Nissan
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business 2025-07-03 15:05
Nissan recalls thousands of vehicles over engine failure risk - Nissan announced a recall of over 480,000 vehicles in the U.S. and Canada due to defects in engine bearings.
- Affected models include the 2021-2024 Nissan Rogue and the 2019-2020 Nissan Altima, among others.
- Owners will receive notification letters to bring their vehicles for free inspections and repairs.
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technology 2025-06-19 08:38
Nissan reveals new Leaf EV built in the UK with advanced technology - The new Leaf will have up to 375 miles of range and dual charge ports.
- It is being built at Nissan's Sunderland plant with batteries from a local gigafactory.
- This new generation aims to address current consumer preferences for EVs and SUVs.
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business 2025-05-26 07:52
Nissan cuts 20,000 jobs amid deep financial losses - Nissan reported a $4.5 billion loss for the fiscal year through March.
- The automaker is introducing e-Power technology to differentiate its vehicle lineup.
- Nissan is implementing significant workforce reductions to cut costs and achieve financial stability.
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business 2025-05-26 07:52
Nissan cuts workforce to save $4.5 billion amid financial struggles - Nissan reported a $4.5 billion loss for the fiscal year ending in March.
- The company is cutting 15% of its global workforce as part of its recovery plan.
- Nissan is focusing on its innovative e-Power technology to improve market competitiveness.
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business 2025-05-17 00:00
Nissan faces crisis with 11,000 layoffs and seven factory closures - Nissan faces significant financial troubles leading to a strategic cost-cutting initiative.
- Layoffs of 11,000 workers and potential closures of multiple plants are part of planned reductions.
- These actions highlight the struggle of Nissan to adapt to competitive pressures in major markets.
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business 2025-05-12 00:00
Nissan announces cuts of over 10,000 jobs amid declining sales - Nissan Motor plans to cut over 10,000 jobs globally, doubling total job cuts to approximately 20,000.
- The automaker is facing significant losses in sales performance in the U.S. and China, with expected net losses of up to $5 billion for the fiscal year.
- These layoffs are part of a restructuring initiative aimed at stabilizing Nissan's business amid a challenging competitive environment.
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business 2025-04-24 13:37
Nissan faces massive losses as car production costs rise in the UK - Nissan's projected loss for the fiscal year is between 700 billion yen and 750 billion yen, primarily due to declining sales and asset value.
- High energy and labor costs at the Sunderland plant pose significant challenges, impacting the UK's competitiveness in automotive manufacturing.
- The company is urging the government for more support to boost electric vehicle production and sales in order to remain viable.
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business 2025-03-31 00:00
Nissan enhances Qashqai with innovative features and tech advancements - The 2025 Nissan Qashqai features a new front end inspired by Japanese armor and a variety of technological enhancements.
- Matthew MacConnell tested the range-topping Tekna + e-Power variant noted for its efficient performance and family-friendly interior.
- Despite facing competition, the Nissan Qashqai remains a capable family SUV that combines practicality with modern tech.
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business 2025-03-26 18:11
Nissan launches three new electric vehicles by 2026 - Nissan is introducing three new all-electric models: the Micra, Leaf, and Juke.
- The new Micra will launch this year, while the Leaf and Juke will follow, with the Juke expected to arrive by the end of 2026.
- These developments mark a significant step in Nissan's transition toward electric mobility.
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business 2025-03-26 09:30
Nissan's new CEO vows to speed up decision-making for turnaround - Nissan appoints Ivan Espinosa as CEO, set to take office on April 1.
- Espinosa emphasizes a need for change in corporate culture and collaboration for improved decision-making.
- Analysts remain cautious about the impact of Espinosa's strategies on Nissan's future.
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business 2025-03-19 14:15
Japanese car lobby warns of production changes due to US tariffs - Masanori Katayama highlighted concerns about potential US tariffs on cars effective April 2, 2025.
- Major Japanese automakers face challenges in adjusting production schedules to mitigate tariff impacts.
- The Japanese automobile industry is lobbying the government for tariff exemptions while developing contingency plans.
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business 2025-02-21 16:10
Yoshihide Suga seeks Tesla investment to save Nissan - Nissan is facing significant challenges, including an outdated product portfolio and ongoing losses.
- Attempts to merge with Honda failed, leaving Nissan searching for new partnerships.
- Former Prime Minister Yoshihide Suga is advocating for Tesla to invest in Nissan as a potential solution.
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business 2025-02-17 17:20
Nissan may relocate operations outside of Mexico over tariff threats - Nissan's CEO announced the company may need to shift operations out of Mexico due to proposed tariffs.
- Nearly 670,000 vehicles produced by Nissan in Mexico are essential to its operations, with over 456,000 exported.
- The potential exit from Mexico represents a significant blow to the country's automotive sector.
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business 2025-02-13 15:58
Nissan announces massive projected loss after halting Honda talks - Nissan's April-December profit fell dramatically to 5.1 billion yen, down from 325 billion yen the year prior.
- Honda reported a 7% decline in profit while announcing the end of its integration talks with Nissan.
- Both companies face challenges in the automotive market, prompting drastic operational changes.
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business 2025-02-05 14:30
Nissan withdraws from Honda merger talks amid internal dissent - The proposed merger aimed to combine Nissan and Honda to create a stronger competitor against global auto manufacturers.
- Nissan's internal opposition to Honda's terms has resulted in the company withdrawing from merger discussions.
- This withdrawal indicates substantial challenges within the negotiations and potential issues for both automakers moving forward.
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business 2025-01-30 04:47
Nissan plans significant job and production cuts in the U.S - Nissan Motor Corp. is cutting 9,000 jobs globally as part of a recovery plan.
- Production at U.S. plants will be significantly reduced, with adjustments in several locations.
- These measures aim to promote efficiency and adapt to the changing automotive market.
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business 2025-01-11 00:00
Honda's merger with Nissan raises questions about the future of hybrid SUVs - Honda and Nissan have merged to create a $50 billion automotive company.
- The tie-up was motivated by competition from Chinese car manufacturers and the need to enhance product capabilities.
- Through combining resources and factories, Honda aims to stay competitive and introduce new electric vehicles.
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business 2025-01-03 00:00
Honda and Nissan could merge, triggering a shake-up in the auto industry - Honda and Nissan are exploring a potential merger amid changing landscape in the auto industry.
- Factors driving the need for mergers include technological changes, R&D demands, and thin profit margins.
- Experts predict ongoing consolidation will likely result in fewer major automakers over the next five to ten years.
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business 2024-12-27 22:59
Mitsubishi explores involvement in Nissan and Honda merger - Nissan and Honda have signed a memorandum to explore a merger amid the automotive industry's transition.
- Mitsubishi Motors is also considering involvement in the merger discussions, potentially enhancing collaboration.
- The merger aims to create a stronger competitor in the market, addressing current financial challenges and evolving industry demands.
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business 2024-12-23 18:15
Honda and Nissan's shocking plan to share factories sparks merger debate - Honda and Nissan are set to announce integration talks as they seek collaboration in the evolving auto industry.
- They are exploring potential production partnerships, including the joint use of facilities and hybrid vehicle supply.
- A successful merger would create the world's third-largest auto group, enhancing competitiveness against major rivals.
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business 2024-12-23 12:05
Nissan and Honda announce merger plans - Honda and Nissan have begun negotiations to merge, with plans to create a holding company by August 2026.
- The merger aims to strengthen their position in the automotive industry, which is rapidly transitioning toward electric vehicles.
- This integration could position the combined company as the third-largest automaker in the world, competing with Toyota and Volkswagen.
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politics 2024-12-23 09:02
Supreme Court set to decide on controversial TikTok ban - The U.S. Supreme Court plans to hear arguments on a federal law regarding TikTok's ownership and potential ban due to national security issues.
- The Protecting Americans from Foreign Adversary Controlled Applications Act mandates ByteDance to divest TikTok or face a nationwide ban, citing risks linked to Chinese influence.
- The outcome of the Supreme Court's decision could significantly impact the future of foreign-owned social media companies in relation to U.S. constitutional rights.
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business 2024-12-12 03:05
Nissan's new chief operating officer faces uphill battle to save the company - Nissan appointed Jeremie Papin as chief operating officer to turn around the company amid financial struggles.
- The company reported a quarterly loss of 9.3 billion yen, a significant drop in sales, and announced job cuts.
- These executive changes signal Nissan's commitment to improve efficiency and market responsiveness.
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business 2024-12-12 00:47
Nissan appoints Jeremie Papin as new CFO amid financial crisis - Nissan appointed Jeremie Papin as its new chief financial officer, replacing Stephen Ma.
- The company reported a quarterly loss of 9.3 billion yen and plans to cut 9,000 jobs.
- These management changes reflect Nissan's urgent need for a turnaround and sustainable profitability.
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business 2024-12-10 00:00
Nissan's Infiniti brand closes US dealerships amid turmoil - Infiniti will close a number of stand-alone dealerships and merge with Nissan dealers to improve operational efficiency.
- Sales figures for Infiniti in the U.S. have dropped significantly, with a reported 50% decline over the past five years.
- The restructuring is seen as vital to the survival of Infiniti, with Nissan seeking new investors for future stability.
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business 2024-12-04 04:34
Nissan fights for survival as collapse looms in 12 months - Nissan faces intense competition from Chinese electric vehicle makers, risking its market share in Australia.
- The company's management reveals a grim forecast with a 12-14 month survival timeline amid job cuts and strategic changes.
- Leadership turbulence and external regulatory challenges are compounding Nissan's difficulties, leading to an urgent need for action.
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business 2024-12-04 00:57
Cargill lays off 8,000 workers as profits plummet - Cargill is reducing its global workforce due to decreasing food prices and profits.
- Nissan faces significant challenges in profitability and increasing competition from electric vehicles.
- Both companies are undergoing restructuring efforts to adapt to changing market conditions.
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business 2024-11-30 00:00
Nissan cuts jobs and production in bid to avoid bankruptcy - Nissan is reducing its global workforce by 9,000 jobs and cutting production capacity by 25%.
- The company faces severe financial difficulties due to competition from cheaper EVs from China.
- Nissan needs an urgent turnaround strategy to avoid potential bankruptcy within the next year.
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business 2024-11-07 11:11
Nissan cuts 9,000 jobs to save $2.6 billion amid sales slump - Nissan Motor introduced a $2.6 billion cost-saving strategy involving 9,000 job cuts.
- The company anticipates a 20 percent reduction in global production capacity due to decreased sales.
- These actions aim to address significant profit drop and ongoing competitive pressures in key markets.
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business 2024-11-07 00:00
SUPPLIERASSURANCE enhances supply chain transparency with AIAG partnership - SUPPLIERASSURANCE has formed a partnership with AIAG to strengthen supply chain compliance and transparency.
- The collaboration includes major automotive manufacturers like Ford, GM, Honda, Nissan, Stellantis, and Toyota.
- This partnership aims to cultivate ethical practices and compliance in response to increasing regulatory pressures.
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category 2024-09-19 08:20
Greg Kelly"s trial in Japan set for February verdict - Greg Kelly was arrested in 2018 on charges related to under-reporting Carlos Ghosn's compensation.
- In 2022, he was cleared of most charges and received a suspended sentence for one count.
- His lawyer is appealing for a complete acquittal, demanding justice and restoration of Kelly's reputation.
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technology 2024-08-07 10:01
Nissan Launches Paints to Cool Cars - Nissan has launched a new paint technology that significantly reduces temperatures in car interiors.
- The technology has been reported to decrease roof panel temperatures by 12°C and interior temperatures by 5°C.
- This innovation aims to enhance passenger comfort and improve vehicle performance in hot climates.
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2023 All rights reserved