The industry that helped turn Japan into an economic juggernaut is undergoing its biggest change in years, with two of the country’s best-known carmakers looking to join forces.

As Nissan CEO Makoto Uchida said during a November investor’s meeting, the company needs to get back on “the growth track," and for the troubled automaker, that means cuts. But decreasing global production capacity 20% and slashing at least 9,000 jobs ...

Nissan Motor Corporation reported a slight fall in global sales to 3,348,687 vehicles in 2024, from 3,374,374 in 2023.

Nissan’s improved Frontier midsize pickup truck is more useful than before, though it doesn’t give us all the fixes we hoped for.

Nissan plans to repair its flailing business without closing factories, according to people familiar with the matter, as it looks to streamline its finances before a capital tie-up with Honda.

SMYRNA, Tenn. (WZTV) — Nissan has confirmed that its plants in Smyrna, Canton, and Decherd will experience job cuts. The company stated it would initially seek volunteers for the layoffs, offering severance packages to those who opt-in.

Nissan Motor (OTCPK:NSANY) announced production and shift cuts in the U.S. as part of its strategy to push back costs amid sluggish sales. The Yokohama-based automaker is offering buyouts to workers.

Renault SA wants a premium for its stake in Nissan Motor Co. if Honda Motor Co. takes over control of the rival Japanese automaker, according to people familiar with the matter.

According to sources familiar with the matter, Honda has been pushing Nissan to accelerate its restructuring efforts. In November, Nissan announced plans to cut 9,000 jobs worldwide and reduce its global production capacity by 20 percent after reporting a more than 90 percent drop in net profit for the April-September period.

The Japanese aim to save up to £2 billion. Unfortunately, achieving this goal requires sacrifices. Nissan is another brand facing a crisis caused by global changes in the automotive market. The Japanese company has just announced significant cuts in the USA.