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Nissan says it plans job and production cuts in U.S.
Nissan cuts shifts, offers employee buyouts at 3 US plants in bid to shed jobs
Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 billion in costs globally.
Nissan says it plans job and production cuts in the U.S.
When it announced its recovery plan in November, Nissan didn’t give details on where the job cuts might come. The workforce reduction of 9,000 people amounts to about 6% of its more than 133,000 global employees. The company also plans to slash its global production capacity by 20%.
Nissan Plans Job, Output Cuts at US Vehicle Assembly Plants
Nissan Motor Co. is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to align its output with lower sales volumes as it mulls a possible sale to Honda Motor Co.
Renault seeks premium for Nissan stake
Why Nissan Is in Trouble, and How Honda Might Fix It
The industry that helped turn Japan into an economic juggernaut is undergoing its biggest change in years, with two of the country’s best-known carmakers looking to join forces.
Renault urges Nissan to secure higher premium from Honda
Renault has urged Nissan to negotiate a higher premium from Honda as the French group seeks to benefit from a merger of the two Japanese groups that would create the world’s third-largest carmaker by sales.
Renault seeks premium for Nissan stake amid potential Honda takeover
Renault SA (OTC:RNLSY), the French automaker, is demanding a premium for its 36% stake in Nissan (OTC:NSANY) Motor Co., in the event that Honda Motor Co (NYSE:HMC). takes over the Japanese rival, according to a Wednesday report by Bloomberg.
AutoGuide on MSN
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Renault Won't Give Honda A Discount To Acquire Nissan
Renault is looking to secure a premium payout for its 36% stake in Nissan if Honda moves forward with an acquisition of its ...
MotorTrend on MSN
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2025 Nissan Frontier Pro-4X First Test: You Can’t Always Get What You Want
Nissan’s improved Frontier midsize pickup truck is more useful than before, though it doesn’t give us all the fixes we hoped ...
1d
on MSN
Renault Seeking to Maximize Value of Nissan Shares in Honda Merger, Says Source
PARIS (Reuters) - Renault executives travelled to Japan this week to meet counterparts at Nissan in an effort to maximise the ...
7d
What's next for DEI? Nissan policy changes mark another 'anti-woke' win
Nissan recently rolled back some of its diversity, equity and inclusion policies amid financial struggles. Here's why.
1h
on MSN
Rivian CEO Sounds The Alarm On Trump's Tariffs
R.J. Scaringe said tariffs on Mexico and Canada could have a bigger impact than the end of the EV tax credit.
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Mitsubishi plans to launch its first EV in the US in 2026
Mitsubishi confirmed plans to finally launch its first EV in the US in 2026. The new electric car is expected to look similar to Nissan’s next-generation LEAF, which will debut later this year.
Hemmings on MSN
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Soft Top Or Hard: How Do You Prefer Your Rear-Drive Nissan 240SX and Sylvia convertibles?
Smart shoppers know winter is the best time to buy a convertible. Freezing temperatures may put off fickle fair-weather fans, ...
BackfireNews on MSN
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Barn Find Nissan 240SX Transforms Into A Beauty
Since the late 1990s, a Nissan 240SX barn find was kept in a literal barn without any care or attention paid to it. That’s ...
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