Tag: Nissan

MRO for Automation Solutions Market to Grow by USD 53.29 Billion from 2024-2028, as Outsourcing Drives Revenue with AI-Powered Market Evolution – Technavio

NEW YORK, Nov. 8, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global maintenance repair operations (MRO) for automation solutions market size is estimated to grow by USD 53.29 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.38% during the forecast period.… Continue reading MRO for Automation Solutions Market to Grow by USD 53.29 Billion from 2024-2028, as Outsourcing Drives Revenue with AI-Powered Market Evolution – Technavio

It’s brutal out there: Audi to slash 4,500 jobs

Audi Q8 e-tron production at Brussels plant (Source: Audi AG) Following the news of sweeping cuts at Volkswagen, Nissan, and Stellantis, now VW-owned Audi announced plans to slash its workforce by 15%, with thousands of jobs on the chopping block. After sweeping layoffs at Volkswagen numbering in the tens of thousands, other jobs within the… Continue reading It’s brutal out there: Audi to slash 4,500 jobs

Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans

The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by 20%. Shares of the… Continue reading Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans

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

Clay Cooley Auto Group Expands in Arlington with Acquisition of Don Davis Nissan

Clay Cooley Auto Group is excited to announce its acquisition of Don Davis Nissan in Arlington, Texas. ARLINGTON, Texas, Nov. 8, 2024 /PRNewswire/ — This addition reinforces Clay Cooley Auto Group’s commitment to exceptional automotive services throughout Dallas-Fort Worth, enhancing their presence with a dealership experience tailored to the Arlington community. Continue Reading Clay Cooley… Continue reading Clay Cooley Auto Group Expands in Arlington with Acquisition of Don Davis Nissan

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

Quarterly sales fell to 2.9 trillion yen (USD 19 billion) from 3.1 trillion yen. Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs. Chief Executive Makoto Uchida said he was taking a 50% pay cut to… Continue reading Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

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