Japanese Automaker Nissan Has Just 12-14 Months To Survive: Reports

Nissan

Nissan Motor Co., one of Japan’s most iconic automakers, faces a critical period of financial uncertainty. Reports indicate that the company has only 12 to 14 months to stabilize its operations and secure its future. This precarious situation is exacerbated by Renault’s decision to reduce its stake in Nissan, fundamentally altering the dynamics of their … Read more

Nissan to Cut 9,000 Jobs Amid Weak Sales in China and U.S.

Nissan

Nissan Motor Co. has announced a major restructuring plan involving significant workforce reductions and production cuts, aimed at stabilizing the automaker’s operations in the wake of disappointing sales figures, particularly in China and the United States. This strategy includes laying off 9,000 employees globally, scaling back production capacity by 20%, and implementing cost-saving measures to … Read more