On Tuesday, the Japanese automotive corporation Nissan announced that it plans to cut 20,000 jobs worldwide. This decision is ...

Tariffs are hitting automakers hard, with Honda (HMC) being the latest automaker to warn of a major drop in profit for the ...

The world's largest contract electronics maker, Foxconn (601138.SS, 2354.TW) said on Wednesday that despite its quarterly ...

The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...

President Donald Trumps’s Middle East visit has opened the door for Saudi Arabia and the UAE to push ahead with their AI ...

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 ...

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

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

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

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

All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...