Nissan Motor Co., Ltd. Sponsored ADR (NSANY)
Nissan CEO says the automaker is devoted to its turnaround plan
Nissan CEO Ivan Espinosa discusses the firm's turnaround plan, the electric vehicle transition and competition from Chinese automakers.
Nissan CEO says short-term focus is to fix the company
"I think in the short term, the focus that we have is to fix ourselves the company," the Nissan CEO said.
UK backs £1bn Nissan loan as carmaker battles losses and job cuts
The UK government is set to guarantee a £1 billion loan to Nissan as part of a major restructuring plan aimed at stabilising the troubled Japanese carmaker, according to a report from Bloomberg. The support, through UK Export Finance, the country's official export credit agency, comes as Nissan faces mounting financial pressures, with plans to cut 20,000 jobs globally and shut down seven factories globally.
Nissan Resorts to e-Power Technology to Reshape Vehicle Lineup
NSANY relies on e-Power technology as it focuses on cutting expenses and reshaping its vehicle lineup after reporting a loss in fiscal 2024.
Exclusive: Nissan offers buyouts to US workers, halts global pay rises, internal emails show
Japan's Nissan has started offering buyouts to U.S. workers and has suspended merit-based wage increases worldwide, internal emails reviewed by Reuters showed, as the automaker expands cost cuts amid weak performance in key markets.
Nissan Aims to Raise $7 Bln Ahead of Loan Repayment Wall
Nissan Motor Co. is seeking to raise more than ¥1 trillion ($7 billion) from debt and asset sales to address a huge loan repayment due next year, according to internal documents seen by Bloomberg News. The Japanese automaker plans to issue as much as ¥630 billion in convertible securities and bonds, the documents show.
Nissan CEO urges faster Japan-U.S. trade talks
Nissan CEO Ivan Espinosa said on Thursday he expects Japanese trade negotiators to move more quickly in the country's trade negotiations with the United States, adding he hoped to get clarity on trading rules for the Japanese automaker.
Nissan is rolling out big cuts. Turning around sales will prove harder
Nissan's new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it can reverse sliding top-line sales, analysts said, even as he moves to slash costs.
Nissan Motor Co., Ltd. (NSANY) Q4 2024 Earnings Call Transcript
Nissan Motor Co., Ltd. (OTCPK:NSANY) Q4 2024 Earnings Conference Call May 13, 2025 6:15 AM ET Company Participants Julian Krell - Vice President of Investor Relations Ivan Espinosa - President and Chief Executive Officer Jérémie Papin - Chief Financial Officer Stephen Ma - Executive Officer, Chairperson, Management Committee for China Conference Call Participants Arifumi Yoshida - Citigroup Inc. Kohei Takahashi - UBS Securities Kota Yuzawa - Goldman Sachs Yoshitaka Ishiyama - Mizuho Securities Co., Ltd.
Nissan to cut 20,000 jobs as Trump's tariffs complicate plans to escape its financial crisis
Nissan said it would cut 20,000 jobs and close seven factories on Tuesday. The Japanese automaker is mired in a financial crisis and faces a major headache from Trump's tariffs.
Nissan Motor Posts More Than $4.5 Billion Loss, to Cut 20,000 Jobs
The carmaker said it will slash 20,000 jobs—more than doubling its previously announced plan—as part of cost-cutting efforts to turn around weak sales.
Nissan announces new cost-savings measures, withholds FY2025 estimates
Japanese automaker Nissan announced on Tuesday a slate of new cost-saving measures including 11,000 more job cuts and held off on releasing financial earnings estimates for the current year through March 2026.
