Tag - nissan-co

 
 

NISSAN CO

Japan Times
BUSINESS / Companies
May 1, 2020
Nissan shakes off virus woes with April rebound in China, sources say
The data reinforces growing optimism that the world's biggest car market is stabilizing fast as businesses return to normal in China.
Japan Times
BUSINESS / Companies
Apr 28, 2020
Nissan expects fiscal 2019 net loss due to coronavirus impact
Nissan will delay the release of its full-year earnings results to May 28 from the middle of May.
Japan Times
BUSINESS / Companies
Apr 28, 2020
Nissan to slash May car production by 78% vs. last year
The automaker forecasts a dramatic drop in sales as the coronavirus pandemic adds to existing issues of declining sales and weak margins.
Japan Times
ASIA PACIFIC / Crime & Legal
Apr 25, 2020
Fugitive Carlos Ghosn promises new revelations in upcoming book
The Nissan executive-turned-fugitive who escaped Japan to avoid trial for financial crimes, promised new revelations into collusion between the carmaker, prosecutors and the government.
Japan Times
BUSINESS / Companies
Apr 9, 2020
Japanese carmakers plan to put 20,000 on temporary leave with partial pay to deal with virus
Around 20,000 domestic workers at three of the nation's biggest carmakers will be put on temporary leave because of the output suspensions caused by the coronavirus pandemic, company sources say.
Japan Times
BUSINESS / Companies
Apr 7, 2020
Nissan eyes suspending 10,000 jobs abroad over coronavirus outbreak
Nissan Motor Co. is looking to cut over 10,000 jobs temporarily in the United States and Europe, as local production remains suspended amid the coronavirus outbreak, sources close to the matter said Tuesday.
Japan Times
BUSINESS / Companies
Apr 2, 2020
Nissan's plants in U.S. to be shut through late April to limit spread of COVID-19
Nissan Motor Co. said Thursday it would extend its factory suspensions in the United States through late April to help reduce the spread of COVID-19 and protect employees.
Japan Times
BUSINESS / Companies
Mar 18, 2020
Nissan to pull out of local production in Indonesia, source says
Nissan Motor Co. will pull out of local production in Indonesia due to falling vehicle sales in the country, a source close to the matter said Wednesday.
Japan Times
BUSINESS
Mar 17, 2020
Now made in Mexico: Japan auto suppliers shift China production after virus shock
In the Chinese coastal province of Jiangsu, where supply chains have been severed by the coronavirus outbreak, one auto supplier has already shifted production of parts for Mazda Motor Corp. to a site 13,000 kilometers away, in central Mexico's Guanajuato state.
Japan Times
BUSINESS / Companies
Mar 11, 2020
Jittery over COVID-19, Toyota and other Japan firms shun base pay hikes
Major companies were reluctant to offer base pay hikes during annual wage talks, with Toyota Motor forgoing its uniform monthly pay-scale increase for the first time since 2013.
Japan Times
JAPAN / Crime & Legal
Mar 6, 2020
Trial of Nissan ex-director Greg Kelly faces postponement to May
The first hearing in the financial misconduct trial of Nissan Motor Co. and former director Greg Kelly might be postponed to May or later, a source close to the matter said Friday.
Japan Times
BUSINESS / Companies
Mar 4, 2020
Nissan faces more pain before gain as business hit further by coronavirus, new CEO says
CEO Makoto Uchida promised to unveil a turnaround plan in May, on top of cutting more than 12,500 jobs amid decade-low profits and management turmoil caused by Carlos Ghosn's 2018 arrest.
Japan Times
BUSINESS / Companies
Feb 29, 2020
Nissan slapped with ¥2.4 billion fine over Ghosn compensation scandal
The fine is the second-highest imposed by the Financial Services Agency after the u00a57.37 billion fine on Toshiba Corp. in 2015.
Japan Times
BUSINESS
Feb 28, 2020
Japanese automakers' output in China tumbles in January
Automobile production by major Japanese makers in China plunged in January from a year earlier, data from the companies showed Thursday.
BUSINESS
Feb 25, 2020
Nissan warns about future of European plants as Brexit weighs
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group's car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
Japan Times
BUSINESS
Feb 21, 2020
Nissan and Honda delay restart of China plants due to COVID-19
In compliance with local directives, Japanese automakers on Friday delayed the restart of plants in China near outbreaks of the new coronavirus COVID-19, raising the risk of further supply disruptions that could affect global car production.
Japan Times
BUSINESS / Companies
Feb 19, 2020
Moody's downgrades Renault to 'junk' status, capping disastrous year without Ghosn
Renault SA had its credit rating cut to junk by Moody's Investors Service after the French carmaker posted its first annual loss in a decade and indicated operating margins are set to shrink.
Japan Times
BUSINESS / Companies
Feb 18, 2020
Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround
Nissan Motor Co.'s new chief executive said Tuesday he will accept being fired if he fails to turn around Japan's second-biggest automaker, which is grappling with plunging sales in the aftermath of the scandal surrounding former Chairman Carlos Ghosn.
Japan Times
BUSINESS
Feb 14, 2020
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and economic uncertainties.
BUSINESS
Feb 13, 2020
Japanese firms struggle to restart China factories amid COVID-19 outbreak
Japanese manufacturers in China are facing challenges getting restarted after the extended Lunar New Year holiday because of restrictions on the movement of people and goods caused by COVID-19.

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