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Nissan sold fewer than 700,000 vehicles in China in 2024, less than half of what it sold just four years earlier. Japan’s ...
TOKYO (AP) — Nissan expects to rack up a loss totaling 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for ...
Nissan saw its shares rise almost 2% on Friday after it flagged a record loss due to a massive reduction in the value of its ...
Espinosa, who replaced Makoto Uchida as head of Nissan on April 1, has vowed to make the company nimbler. Nissan expects to rack up a loss totalling 700 billion yen (USD 4.9 billion) to 750 ...
Nissan will publish its full fiscal year financial results in a couple of weeks, and they won't be happy reading.
The Japanese automaker is absorbing losses resulting from its bold turnaround plan.
Earlier this month the company even called time on its former CEO Makoto Uchida. Yasushi Kimura, chair of Nissan's board of directors, said: "Given the industry wide challenges and Nissan's ...
Nissan projects a $5B loss for the fiscal year, driven by sales declines, restructuring, and impairments, while focusing on ...
That led to the ouster of chief executive officer Makoto Uchida, who’s said it will be “difficult to survive” without a partnership of some sort. While Nissan slightly raised its sales ...
Most major automotive markets are moving towards electrification, but legacy automakers have been dragging their feet - until ...
Nissan has already cut 9,000 jobs across its global operation, while its CEO Makoto Uchida took a 50% pay cut in an economy drive. The business is working through an emergency recovery plan ...
Espinosa, who replaced Makoto Uchida as head of Nissan on April 1, has vowed to make the company nimbler. Earlier this year, Nissan ended the talks it was holding with Japanese rival Honda Motor ...