After posting net losses earlier this month, Nissan CEO Makoto Uchida said the "extremely tough situation" will force some bold restructuring moves. In addition to downgrades to its full-year sales ...

As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders ...

As part of its recovery plan, Nissan announced in May that it plans to cut 20,000 jobs, or around 15% of its global workforce. It’s also closing several factories to free up cash and reduce costs.

Nissan and Mercedes-Benz warn of a worsening semiconductor crisis, directly linked to a trade dispute between the Netherlands and China over chipmaker Nexperia. This geopolitical friction is choking ...

Nissan and Mercedes sound alarm over chip supply crisis A stand-off between China and the Dutch government over Nexperia, whose chips are widely used in automotive components, is creating a supply ...