Nissan cuts 9,000 jobs and goes into ’emergency’ mode

Nissan is in full-scale emergency mode to save itself: the automaker is cutting 9,000 jobs, slashing production capacity, and selling off its stake in Mitsubishi Motors. The CEO is also reducing his own salary by half. CEO Makoto Uchida – who took the job amid the epic Carlos Ghosn disaster – today unveiled a “sweeping”… Continue reading Nissan cuts 9,000 jobs and goes into ’emergency’ mode

Nissan underscores commitment to China at CIIE

Isao Sekiguchi, Nissan’s corporate vice-president, delivers a speech at the CIIE on Nov 6, 2024. [Photo by Li Fusheng/chinadaily.com.cn] With China’s evolving market trends, Nissan is accelerating its electrification efforts, planning to launch eight new energy models, including five under the Nissan brand, by fiscal year 2026 to meet diverse consumer needs. Isao Sekiguchi, Nissan’s… Continue reading Nissan underscores commitment to China at CIIE

Nissan’s contribution to Renault Group’s third quarter 2024 earnings

Press Release November 7, 2024   Nissan’s contribution to Renault Group’s third quarter 2024 earnings Nissan released today its results for the second quarter of fiscal year 2024/2025 (April 1st, 2024 to March 31st, 2025). Nissan’s results, published in Japanese accounting standards, for the second quarter of fiscal year 2024/2025 (July 1st to September 30th, 2024), after… Continue reading Nissan’s contribution to Renault Group’s third quarter 2024 earnings

Contribution de Nissan aux résultats de Renault Group au titre du troisième trimestre 2024

Communiqué de presse 7 novembre 2024   Contribution de Nissan aux résultats de Renault Group au titre du troisième trimestre 2024 Nissan a publié aujourd’hui les résultats du deuxième trimestre de son exercice fiscal 2024/2025 couvrant la période du 1er avril 2024 au 31 mars 2025. Le résultat publié par Nissan en normes comptables japonaises au… Continue reading Contribution de Nissan aux résultats de Renault Group au titre du troisième trimestre 2024

Nissan to cut 9,000 jobs globally after sinking to a loss

It is thought Nissan’s Sunderland factory is unlikely to be affected. Photograph: Bloomberg/Getty View image in fullscreen It is thought Nissan’s Sunderland factory is unlikely to be affected. Photograph: Bloomberg/Getty Nissan to cut 9,000 jobs globally after sinking to a loss Production capacity at Japanese carmaker will be reduced by 20% and sales budgets cut… Continue reading Nissan to cut 9,000 jobs globally after sinking to a loss

First pictures of next-generation Renault Clio

The next-generation Renault Clio is set to ditch pure-petrol engines and go hybrid-only when it arrives next year. It will also introduce several new design cues, pictures of the car spotted testing on public roads for the first time show. These include a more prominent nose with a diamond-shaped grille pattern. It also features twin-decked lip… Continue reading First pictures of next-generation Renault Clio

“Always the same goal: profit!” Between drop in activity and buyout, 500 jobs in the automotive sector threatened in Châteauroux

The 500 Castelroussian employees of the GMD group, an automotive subcontractor, are worried about the future. The decline of the auto sector and the decline in activity at the Indre sites make them fear the worst. And an upcoming takeover of the group should not help the situation. The essentials of the day: our exclusive… Continue reading “Always the same goal: profit!” Between drop in activity and buyout, 500 jobs in the automotive sector threatened in Châteauroux

Kharon Partners with AIAG to Enhance Global Risk Insights and Address Forced Labor in Automotive Supply Chains

New Collaboration Equips Automotive Industry, OEMs, and Suppliers with Access to Kharon’s Advanced Data and Technology Solutions for Navigating Forced Labor Due Diligence DENVER, Nov. 7, 2024 /PRNewswire/ — Kharon announces a strategic partnership with Automotive Industry Action Group (AIAG). Through this partnership, Kharon will expand its support for the automotive sector in navigating challenges related… Continue reading Kharon Partners with AIAG to Enhance Global Risk Insights and Address Forced Labor in Automotive Supply Chains