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Nissan has set up a dedicated project team to execute its recovery plan, with members hunkered down looking for areas to cut, Ma told analysts and investors at a closed-door briefing last month ...
Nissan reported a $60 million loss for its latest quarter. CEO Makoto Uchida will take a 50% pay cut, reduce headcount by 9000 and sell a third of its Mitsubishi stake. Struggling Nissan to Cut ...
Nissan is cutting 9,000 jobs globally to reduce costs, the company said Thursday. Sales fell to 1.6 million units due to higher costs, especially in the US. Nissan will cut production capacity by ...
In November 2024, Nissan created an emergency turnaround plan which saw it cut its annual operating profit forecast by 70% to 150 billion yen ($975 million), marking its second downward revision after a 17% cut earlier this year. [81] Nissan also planned to cut 9,000 jobs and cut global production capacity by 20%. [81]
Nissan plans to make 190,000 vehicles by the end of its fiscal year 2019, ending next March 2020. Roughly 120,000-130,000 units are pickup trucks , the remainder passenger cars. [ 38 ] Nissan produces hybrid electric vehicles (HEVs) based on its e-Power technology and batteries for electric vehicles at a plant in Bang Sao Thong district .
Nissan Motor (Thailand) exported the Kicks e-Power to Japan. Nissan was the first Japanese producer to build a plant in Thailand, in a 1962 joint venture with Siam Motors, founded by Dr. Thaworn Phornprapha. [42] "Siam Motors & Nissan Co., Ltd." received a sister company called "Siam Nissan Automobile Co., Ltd." in 1977, which only built pickup ...
Nissan Motor Corp. announced a global workforce reduction of 9,000 people, or about 6% of its more than 133,000 employees, as well as a plan to slash global production capacity by 20%.
Japan's Nissan Motors cuts 20,000 jobs because of the global economic downturn. France's government announces a €6.5-billion bailout for the automotive industry. (International Herald Tribune) Cécile Manorohanta resigns as Madagascar's Minister for Defense. (AFP via Google News)