Nissan’s recovery plan also aims to cut operating costs by $3.4 billion by aligning production with global demand and ...

Meanwhile, in China, Nissan plans to push forward with NEVs (new energy vehicles). Over in Europe, the brand will target B ...

Nissan said it will cut 20,000 jobs and shut down several of its production plants as part of a major cost-saving ...

The cuts will bring the total headcount loss to about 20,000 as the battered Japanese carmaker fights to keep afloat. The ...

Under the recently announced turnaround plan, Nissan aims to increase annual global sales volume by 1 million units by the end of fiscal year 2026 and accelerate the company’s transition to electric ...

Nissan on Tuesday announced it will close seven of its global vehicle plants and slash its workforce by 20,000 by 2027 as part of a major cost-saving drive to save the company.

All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...

Nissan Motor Company reported a net loss of JPY 671 billion (US$4.55 billion) in the 2024 fiscal year (FY2024).

Nissan's FY24 performance was a strict "wake-up call," as eloquently put by CEO Ivan Espinosa. The automaker announced a ...

The Government has asked Nissan for more details about its plans following its cost-reduction plan announcement ...

Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its ...

Nissan, a recovery plan that implements decisive and bold actions to enhance performance and create a leaner, more resilient ...