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Nissan

Business 5 years ago

Norway first to over 50% electric in 2020 new car sales: Industry group

Electric vehicles accounted for 54.3 percent of the new car market in Norway last year, up from 42.4 percent a year earlier.

Business 5 years ago

Nissan explores possible sale of 34% stake in Mitsubishi Motors: Bloomberg

Both companies are cutting production levels and costs in a bid to return to profitability.

Business 5 years ago

Nissan formally closes Indonesian factory

Automaker Nissan Motor Indonesia (NMI) announced the official closure of its factory in Indonesia as its Japanese parent company disclosed a restructuring plan to improve its finances.

Business 5 years ago

Renault to cut 15,000 jobs in 2b euro cost cutting plan

Renault hopes to bring about the job cuts without redundancies through voluntary departures, internal mobility measures and retraining, sources said.

Business 5 years ago

Spain says Nissan has decided to close its Barcelona plant

Japan's Nissan Motor Co has decided to close its factory in Barcelona, resulting in the loss of about 3,000 jobs as part of a worldwide restructuring plan, the Spanish government said on Thursday.

Business 5 years ago

Nissan to set out survival plan after expected annual loss

The Japanese carmaker’s second recovery plan in less than a year will outline how it will slash fixed costs, streamline its products and shore up cash as it reels from a plunge in sales as the coronavirus pandemic hits demand for cars.

Business 5 years ago

Nissan to shut down global headquarters, other Japan facilities due to virus

The 16-day closure will run between April 25 and May 10, affecting a total of 15,000 employees, the company said in a statement.

News 6 years ago

Airlines cut China flights as companies restrict travel on virus fears

Airlines including United Airlines Holdings Inc said they were canceling some flights to China as demand fell sharply and global companies told their employees not to travel on deepening fears over the spread of a flu-like virus.

Business 6 years ago

Other automakers may be leaving; Mercedes-Benz is launching new SUVs in Indonesia

Mercedes-Benz Indonesia has launched new SUV models as other carmakers prepare to pull out, citing confidence in its potential for growth in the Indonesian market.