Thursday, 21 October 2021

Tag Archives: Nissan

Nissan to cut 10,000 worldwide

TOKYO: Japanese car giant Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Japanese media said Wednesday, citing company sources. The cuts come after Nissan announced in May it would trim 4,800 jobs from its global workforce of around 139,000. ...

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Nissan abandons $1 billion battery unit sale to GSR

TOKYO: Nissan Motor Co. abandoned a $1 billion deal to sell its electric-battery business because the prospective buyer failed to raise the money required. The Japanese automaker announced it was canceling the sale to GSR Capital, saying in a statement on Monday the Chinese private-equity firm didn’t have sufficient funds. ...

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Zero chance of Renault taking over Nissan, Mitsubishi

(Reuters, 2018) TOKYO: Renault SA absorbing Nissan Motor Co. and Mitsubishi Motors Corp is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. “Anybody who will ask Nissan and Mitsubishi to become wholly owned subsidiaries of Renault ...

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MP asks spending watchdog to investigate Nissan Brexit deal

Whitehall’s spending watchdog could investigate the deal to keep Nissan making cars in north-east England, following a demand from the chair of an influential parliamentary committee. Andrew Tyrie, chair of the Treasury select committee, has written to the National Audit Office (NAO) asking for an inquiry into any assurances offered ...

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