Tag #Nissan

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Nissan to Cut 20,000 Jobs, Consider Factory Closure Amidst Record Losses

Nissan Motor Co. announced plans to cut approximately 20,000 jobs globally, representing 15 percent of its workforce, and is considering closing a domestic factory to address declining sales and a projected record loss of 700 to 750 billion yen for fiscal 2024.

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dailymail.co.uk
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Nissan Forecasts Record \£4 Billion Loss Amidst Restructuring

Nissan drastically revised its financial forecast, projecting a net loss of \¥700-750 billion (\£3.7-4 billion) for 2024-25 due to restructuring costs and sales slumps in major markets like China and the US, prompting a cost-cutting plan involving potential plant closures and job cuts under new CEO ...

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abcnews.go.com
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Nissan's New CEO Aims for Faster Decision-Making and Collaborative Culture

Nissan's new CEO, Ivan Espinosa, plans to accelerate decision-making and foster a more collaborative team culture to revitalize the struggling automaker by reducing new car development time, focusing on models that embody the Nissan brand, and leveraging partnerships; he aims to bring new products t...

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english.kyodonews.net
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Nissan Appoints New CEO Amidst Business Slump, Failed Honda Merger

Nissan Motor Co. appointed Ivan Espinosa as its new CEO on April 1st, replacing Makoto Uchida, after merger talks with Honda collapsed due to Honda's subsidiary proposal. Espinosa aims to revive Nissan's business, which suffered over a 90 percent profit drop in nine months, and faces challenges in t...

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edition.cnn.com
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Nissan Appoints New CEO to Address Declining Profits and Brand Challenges

Nissan announced that Ivan Espinosa, its chief planning officer, will become CEO on April 1, succeeding Makoto Uchida amidst declining profits and failed merger talks with Honda; Espinosa's focus on product development aims to revitalize the brand.

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english.kyodonews.net
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Trump Questions U.S.-Japan Security Pact Balance

U.S. President Donald Trump expressed concerns about the perceived imbalance in the U.S.-Japan security treaty, stating that the U.S. protects Japan without reciprocal protection, during a press conference in the Oval Office on Thursday.

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dailymail.co.uk
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Nissan to Cut Nearly 20,000 Jobs Globally Amidst Financial Crisis

Nissan, facing a projected £3.8 billion loss, will cut almost 20,000 jobs globally—more than double its initial plan—to save £2 billion, raising concerns about its UK Sunderland plant employing 6,000.

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dailymail.co.uk
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Trump Tariffs Force Nissan to Slow Rogue Production

Facing Trump's 25 percent auto tariffs, Nissan slows Japanese Rogue production by 13,000 units, impacting US availability, while maintaining US production and facing challenges with its Mexico-made Sentra and Versa models.

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elpais.com
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Nissan Appoints New CEO Amidst Financial Crisis and Trade Uncertainty

Nissan replaces CEO Makoto Uchida with Iván Espinosa, a Mexican executive, amid financial losses, failed merger talks, and potential US tariffs on Mexican-made goods; the company plans to focus on the North American market.

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dw.com
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Nissan Appoints New CEO Amidst Financial Restructuring

Nissan announced that Iván Espinosa will replace Makoto Uchida as president and CEO on April 1st, as part of a restructuring plan to address significant financial losses stemming from declining sales in key markets, including a 20% global production cut and 9,000 job losses.

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cnnespanol.cnn.com
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Nissan Appoints Iván Espinosa as New CEO

Nissan announced that Iván Espinosa, its director of planning, will become CEO on April 1st, succeeding Makoto Uchida whose resignation follows disappointing financial results and failed merger talks with Honda. Espinosa, a 46-year-old Mexican national, has overseen product planning and development ...

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china.org.cn
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Nissan-Honda Merger Talks Collapse, Leaving Nissan Vulnerable

Hours before Valentine's Day, Nissan and Honda announced the termination of their planned merger, which was expected to create the world's fourth-largest car group. The deal, initially welcomed by investors, collapsed due to differences over Nissan's subsidiary status, highlighting Nissan's financia...

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Showing 13 to 24 of 77 results