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Nissan About To Cut Production And Jobs In US

The Associated Press - Busines… · 1h

Japanese automaker Nissan says it plans job and production cuts in the U.S.

Nissan Motor is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker's urgent efforts to return to profitability.

Business Standard · 4h

Nissan plans job, output cuts at US assembly plants amid merger with Honda

Nissan Motor Co. is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to align its output with lower sales volumes as it mulls a possible sale to Honda Motor Co.

Reuters on MSN · 3h

Nissan cuts shifts, offers employee buyouts at 3 US plants in bid to shed jobs

Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 billion in costs globally.

Renault Seeks Takeover Premium From Honda

Reuters on MSN · 8h

Renault seeking to maximize value of Nissan shares in Honda merger, says source

Renault executives travelled to Japan this week to meet counterparts at Nissan in an effort to maximise the value of the French automaker's stake in the Japanese firm ahead of its merger with Honda, a source close to the matter told Reuters.

Bloomberg on MSN · 13h

Renault Seeks Takeover Premium From Honda for Nissan Stake

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.

The Financial Times · 13h

Renault urges Nissan to secure higher premium from Honda

Renault has urged Nissan to negotiate a higher premium from Honda as the French group seeks to benefit from a merger of the two Japanese groups that would create the world’s third-largest carmaker by sales.

1d

Why Nissan Is in Trouble, and How Honda Might Fix It

The industry that helped turn Japan into an economic juggernaut is undergoing its biggest change in years, with two of the ...

21h

Mitsubishi weighs decision to be part of Honda, Nissan merger

As talks between the automakers continue, analysts say a combination makes sense but may face hurdles, including short-term ...

2don MSN

Mitsubishi considers an exit from Honda-Nissan merger

As Honda and Nissan push forward with merger plans, Mitsubishi Motors may bow out, citing doubts about its influence in the ...

9h

Honda boosting investment in three Ohio auto plants by $300 million

Honda Motor said on Wednesday it will boost its investments in three Ohio auto plants by $300 million to have flexibility to ...

5d

Mitsubishi not joining merger could affect speed of Honda-Nissan talks

Mitsubishi is thought to be concerned about its management freedom, as the future of Nissan’s management restructuring is not ...

5don MSN

What kind of cars would Honda and Nissan make?

With Honda and Nissan likely to join forces soon, we used the power of AI to dream up some possible creations.

2d

Nissan’s Underwhelming Overhaul Poses Risk to Honda Tie-Up

In steering clear of plant closures, Nissan risks irking its much bigger and better off peer. Thanks for reading Hyperdrive, ...

2d

Nissan's new chief directs workers back to the office

Meunier has been in charge since Jan. 1, returning to Nissan after most recently serving as CEO of Jeep. The in-office ...

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