The problem is there is no likely outcome that would leave both companies and their employees better off than they are today.

Nissan, which has three plants in the U.S., announced 9,000 global layoffs last month and a 20% production cut.

CMC Motors Group has announced its decision to cease all its operations in Kenya and two other countries which will result in ...

This comes after mounting layoffs and losses have resulted in Nissan scaling back production of nameplates like the Rogue and the Frontier. The official reasoning is a sales slump that Nissan can ...

Good morning! It’s Thursday, January 9, 2025, and this is The Morning Shift, your daily roundup of the top automotive ...

This week, executives from Japan's largest automakers, Honda , Nissan, and Mitsubishi held a press conference in Tokyo to ...

Additionally, Nissan has announced plans to reduce its global manufacturing capacity by 20% and lay off 9,000 employees. Nissan, in its vulnerable state, never fully recovered from the turmoil ...

Notably, Nissan denied any acquisition-related contact ... against selling Sharp's operations or implementing large-scale layoffs. The acquisition was completed in 2016. Initially, Sharp achieved ...

The deal would also help to rescue the struggling Nissan, which saw its net earnings in mid-2024 fall by more than 90 percent year over year, and announced plans in November to lay off thousands ...

Nissan has struggled financially and last month announced plans to lay off 9,000 workers and slash global production capacity by 20 percent. Uchida, who announced a 50 percent pay cut, said at the ...

Nissan, in particular, is struggling. The automaker announced plans in October to lay off approximately 9,000 employees, representing 6.7% of its global workforce, and to cut production capacity ...

The layoffs will enhance the company's "ability to execute the long-term growth strategy, while taking into consideration ...