Nissan Motor Co., Ltd. Sponsored ADR (NSANY)
Nissan boss Uchida races to save the automaker - and his job
In early October, Nissan Motor managers dialed in for a regular online meeting with boss Makoto Uchida only to hear a grim message: business was worse than expected and the Japanese car maker had to cut jobs and production.
A quiet takeover of Nissan by Honda might be the 'best thing that could happen': Analyst
Karl Brauer of ISeeCars.com discusses the various troubles Nissan is facing and says that both Honda and Nissan need a 'dance partner' to continue surviving.
Nissan is having a terrible time, and Trump might be about to make it a whole lot worse
Nissan is facing a fight to turn around its ailing business after sales and profits plunged. Trump's proposed tariffs on Mexico could make that difficult.
Nissan October production down globally except in Mexico, but Trump tariff threat looms
Nissan Motor said on Thursday its global production fell for a fifth straight month in October, led by downshifts at most of its manufacturing hubs except for Mexico.
Nissan seeks investor to replace some of Renault's equity holding, FT reports
Nissan Motor is looking for a long-term investor, such as a bank or insurance group, to help it replace some of Renault's diluted stakeholding, the Financial Times reported on Tuesday.
Nissan persuades US court to decertify brake defect class actions
Nissan persuaded a federal appeals court on Friday to decertify 10 class actions accusing the Japanese automaker of selling cars and SUVs with defective automatic emergency braking systems that caused vehicles to stop suddenly for no reason.
Nissan says about 1,000 US staff accept early retirement
About 6% of Nissan Motor staff in the United States have accepted early retirement packages, a company spokesperson said on Thursday, as part of the struggling Japanese carmaker's plan to cut 9,000 jobs worldwide.
Nissan shares surge after report activist investor Oasis has picked up stake
Nissan Motor shares jumped as much as 6% in early Tokyo trading on Friday after Japan's Diamond Online magazine reported that activist investor Oasis Management had taken a stake in the automaker.
Nissan shares jump more than 20% after activist Effissimo takes stake
Nissan Motor shares jumped as much as 20.6% on Tuesday after a filing showed an entity related to activist investor Effissimo Capital Management had taken a stake in the struggling Japanese automaker.
Nissan Motor Co., Ltd. (NSANY) Q2 2024 Earnings Call Transcript
Nissan Motor Co., Ltd. (OTCPK:NSANY) Q2 2024 Earnings Call November 7, 2024 4:30 AM ET Company Participants Makoto Uchida - President and Chief Executive Officer Stephen Ma - Chief Financial Officer Hideyuki Sakamoto - Executive Vice President, Manufacturing & SCM Operations Conference Call Participants Makoto Ochiai - Nikkei Shimbun Hans Greimel - Automotive News Operator Thank you for joining Nissan's Fiscal Year 2024 First Half Financial Results Announcement.
Nissan Cuts 9,000 Jobs, Slashes CEO's Pay in Half
Nissan will cut 9,000 jobs and reduce manufacturing capacity due to struggling industry conditions and internal weaknesses. The Japanese automaker's CEO will forfeit half his compensation due to the poor performance.
Nissan shares slump after unveiling plan to cut jobs, production
Shares in Nissan Motor slumped as much as 10% in Tokyo trading on Friday after the company said the previous day it will cut 9,000 jobs and 20% of its global manufacturing capacity as it faces struggling sales in China and the United States.
