A company spokesperson said the move is not related to any possible tariffs that President-elect Donald Trump might impose. Trump had threatened to impose tariffs of 25% to 100% on imports from Mexico ...
As many automakers see sales weakening amid intense competition, Stellantis (NYSE:STLA) and Nissan (OTCPK:NSANY) are planning ...
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and ...
Nissan, which has its U.S. headquarters in Franklin, announced the company will be cutting 9,000 jobs following a challenging ...
That translated to much lower revenue: Profit for the quarter that ended in September was 32 million yen, or $208 million, ...
Nissan, which has U.S. operations headquartered in Franklin, announced major cuts to stave off 'severe' global losses on Thursday.
Audi’s third-quarter sales figures showed a 21% drop in US deliveries to 46,752 units, with almost every model Audi makes ...
Nissan Layoffs: Nissan Motor announced a series of cost-cutting measures on Thursday, including the elimination of 9,000 jobs, and downgraded its annual forecast for the second time this year as it ...
Meanwhile, Nissan President and CEO Makoto Uchida also announced that he is giving up 50% of his monthly compensation ...
Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said on Thursday, as it scrambles to reduce costs by $2.6 billion in the current fiscal year amid a ...