Nissan Motor Co Ltd

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Nissan Motor Co., Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales Financing 6segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales Financing segment handles sales finance and leasing business to support the sales activity of automobile business. The company was founded on December 26, 1933 and is headquartered in Yokohama, Japan.

Nissan Motor Co intends to close its Barcelona main plant and two nearby facilities starting from December 2020, but it will keep open two facilities in northern Spain, the chairman of Nissan in Europe, Gianluca De Ficchy, said on Thursday.

Nissan says to close Barcelona plant from December

Nissan Motor Co outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.

Nissan plans to slash costs after first loss in 11 years

French carmaker Renault  said on Thursday that losses at its Japanese partner Nissan , in which it has a 43% stake, would drag on its on net earnings by 3.6 billion euro ($3.96 billion) in the first quarter.

Renault to take 3.6 billion euro hit from Nissan losses

Nissan committed on Thursday to slashing production capacity by 20% and closing a plant in Spain as part of a sweeping overhaul announced after the Japanese carmaker revealed its first annual operating loss in more than a decade.

Nissan to cut production capacity by 20% after suffering worst year since 2009

Nissan Motor Co unveiled a plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits that culminated in its first annual loss in 11 years.

Nissan sets out survival plan after first loss in 11 years

Nissan Motor Co  said on Thursday it would slash its production capacity by a fifth to help reduce its fixed costs by 300 billion yen ($2.8 billion) as it looks to become a smaller, more cost-efficient automaker following a slide in sales.

Nissan slashes capacity by a fifth after first loss in 11 years

Japan's Nissan Motor Co  has decided to close its factory in Barcelona, resulting in the loss of about 3,000 jobs as part of a new worldwide restructuring plan, the Spanish government said on Thursday.

Spain says Nissan has decided to close its Barcelona plant

Nissan Motor Co  will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annual operating loss in 11 years.

Nissan to set out survival plan after expected annual loss

Japan's Nissan Motor Co  will close its factory in Barcelona, resulting in the loss of about 2,800 jobs, Spanish newspaper El Pais reported, citing government and union sources.

Nissan Motor to close Barcelona plant: El Pais

Japanese automaker Nissan Motor Co  said Wednesday it plans to begin restarting its shuttered U.S. manufacturing operations beginning June 1.

Nissan to begin restart of U.S. auto plants on June 1

The Renault Nissan Mitsubishi alliance has been treading water for a couple of years as the partners struggled to solve basic problems of ownership and direction. But plans to save the alliance weren't thought to go far enough.

Renault-Nissan Alliance, Faced With Existential Problems, Tries To Tweak Current Deal

Renault SA , Nissan Motor Co  and Mitsubishi Motors have no plans to merge and will instead focus on a new production sharing plan to cut costs and improve efficiency, Chairman Jean-Dominique Senard said on Wednesday.

Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

Renault  Chairman Jean-Dominique Senard said on Wednesday that there was no need for a merger with its partners Nissan  and Mitsubishi.

Renault's Senard says it does not need to merge with Nissan

Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking group.

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

When Renault SA , Nissan Motor Co  and Mitsubishi Motors Corp  announced the last strategy plan for their Alliance in September 2017, the goal was to become the world's biggest automaker by 2022.

Renault and Nissan rebuild their alliance to ride out the coronavirus storm

News is expected this week which will either cement the Renault-Nissan alliance for the foreseeable future, or send its French and Japanese components scurrying back to the drawing board to find a new way to safeguard their futures in a troubled, post-coronavirus world.

Renault, Nissan Will Slash Output, But Will The Alliance Flourish Or Whither?

Renault  and Nissan  have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.

Nissan and Renault shelve merger plans to repair their alliance: sources

Honda

Toyota Motor

Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation's automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases.

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

The coronavirus pandemic may be forcing Renault and Nissan to rethink their strained relationship.

Renault and Nissan are desperate for help. The alliance Carlos Ghosn built could be their only hope

The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with activities that are directly related to vehicle and autoparts manufacturing.

Nissan says preparing to gradually restart Mexico operations

Nissan Motor  has not confirmed whether it plans to close its plant in Barcelona, a senior Spanish industry ministry official said on Monday.

Nissan has not confirmed if plans to close Spanish plant: industry secretary

Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe.

France warns Renault could disappear; Nissan plans job cuts

Nissan Motor Co  is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese automaker struggles to recover from plunging car sales.

Nissan considering 20,000 job cuts, mainly in Europe, developing nations: Kyodo

Nissan Motor Co said on Thursday it still reserves the right to take further legal measures in the case of its ousted former Chairman Carlos Ghosn, after the United States arrested two men on charges they enabled his escape from Japan.

Nissan says it has noted U.S. arrests in Ghosn case, reserves right for legal measures

Nissan Motor Co  is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters.

News for Nissan Motor Co Ltd Stock (NSANY)