Nissan will cut its production capacity by 20%, reduce vehicle development lead time to 30 months and deepen collaboration ...

Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a ...

The Japanese carmaker is embarking on a turnaround plan that includes cutting global production capacity by a fifth.

The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.

The firm sees its operating income plunging to ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.

Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said on Thursday, as it ...

and its alliance with Subaru Corp., Suzuki Motor Corp. and Mazda Motor Corp. Uchida didn’t offer further details on the ...

Nissan did not specify if its job cuts will include any U.S. workers, while affected Stellantis employees all work in Ohio.

Nissan’s job cuts to affect 9,000 employees and CEO Makoto Uchida is also expected to forfeit half of his pay starting this ...

TOKYO (Reuters) -Nissan Motor announced a $2.6 billion cost saving plan on Thursday, including 9,000 job cuts and a 20% ...

Suzuki Motor Corp. and Mazda Motor Corp. Uchida said Thursday that strategic partnerships with Renault SA, Mitsubishi Motors ...

The Japanese carmaker cut its fiscal 2024 operating profit forecast by 70 percent to 150 billion yen (US$975 million), compared to 500 billion yen forecast in July, on sales of 12.7 trillion yen, also ...