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Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Like many global automakers,
Nissan
is struggling in China where BYD and other domestic rivals are winning market share with affordable
electric
vehicles
and gasoline-
electric
hybrids equipped with advanced software.
Nissan
is also challenged in the US ...
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
Nissan Cuts 9,000 Jobs Amid Declining Sales and Rising Costs
Nissan announced it will cut 9,000 jobs after experiencing a decline in sales during the most recent fiscal quarter.
What's Nissan's plan to stay in the game after 9,000 layoffs and CEO pay cut?
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and a renewed focus on EVs and hybrids.
Nissan to Cut 9,000 Jobs and Slash CEO’s Pay Amid Struggles
Nissan Motor Co. plans to lay off 9,000 workers and reduce its global manufacturing capacity by 20 percent, according to Reuters. The Japanese automaker’s restructuring strategy is aimed at trimming $2.
Auto News India
1h
Nissan enters into a new era of turmoil. Here's why
Nissan expects to produce about 32 lakh vehicles in the year ending in March, almost 7% fewer than the last fiscal year.
Hosted on MSN
3h
Mitsubishi buys back major stake from Nissan—what it means for their alliance
As
Nissan
navigates its current financial hardships, the automaker has said it plans to leverage partnerships with other ...
AOL
5d
Nissan to lay off thousands of workers as sales drop
China has become the world's biggest producer of
electric
vehicles
as many Western rivals have failed to keep up.
1h
Outstanding fuel savings with Nissan e-POWER
WITH the government’s plan to roll back RON95 petrol subsidies in the near future, Nissan’s impressive fuel-sipping e-POWER ...
Hosted on MSN
2d
Nissan's sporty electric secret
Back in 2018, Nissan cobbled together a Leaf silhouette racecar with twin electric motors producing 240kW and a weight of ...
CarBuzz on MSN
6d
Best Electric Cars Under 30k for 2024 | CarBuzz
What are the best electric vehicles under $30,000? Use our expert BuzzScore rating to find the best EVs under $30k on the ...
3d
on MSN
2024 Nissan Ariya EV long-distance test — how did it perform?
After my third time driving a Nissan Ariya, I decided to drive it long-distance to test its range — I was pleasantly ...
AutoExpress
1d
Nissan Ariya 63kWh Advance review
Fresh from its victory at the 2022 Auto Express New Car Awards last month, the Nissan Ariya has proved it has what it takes ...
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