The Re:Nissan strategy, announced earlier this year, seeks to significantly cut costs through fiscal year 2027, shuttering seven plants and cutting 22,000 jobs.

Plans for a southern electric-vehicle automotive hub have hit the brakes as consumer confidence wanes and federal incentives ...

Nissan CEO Makoto Uchida told the Financial Times Future of the Car summit in London that the so-called X-in-1 strategy will reduce the cost of EV powertrain parts and production by 30 percent ...

Nissan’s Oppama plant shutdown marks a step forward in its cost-cutting and recovery strategy that will also see 22,000 ...

Nissan Motor Corporation plans to cease vehicle production at its Oppama plant, south of Tokyo, by March 2028 as part of cost ...

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Nissan Motor Company plans to sell US$ 5 billion in debt to help fund its recovery strategy under its new CEO Ivan Espinosa, according to reports in Japan. The bond issue is part of a broader ...

In its most recent quarterly results, Nissan said it would cut 9,000 jobs and reduce global production capacity by a fifth. Honda CEO Mibe on Monday said some of the company’s shareholders may ...

This move is part of a broader strategy to steady the ship at Nissan, and follows the recent leadership change with new CEO Ivan Espinosa, who stepped into the role last April.