2020/05/28 Consultation to begin with employee representatives Barcelona, Spain – Nissan today announced proposals to restructure its industrial operations in Barcelona. The proposal includes the intention to close Nissan Barcelona Plant in Zona Franca and the nearby satellite plants of Montcada and Sant Andreu, from December 2020. The plan follows a long study into future… Continue reading @Nissan: Nissan announces proposal to close Barcelona Plant
Tag: Nissan
@Nissan: Nissan unveils transformation plan to prioritize sustainable growth and profitability
May 28, 2020 [embedded content] YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled a four-year plan to achieve sustainable growth, financial stability and profitability by the end of fiscal-year 2023. The scalable plan, involving cost-rationalization and business optimization, will shift the company’s strategy from its past focus on inflated expansion. As part of the… Continue reading @Nissan: Nissan unveils transformation plan to prioritize sustainable growth and profitability
Nissan sets out survival plan after first loss in 11 years
TOKYO (Reuters) – Nissan Motor Co unveiled a plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits that culminated in its first annual loss in 11 years. FILE PHOTO: Nissan Motor’s logo is pictured at its headquarters in Yokohama, Japan February 13, 2020.… Continue reading Nissan sets out survival plan after first loss in 11 years
Vaya Africa launches electric ride-hail taxi network
Vaya Africa, a ride-hail mobility venture founded by Zimbabwean mogul Strive Masiyiwa, has launched an electric taxi service and charging network in Zimbabwe with plans to expand across the continent. The South Africa headquartered company has acquired a fleet of Nissan Leaf EVs and developed its own solar powered charging stations. The program goes live… Continue reading Vaya Africa launches electric ride-hail taxi network
@Mitsubishi: Alliance New Cooperation Business Model to Support Member-Company Competitiveness and Profitability
TOKYO, May 27, 2020 – (JCN Newswire) – Groupe Renault, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, the members of one of the world’s leading automotive alliances, today announced several initiatives as part of a new cooperation business model to enhance the competitiveness and profitability of the three partner companies. The member companies plan… Continue reading @Mitsubishi: Alliance New Cooperation Business Model to Support Member-Company Competitiveness and Profitability
Renault, Nissan abandon race for growth to focus on costs
Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. unveiled a plan for deeper cooperation in developing and building vehicles as they seek to salvage their strained alliance and weather a collapse in car demand. The measures will help deliver savings of as much as 40% in model investments for jointly developed… Continue reading Renault, Nissan abandon race for growth to focus on costs
Auto parts maker Marelli secures $1.2 bln financing to withstand crisis
MILAN (Reuters) – Auto parts maker Marelli said on Wednesday it had secured additional capital and loans worth 130 billion yen ($1.2 billion) from top shareholder U.S. investment firm KKR (KKR.N) and Japanese banks. The COVID-19 epidemic has forced most manufacturers to temporarily halt production and almost erased car demand in March and April, leaving… Continue reading Auto parts maker Marelli secures $1.2 bln financing to withstand crisis
Renault and Nissan rule out merger as they unveil survival plan
PARIS/TOKYO (Reuters) – Renault (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) ruled out a merger on Wednesday and instead said they would cooperate more closely on vehicle development to slash costs and salvage their troubled alliance. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships… Continue reading Renault and Nissan rule out merger as they unveil survival plan
UPDATE 2-Renault and Nissan rule out merger as they unveil survival plan
FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims, France, July 9, 2019. REUTERS/Christian Hartmann PARIS/TOKYO (Reuters) – Renault (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) said on Wednesday they would each take a lead on car manufacturing in different… Continue reading UPDATE 2-Renault and Nissan rule out merger as they unveil survival plan
@Nissan: Alliance new cooperation business model to support member-company competitiveness and profitability
2020/05/27 Alliance partners to leverage leader-follower scheme to enhance efficiency and competitiveness in products and technologies Individual members to be reference for the regions where they have key strengths, acting as a gateway and support mechanism for partners’ competitiveness Alliance continues to benchmark performance in products, technologies and markets against top industry standards Groupe Renault,… Continue reading @Nissan: Alliance new cooperation business model to support member-company competitiveness and profitability