Tag - nissan

 
 

NISSAN

Japan Times
BUSINESS / Companies
Jun 15, 2020
Nissan email trail casts new light on takedown of Carlos Ghosn
The documents show that a powerful group of insiders viewed his detention and prosecution as an opportunity to revamp Nissan's relationship with Renault.
Japan Times
BUSINESS / Companies
Jun 12, 2020
Nissan to ax nearly 250 jobs at U.K. plant after virus hits demand
Output at the Sunderland plant in northern England was halted in mid-March, with one production line resuming operations at the start of this week.
Japan Times
JAPAN / Crime & Legal
Jun 9, 2020
Men accused of helping Ghosn flee Japan challenges U.S. extradition case
Lawyers for the pair say the crime stated in the Japanese warrants for their arrest is a non-extraditable misdemeanor.
Japan Times
BUSINESS / Companies
Jun 2, 2020
Nissan sees cost of closing Barcelona plants at up to $1.7 billion, source says
The decision to leave was announced by the Japanese carmaker last week as part of a turnaround plan.
Japan Times
BUSINESS / Companies
Jun 1, 2020
'We thought too big,' Renault says as it axes 15,000 jobs
Faced with a slump in demand, the French carmaker detailed plans on Friday to find u20ac2 billion in savings over the next three years.
Japan Times
BUSINESS
May 29, 2020
Spain says it will do all it can to reverse Nissan closure amid protests
Spain said on Thursday it would do everything possible to stop Nissan from closing its main car factory in the country as angry workers burned tires and shouted "War" outside the Barcelona plant.
Japan Times
BUSINESS / Companies
May 29, 2020
Renault poised to announce 15,000 layoffs worldwide
The overall cuts would affect just under 10 percent of Renault's 180,000 global workforce.
Japan Times
BUSINESS / Companies
May 28, 2020
Nissan reports huge ¥671 billion loss and plan to close Barcelona plant
Nissan Motor Co. reported a ¥671 billion ($6.2 billion) net loss for the latest fiscal year and unveiled a plan to turn the carmaker around by eliminating about ¥300 billion in annual fixed costs, cutting capacity and reducing the number of vehicle models.
Japan Times
BUSINESS / Companies
May 27, 2020
Nissan and Renault unveil steps to cut costs and revamp alliance
Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for more joint purchasing to reduce costs, with each company focusing on its strengths.
Japan Times
BUSINESS / Companies / FOCUS
May 25, 2020
Nissan-Renault-Mitsubishi ties more crucial than ever as pandemic rocks carmakers
Revising their strategies this week, the firms will at least have the opportunity to show progress in moving beyond last year's management paralysis.
Japan Times
JAPAN / Crime & Legal
May 21, 2020
Two men who allegedly helped Carlos Ghosn flee Japan arrested in U.S.
A former U.S. Green Beret and his son, who are wanted by Japanese authorities, were arrested by U.S. marshals in Massachusetts on Wednesday.
Japan Times
BUSINESS
May 5, 2020
Nissan to retrench further in new plan to focus on U.S., Japan and China
The carmaker will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction.
Japan Times
BUSINESS / Companies
May 5, 2020
SUVs parked out at sea reveal scope of U.S. auto market glut
Even as ports struggle to cope with excess auto inventory, they're preparing for an even worse outcome — deliveries stopping altogether as the recession digs deeper.
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 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.
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
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 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
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.

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