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Nissan CEO Ivan Espinosa on Wednesday said the short-term focus is to fix the struggling automaker. Espinosa, who only assumed leadership of the Japanese automaker in April, faces an uphill battle to ...
Nissan is reportedly exploring the sale of its global headquarters in Yokohama, Japan, as part of a comprehensive strategy to ...
Nissan is taking drastic action to stay afloat, announcing plans to cut 20,000 jobs globally as part of its sweeping ...
More than just the buyouts, Nissan’s tightening the belt in other ways. A suspension of pay raises for this business year is ...
When asked by MotorTrend at the FT summit in London, U.K., whether Nissan could survive its current financial crisis, a pragmatic Espinosa explained that the company’s current plan prioritizes ...
In November 2018, Ghosn was arrested in Tokyo under the allegation of financial crimes while trying ... With this context, it is clear that Nissan's crisis started in 2017. And it is not explained ...
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Nissan CEO Warns As Crisis Deepens With $4.5 Billion Loss | Japanese Automaker To Cut 20,000 JobsNissan CEO Warns As Crisis Deepens With $4.5 Billion Loss Japanese car giant Nissan Motor has just posted a net loss of 670 billion yen, that's roughly $4.5 billion, for the financial year ending ...
during a presentation highlighting financial results for the company’s 2024-2025 fiscal year (which ended on March 31), the 46-year-old Espinosa announced a new revival plan called Re:Nissan ...
Nissan said it would cut 20,000 jobs and close seven factories on Tuesday. The Japanese automaker is mired in a financial crisis and faces a major headache from Trump's tariffs. It said tariffs ...
Japan's Nissan posted an annual net loss of $4.5 billion on Tuesday while saying it plans to cut 15 percent of its global workforce and warning about the possible impact of US tariffs. The heavily ...
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