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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 ...
Japan's Nissan announced a new round of cost cuts this month that include closing seven production sites globally.
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Kyodo News on MSNFormer top execs of struggling Nissan got $4.5 mil severance payFour former Nissan Motor Co. top executives including ex-President and CEO Makoto Uchida received a combined total of 646 ...
Since the dramatic downfall of its “Cost Killer” Chairman Carlos Ghosn in 2018, Japan’s Nissan Motor Co. has labored under an ...
El Mundo on MSN15d
Nissan open to sharing Its factories with Chinese DongfengNissan announced the closure of seven out of its 17 plants worldwide. The company has been in partnership with Dongfeng in China since 2003, failed to reach an agreement with Honda for a merger, and ...
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Japan's Nissan has started offering buyouts to U.S. workers and has suspended merit-based wage increases worldwide, internal ...
Six months after revealing layoffs affecting 9,000 workers, Nissan is more than doubling that amount and cutting 20,000 jobs within the next two years instead.In an announcement on Tuesday, Nissan ...
After Nissan and Honda's planned merger fell on its face a few months back, it seemed like all hope was lost for the Japanese ...
Nissan is seeking a UK government-backed loan to support its Sunderland plant as part of plans to raise close to ¥1tn ($7bn) ...
Japanese automaker Nissan expanded its planned job cuts after seeing a "challenging" FY 2024. The company is also working to mitigate the impact of President Donald Trump's tariffs.
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Nissan to cut 20,000 jobs as Trump's tariffs complicate plans to escape its financial crisisdespite pioneering the mass-market EV with the Nissan Leaf in 2010. CEO Makoto Uchida was replaced by Nissan veteran Ivan Espinosa in March after the collapse of a $50 billion merger with rival Honda.
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