Nissan archivos - SaintGeorge

Nissan to cut 20,000 jobs and shut down plants after posting historic losses

Following a net annual loss of $4.5 billion, Nissan has announced its most significant restructuring in decades. The company will shut down seven factories, reduce production capacity, and lay off 20,000 employees worldwide as it scrambles to recover from its worst crisis since the late 1990s. Japanese automaker Nissan Motor Co. reported a net loss […]

Honda and Nissan explore potential merger to challenge Tesla and Chinese EV giants

Automakers like Honda and Nissan are struggling to compete with Chinese brands and Tesla vehicles. The potential merger arises as the auto industry faces intense competition during the shift to EVs, driven by China, which made up 70% of global EV sales. Automakers like Honda and Nissan are struggling to compete with Chinese brands like […]