Tokyo, Japanese automaker Nissan sank into a 115.8 billion yen loss for April-June, but promised Wednesday to return to ...

Nissan, based in the port city of Yokohama, has been struggling but is promising a turnaround under Espinosa, a Mexican with two decades of experience at Nissan.

Chief Executive Ivan Espinosa on Wednesday estimated that U.S. tariffs would cost the company up to 300 billion yen, equivalent to $2.02 billion, for the current fiscal year, down from as much as Y450 ...

The Japanese carmaker is undertaking restructuring steps to turn around its business and reverse falling sales.

Japanese automaker Nissan reported a 115.8 billion yen loss for April-June but aims to regain profitability by year-end. The ...

The Japanese carmaker said Tuesday that it would cease production at its Oppama plant in Yokosuka, Japan, at the end of March 2028 and transfer production to facilities run by the company's unit in ...

Espinosa confirmed during the event that former Nissan chief executive Makoto Uchida, as well as chairman of the board of Renault, Jean-Dominique Senard, have both been replaced on Nissan’s ...

Other major topics were the restructuring measures and a total of 600 million yen in retirement allowances paid to former President and CEO Makoto Uchida and three other former executives. Meanwhile, ...

Honda wanted to make Nissan a subsidiary, a move Nissan’s leadership, under CEO Makoto Uchida, rejected, citing a desire to remain equals. “Nissan reportedly had too much pride,” one report noted, ...

Mexican-born Espinosa took over as Nissan CEO in April, replacing Makoto Uchida, having been part of the company for more than two decades.