Nissan cut plants and workers
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Japanese automaker joins other automakers in pointing to new U.S. tariffs as weighing on their financial results.
Nissan is experiencing a perfect storm of issues causing the automaker to struggle with sales and operating profit. So how (if at all) does this affect Tennesseans? What we know.
Ivan Espinosa is mapping a daring route. Nissan Motor’s new CEO, who replaced Makoto Uchida last month, is doubling his predecessor’s planned job cuts and plant closures. Hitting his sales target will be tough in the face of tariffs,
Nissan’s recovery plan also aims to cut operating costs by $3.4 billion by aligning production with global demand and strengthening strategic alliances, such as its partnerships with Renault in Europe and Dongfeng in China.
Besides the lights, the car has been given an eye-catching exterior that combines satin liquid silver with blue accents. They’re joined by gloss black flourishes and refurbished 18-inch RAYS wheels. Rounding out the highlights are new graphics inspired by the ‘=III 23’ iconography found on the upcoming Micra and Leaf.
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In a recent interview with French business news channel BFM Business, former Nissan CEO and international fugitive Carlos Ghosn described his former employer as a company in “dire straits.” He further stated that he “predicted Nissan ’s decline” and the “demise” of the alliance between it and French automaker Renault.
After announcing massive layoffs and factory closures, Nissan said its Tennessee and Mississippi factories remain important to the company.
Nissan Motor Co. vowed to close seven factories and slash 20,000 jobs after posting its biggest annual loss since French carmaker Renault SA rescued it from near bankruptcy a quarter century ago.
1don MSN
The beleaguered Japanese giant said on Tuesday it would cut 20,000 jobs and close seven factories by 2027 as it slips deeper into crisis.
Like it or not, recent Car & Driver reports claim that the “Next-Gen Nissan GT-R Will Arrive in 3 to 5 Years with Hybrid Power.” While this news may be controversial to some, it’s still comforting to know that despite the GT-R’s impending ...