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NISSAN FINANCIAL RESULTS
ET Prime Special Series: Multibagger or Bankrupt - Part 65: This auto ancillary is making new moves. Separate signal from noiseThis supplier is one of those businesses that grows quietly until it suddenly makes several big decisions at once. In a short span it has s...- Nissan to trim global car lineup, boost use of AI driving techNissan is set to simplify its car models globally. The company aims to use artificial intelligence in most of its vehicles. Sales targets a...
- Money-losing Japanese automaker Nissan selling its headquarters building to gain cashNissan has sold its Yokohama headquarters for ¥97 billion ($630 million) to MJI Godo Kaisha, leasing it back to fund AI-driven upgrades and...
- Nissan to end production at Japan’s Oppama factory by March 2028Nissan Motor Co. plans to cease vehicle production at its Oppama plant in Japan by March 2028, shifting operations to Nissan Motor Kyushu a...
- Nissan to cut over 10,000 more jobs globally, NHK reportsNissan Motor is reportedly planning to cut over 10,000 additional jobs worldwide, escalating total layoffs to approximately 20,000, which a...
- Nissan seeking new partners with Honda deal set to collapseNissan Motor Co. is likely ending negotiations to form a joint holding company with Honda Motor Co. and is seeking a new technology sector ...
- Japanese automaker Nissan says it plans job and production cuts in the USNissan is reducing production at its U.S. plants and offering buyouts to workers as part of its plan to cut 9,000 jobs globally. This move ...
- What a merger between Nissan and Honda could mean for the automakers and the industryNissan and Honda, along with Mitsubishi, are in talks for closer collaboration, possibly a merger, to navigate the changing auto industry. ...
- Top executive Ashwani Gupta quits Nissan in new leadership turmoilGupta was part of an executive troika announced in October 2019, as the company struggled to regain its footing following the arrest of for...
- Nissan mulling third auto plant in the US to meet EV demandNissan Motor Co. now has two auto plants in the U.S. One in Canton, Mississippi makes the Titan pickup truck and Altima sedan, among other ...
- Nissan forecasts flat profit on rising costs, parts shortagesNissan joins a growing list of global companies warning about worsening profitability as they cannot fully pass on soaring input costs to c...
- Nissan triples profit forecast on strong quarterly results"Our strong results are the outcome of diligent financial management, improved quality of sales and continuing product offensive. This has ...
- Mitsubishi Motors says former chairman Osamu Masuko dead at 71Masuko, a veteran of the Mitsubishi conglomerate, had just weeks ago resigned as chairman citing health reasons. He became the automaker's ...
- France's Renault posts massive loss as global auto sales collapse due to pandemicRenault's loss compared with a profit of about 1 billion euros a year earlier. Its 35% drop in sales during the period was worse than the g...
- Nissan considering 20,000 job cuts, mainly in Europe, developing nationsThe possible cuts come as Nissan prepares to announce its updated mid-term strategy next week. Profits at the automaker have been flounderi...
- 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...
- Eight months after Ghosn’s exit, Nissan remains stuck in a rutIn the 250 days since the arrest of former Chairman Carlos Ghosn for alleged financial crimes, focus has shifted to the deteriorating busin...
- Arrested, again: Why Carlos Ghosn has been detained, what is different now?Prosecutors arrested the once-feted executive on fresh charges of financial misconduct on Thursday.
- Nissan books $84 million Ghosn-related charges, cuts outlookNissan said on Tuesday that it had recognised around 9 billion yen ($84 million) in additional expenses linked to payments to Ghosn.
- Nissan plans to file for damages against Ghosn in future: SourceGhosn has already been charged with three counts of financial misconduct and has been held at a detention centre in Tokyo for nearly two mo...
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