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 ...
Japanese automaker Nissan has announced a major restructuring, including a global reduction of 9,000 jobs, as it grapples ...
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 ...
Nissan’s struggles to cope with tougher car industry conditions and address internal weaknesses have spiraled, leaving the ...
Nissan’s job cuts to affect 9,000 employees and CEO Makoto Uchida is also expected to forfeit half of his pay starting this month.
Nissan Motor shares slumped 6% in Tokyo trade on Friday, a day after the Japanese automaker said it would cut 9,000 jobs and ...
Under the recently announced Arc business plan, Nissan aims to increase annual global sales volume by 1 million units by the end of fiscal year 2026 and accelerate the company’s transition to electric ...
Nissan Motor Co., Ltd. ( OTCPK:NSANY) Q2 2024 Earnings Call November 7, 2024 4:30 AM ET Makoto Uchida - President and Chief Executive Officer Stephen Ma - Chief Financial Officer Hideyuki Sakamoto - ...
Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, ...
Around 9,000 job cuts are expected at Nissan, about 20% of its global manufacturing capacity, as per the automaker.
Nissan said after Thursday's market close that it booked a net loss of Y9.3 billion, equivalent to $60.8 million, for the three months ended Sept. 30. That compared with a net profit of Y190.7 billion ...