Nissan on Tuesday announced it will close seven of its global vehicle plants and slash its workforce by 20,000 by 2027 as part of a major cost-saving drive to save the company.

Nissan's latest turnaround plan involves closing seven factories and cutting 20,000 jobs. Following a staggering annual net ...

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

Nissan president and chief executive Ivan Espinosa. Nissan has announced it will cut 20,000 jobs and shut down seven plants ...

The US welcome mat is rolling up — at least that’s how some international travelers see it, according to the World Travel & ...

Nissan Motor plans to cut around 20,000 jobs worldwide—more than twice the 9,000 announced in late 2024—as part of a sweeping ...

Global sales of electric and plug-in hybrid vehicles rose 29% year-on-year in April, with stable growth in China and Europe ...

Nissan's only European factory is not part of CEO Ivan Espinosa's plan to close seven plants globally. New electrified models will be added at the plant in Sunderland, England, he said.

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

Nissan revealed earlier on Tuesday that it will shut seven factories and cut around 20,000 jobs globally by 2027 .

Nissan is slashing about 15% of its global workforce, or about 20,000 employees, as the Japanese automaker reported a loss ...

Nissan reveals plans to eliminate 11,000 positions and close 7 factories worldwide as the struggling automaker confronts ...