Tag: nissan
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Nissan CEO’s US mission: shed rental-car image
July 1 : Nissan CEO Ivan Espinosa was pleased when the automaker reported Wednesday that its second-quarter U.S. vehicle sales ticked higher. But he knows there’s still a long way to go. Espinosa, who took the top job at the Japanese automaker in April 2025, has made the U.S. a core piece of his revival…
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Stellantis, Nissan eye Marelli assets in rescue talks, Bloomberg reports
June 25 : Automakers Stellantis and Nissan Motor are in talks to take over some assets of Japanese auto parts supplier Marelli Holdings, Bloomberg News reported on Thursday, citing sources.Stellantis is in discussions to acquire Marelli’s suspensions business in Italy and some other countries, while Nissan is
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Ghosn says calls for his Nissan return show investor anger over results
BEIRUT, June 25 : Former Nissan Chairman Carlos Ghosn said calls by some shareholders for his return reflected deep anger over years of failed turnaround plans, accusing the automaker’s leadership of squandering value and losing direction since his 2018 ouster.In an interview with Reuters, Ghosn said investor
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Nissan to offer early retirement to some Japan admin staff, Nikkei says
(Corrects paragraph 2 to say not known, instead of now known)TOKYO, June 24 : Nissan Motor has decided to offer early retirement packages to some administrative staff in Japan, mainly at five locations including Oppama and Tochigi plants, as part of its global workforce reduction plan, Nikkei reported on Wed
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Exclusive-Nissan shelves development of electric Qashqai in cost-cutting drive
TOKYO, June 23 : Nissan has stopped work on an electric version of its top-selling model in Europe, six sources with knowledge of the matter said, as the Japanese automaker trims its lineup and cuts costs.The move to quietly halt development of a fully electric Qashqai comes as traditional rivals and new Chin
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Nissan shareholders reject appointment of external director Nagai to board
June 23 : Nissan Motor shareholders did not approve the appointment of long-serving outside director Motoo Nagai to the Japanese automaker’s board on Tuesday.
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Exclusive-UK in advanced talks with Nissan over Sunderland plant support, sources say
TOKYO/LONDON, June 18 : The British government is in advanced talks with Japanese carmaker Nissan about providing it financial support in return for a long-term commitment and investment in its Sunderland plant, five sources with knowledge of the discussions said. Any funding for the struggling automaker wil
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Nissan inks deal to make Chery’s UK vehicles at Sunderland facility
June 3 : Japan’s Nissan has signed a deal with Chinese automobile manufacturer Chery to manufacture the latter’s UK passenger vehicles at its Sunderland facility in Britain, the companies said on Wednesday.Nissan would continue to fully own the Sunderland facility, the statement said. The Japanese auto
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