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
Tag: Nissan
Friday Morning Auto News, Nov 08, 2024: Nissan cuts 9,000 jobs and CEO’s pay. Return of the Mini-Truck. Bentley delays switch to EVs. More.
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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 Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales. Go to Source
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