Since the dramatic downfall of its “Cost Killer” Chairman Carlos Ghosn in 2018, Japan’s Nissan Motor Co. has labored under an ...

The upcoming cuts, part of what the automaker openly called a "recovery plan" dubbed Re:Nissan, would bring its number of ...

Nissan Motor Co. vowed to close seven factories and slash 20,000 jobs after posting its biggest annual loss since French ...

The carmaker’s biggest loss in a quarter of a century has prompted drastic action, including the closure of seven plants.

ONE of the world’s biggest car brands is reportedly planning a huge wave of cuts worth a staggering £1.3 billion. The shocking moves comes as the company battles with its worst annual loss ...

YOKOHAMA - Nissan Motor vowed to close seven factories and slash 20,000 jobs after posting its biggest annual loss since French carmaker Renault rescued it from near bankruptcy a quarter-century ago.

The embattled Japanese company said it now expects to post a net loss of 700 billion to 750 billion yen ($4.91 billion to $5.26 billion) for fiscal 2024, its biggest loss ever. It had previously ...

Nissan is considering plans to shut two car assembly plants in Japan and overseas factories, including in Mexico, sources said over the weekend, as part of a cost-cutting plan the company flagged ...

Nissan also confirmed it will cut 20 000 jobs, including the loss of 9 000 roles it announced in November. The measures are ...