Nissan is reducing its production capacity and workforce in Tennessee and Mississippi plants. Here's what to know.
According to a USA Today story, underperforming sales in China and the U.S. plus falling profits in the first half of fiscal ...
The Japanese automakers Nissan and Honda have called off a $50 billion merger that would have formed one of the world's ...
The company is not planning for involuntary layoffs and is part of its initiative to cut down global costs by $2.6bn.
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Nissan To Offer Buyouts and Cut Production
The potential merger with Honda likely can’t come soon enough for Nissan. It’s looking to cut its workforce and plans to ...
Nissan will operate a single shift on one production line at each of its two U.S. facilities, located in Smyrna and Canton, Mississippi, according to Bloomberg. It expects to go back to a two-shift ...
After stepping back from a potential deal last year, iPhone maker Foxconn has reignited talks with the failing automaker.
KKR is considering investing in Nissan, people familiar with the matter said, after the struggling Japanese automaker’s talks ...
Nissan Motor is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese ...
During an investors meeting last November, CEO Makoto Uchida said the company was offering voluntary separation packages in the U.S., and Nissan officials announced Wednesday that those buyouts ...