trade on Friday, a day after the Japanese automaker said it would cut 9,000 jobs and ...
Nissan now sees its operating income plunging to just ¥150 billion in the fiscal year ending in March, down 70% from its ...
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
A lack of hybrid options in the U.S., among other issues, is hurting the brand.
Nissan expects to produce about 3.2 million vehicles in the year ending in March, almost 7 per cent fewer than the last ...
Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned.