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

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 ...

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

Nissan Motor Company (Nissan) has announced a sweeping restructuring plan in response to significant financial challenges. On ...

In a recent interview with French business news channel BFM Business, former Nissan CEO and international fugitive Carlos ...

The automaker also said it would "consolidate its vehicle production plants from 17 to 10 by fiscal year 2027." ...

Nissan has announced job cuts, plant closures, and cost-saving measures as it faces challenges in the US market.

Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United ...

Nissan is experiencing a perfect storm of issues causing the automaker to struggle with sales and operating profit. So how ...

Japanese carmaker Nissan has said it will cut another 11,000 jobs globally and shut seven factories as it shakes up the ...

Nissan said on Tuesday it is making significant reductions to its workforce and scaling back factory production, citing ...

Nissan Motor unveiled sweeping new cost cuts, saying it would eliminate 11,000 more jobs and close 7 plants, capping a ...