News

Nissan posted an annual net loss of $6.4 billion CAD on Tuesday while saying it plans to cut 15 percent of its global ...
On Tuesday, the Japanese automotive corporation Nissan announced that it plans to cut 20,000 jobs worldwide. This decision is ...
The world's largest contract electronics maker, Foxconn (601138.SS, 2354.TW) said on Wednesday that despite its quarterly ...
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...
President Donald Trumps’s Middle East visit has opened the door for Saudi Arabia and the UAE to push ahead with their AI ...
Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United ...
Nissan Motor Company reported a net loss of JPY 671 billion (US$4.55 billion) in the 2024 fiscal year (FY2024).
Nissan is experiencing a perfect storm of issues causing the automaker to struggle with sales and operating profit. So how ...
Nissan Motor unveiled sweeping new cost cuts, saying it would eliminate 11,000 more jobs and close 7 plants, capping a ...
The automaker also said it would "consolidate its vehicle production plants from 17 to 10 by fiscal year 2027." ...
All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...
Nissan said on Tuesday it is making significant reductions to its workforce and scaling back factory production, citing ...