Nissan Motor Co Ltd

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Nissan Motor Co., Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales Financing 6segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales Financing segment handles sales finance and leasing business to support the sales activity of automobile business. The company was founded on December 26, 1933 and is headquartered in Yokohama, Japan.

Japan's Nissan Motor Co  has decided to close its factory in Barcelona, resulting in the loss of about 3,000 jobs as part of a new worldwide restructuring plan, the Spanish government said on Thursday.

Spain says Nissan has decided to close its Barcelona plant

Nissan Motor Co  will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annual operating loss in 11 years.

Nissan to set out survival plan after expected annual loss

Japan's Nissan Motor Co  will close its factory in Barcelona, resulting in the loss of about 2,800 jobs, Spanish newspaper El Pais reported, citing government and union sources.

Nissan Motor to close Barcelona plant: El Pais

Japanese automaker Nissan Motor Co  said Wednesday it plans to begin restarting its shuttered U.S. manufacturing operations beginning June 1.

Nissan to begin restart of U.S. auto plants on June 1

The Renault Nissan Mitsubishi alliance has been treading water for a couple of years as the partners struggled to solve basic problems of ownership and direction. But plans to save the alliance weren't thought to go far enough.

Renault-Nissan Alliance, Faced With Existential Problems, Tries To Tweak Current Deal

Renault SA , Nissan Motor Co  and Mitsubishi Motors have no plans to merge and will instead focus on a new production sharing plan to cut costs and improve efficiency, Chairman Jean-Dominique Senard said on Wednesday.

Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

Renault  Chairman Jean-Dominique Senard said on Wednesday that there was no need for a merger with its partners Nissan  and Mitsubishi.

Renault's Senard says it does not need to merge with Nissan

Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking group.

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

When Renault SA , Nissan Motor Co  and Mitsubishi Motors Corp  announced the last strategy plan for their Alliance in September 2017, the goal was to become the world's biggest automaker by 2022.

Renault and Nissan rebuild their alliance to ride out the coronavirus storm

News is expected this week which will either cement the Renault-Nissan alliance for the foreseeable future, or send its French and Japanese components scurrying back to the drawing board to find a new way to safeguard their futures in a troubled, post-coronavirus world.

Renault, Nissan Will Slash Output, But Will The Alliance Flourish Or Whither?

Renault  and Nissan  have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.

Nissan and Renault shelve merger plans to repair their alliance: sources

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Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation's automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases.

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

The coronavirus pandemic may be forcing Renault and Nissan to rethink their strained relationship.

Renault and Nissan are desperate for help. The alliance Carlos Ghosn built could be their only hope

The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with activities that are directly related to vehicle and autoparts manufacturing.

Nissan says preparing to gradually restart Mexico operations

Nissan Motor  has not confirmed whether it plans to close its plant in Barcelona, a senior Spanish industry ministry official said on Monday.

Nissan has not confirmed if plans to close Spanish plant: industry secretary

Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe.

France warns Renault could disappear; Nissan plans job cuts

Nissan Motor Co  is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese automaker struggles to recover from plunging car sales.

Nissan considering 20,000 job cuts, mainly in Europe, developing nations: Kyodo

Nissan Motor Co said on Thursday it still reserves the right to take further legal measures in the case of its ousted former Chairman Carlos Ghosn, after the United States arrested two men on charges they enabled his escape from Japan.

Nissan says it has noted U.S. arrests in Ghosn case, reserves right for legal measures

Nissan Motor Co  is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters.

Exclusive: Nissan's survival plan for Europe: SUVs and sharing with Renault

Nissan Motor Co  expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker strategises to recover profitability, two people with knowledge of the issue said.

Exclusive: Nissan sees bigger role for U.S., China markets in global car sales - sources

Nissan Motor  may be looking at the possibility of closing its Barcelona factory but no final decision has been made as the Japanese carmaker plans a new global strategic direction, two sources with direct knowledge told Reuters.

Nissan could look at shutting Barcelona plant, no decision made: sources

Nissan Motor Co  plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales that could complicate its recovery from years of poor profitability.

Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg

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Amid economic weakness, declining consumer sentiment and global COVID-19 mayhem, a sustainable rebound in China is unlikely anytime soon.

China Auto Sales Pick Up in April: Just a Momentary Relief?

Japanese automaker Nissan Motor  said on Monday its April sales in China grew 1.1% from a year earlier to 122,846 vehicles, as the world's biggest auto market recovered from the coronavirus.

Nissan's China sales grew 1.1% in April as market recovered

The plan will reportedly allow Nissan to cut costs, but also allocate resources into core markets such as the US, China and Japan.

News for Nissan Motor Co Ltd Stock (NSANY)