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NISSAN EUROPE RESTRUCTURING
Nissan to cut 10% Europe jobs, 900 roles at risk as global restructuring and Sunderland factory changes beginNissan is planning big job cuts in Europe as part of a global plan. The company wants to save money and improve its business. Changes are a...- Nissan to shut design studios in US and Brazil and downsize London, Japan operationsNissan Motor is set to close its design centers in California and Sao Paulo, while also reducing operations in London and Japan, as part of...
- The world’s first mass market electric car is getting a faceliftNissan is revamping its Leaf model, the pioneering EV, with a new design and powertrain, aiming to regain its market edge amidst financial ...
- Why Honda and Nissan's $60 billion merger talks failed? What next?Honda and Nissan on Thursday announced the scrapping of merger talks that would have created the world's third-biggest auto company by unit...
- Nissan-Renault firms up plans to launch half a dozen SUVs in IndiaFirst off the block, will be SUV X-Trail, which will be imported as a completely built units (CBU). Two more mid-size SUVs - a five-seater ...
- U.S. electric vehicle maker Fisker files for bankruptcyThe bankruptcy filing by U.S. electric vehicle maker Fisker comes after failed deal talks with a major automaker, resulting in the company ...
- Renault to continue selling small cars in India "as long as regulations permit"Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, “It is true (right now) the segment is shrinking. But...
- Nissan Motor looking at leveraging India as a global base for manufacturing fossil fuel vehiclesWith 44% of the company’s line-up scheduled to get electrified globally by the end of the decade, India will have the opportunity to cater ...
- Nissan, Renault to invest $600 million to make new models in IndiaThe six models, with each automaker making three, will be built on joint platforms and will also be exported, they said. The new models wil...
- Renault-Nissan plan India reboot in test of reshaped allianceThe automakers reached a deal in principle on Monday to restructure their two-decade partnership by putting both companies on an equal foot...
- For automakers, the EV surge is everything everywhere all at onceTesla already earns roughly seven times as much per vehicle as Toyota. Its 17% pretax margins are roughly double the average for the rest o...
- European shares fall as telecom, utilities drag amid recession worriesThe index dropped for a fourth straight session on Wednesday on rising concerns over a slowdown in economic growth ahead of a slew of inter...
- Fiat Chrysler, PSA Peugeot shareholders to vote on mergerShareholders vote Monday on a deal to create the world's fourth-largest carmaker, to be called Stellantis, with the capacity to produce 8.7...
- Mitsubishi stares at biggest operating loss in 18 years, to discontinue Pajero from next yearThe coronavirus crisis has exacerbated struggles at the company that had already been battling falling sales in China and southeast Asia, i...
- Renault and Nissan rule out merger as they unveil survival planThe new plan, which entails cutting the alliance's vehicle ranges by a fifth, pooling manufacturing by region and capitalising on joint des...
- New Nissan boss vows to rebuild trust after Carlos GhosnIn his first comments since taking the reins at the auto giant, Makoto Uchida acknowledged the firm had made mistakes in its internal corpo...
- Nissan's Infiniti to exit western Europe early next yearInfiniti said it will discontinue the Q30 sedan and the QX30 sport-utility vehicle (SUV) and cease their production by the middle of 2019 .
- Daimler to cut 3,500 jobs in US, CanadaGerman heavy truck maker Daimler said it will eliminate 3,500 North American jobs owing to the worsening economic slowdown. Jet lays off 60...
- Japanese cos rev up Brit car industryHigh Japanese investments have made British workforce competitive and factories capable of turning out a quality product at a reasonable pr...
- Nissan net up 31% on strong $, stake saleNissan Motor, Japan’s second-largest automaker, reported an unexpected jump in second-quarter profit helped by the sale of a stake in truck...
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