Nissan Motor Co Ltd

Earnings data Q4 2020

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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.

Japanese automaker Nissan  said on Wednesday its sales in China fell 44.9% from a year earlier to 73,297 units in March, as the coronavirus epidemic continues to hit the world's biggest car market.

Nissan's China sales drop 44.9% in March due to virus

Nissan to Furlough 10,000 Workers in Mississippi and Tennessee

Honda

Nissan and Honda on Tuesday said they had furloughed thousands of workers at their US operations as the coronavirus pandemic slashes demand for cars in the country.

Nissan, Honda to furlough US workers as demand for cars sputters

Honda Motor Co  and Nissan Motor Co  on Tuesday said they had furloughed thousands of workers at their U.S. operations as the coronavirus pandemic slashes demand for cars in the country.

Honda, Nissan furlough U.S. workers as auto demand plummets

Nissan Motor Co. Ltd. NSANY, +10.90% 7201, +1.55% will lay off about 10,000 workers in the U.S.

Nissan to lay off 10,000 U.S. workers, at Tennessee and Mississippi facilities--Nikkei

Nissan plans to furlough most of its hourly manufacturing employees as its US plants remain closed to help slow the spread of Covid-19.

Nissan to furlough about 10,000 workers in Mississippi, Tennessee

Ford Motor Company

Fiat Chrysler

General Motors

Toyota Motor

Volkswagen AG

Owing to weak consumer confidence and substantial increase in unemployment, car sales are likely to further decline in the coming months.

U.S. Vehicle Sales in Q1 Take Nasty Hit: Is More Pain Ahead?

Production at Nissan's  British factory, the country's biggest car plant, is suspended throughout April, continuing a shutdown in place since mid-March as the coronavirus outbreak continues across Europe.

Output at Nissan's UK car plant suspended throughout April over coronavirus

Nissan Motor Co  said on Wednesday its U.S. auto plants  will remain closed through late April to help reduce the spread of the coronavirus.

Nissan says U.S. auto plants will remain closed through late April

Like estimates for the fate of every other industry as the pandemic takes hold, car forecasts are based largely on how long the worst of it will last.

US Car Sales May Be Cut in Half

Major automakers are due to report U.S. sales this week, giving investors a better grasp of the damage from coronavirus containment measures, which have shut both dealerships and factories across the country.

Japanese carmakers brace for US sales shock as coronavirus hits consumers

Bayerische Motoren Werke AG

Mazda Motor Corp

The coronavirus pandemic has caused a sharp drop-off in demand for tires and cars, causing manufacturers across North and South America to furlough workers and implement partial factory shutdowns.

Automakers, Tire Manufacturers Announce Plant Closures In Mexico

While European carmakers like Volkswagen and BMW are already warning a difficult year ahead, there are concerns about sustained economic impacts.

Coronavirus Wrecks Europe Auto Industry: Rough Road Ahead

Nissan Motor Co  said Wednesday it will temporarily suspend production at its U.S. manufacturing to boost containment efforts around the COVID-19 coronavirus.

Nissan will suspend U.S. production through April 6

Ferrari

Tesla

The European Automobile Manufacturers Association (ACEA) reported that new registrations (a proxy for sales) in February fell by 7.4% year over year.

Auto Industry Collides With Coronavirus

Nissan Motor Co  on Wednesday said it would stop producing vehicles in Indonesia, consolidating its global production in the face of falling sales which has pummeled its profitability and threatened its survival.

Nissan to stop producing cars in Indonesia as part of reorganisation plan

Nissan has stopped output at Britain's biggest car factory due to the impact from coronavirus as it assesses supply-chain disruption and the drop in demand, the most significant closure to affect the country's autos sector so far from the outbreak.

Nissan stops production at UK factory over coronavirus impact

Nissan Motor Co  is likely to pull out from a venture capital fund it runs with alliance partners Renault SA  and Mitsubishi Motors, as part of the Japanese automaker's  drive to cut costs and conserve cash, two sources said.

Exclusive: Nissan to pull out of venture fund with Renault in cost-cutting drive, sources say

Nissan Motor Co's  vehicle sales in China, its biggest market, dropped 80% in February as coronavirus concerns sapped demand, in another blow to the carmaker which is struggling to recover from a profit free fall.

Struggling Nissan's China vehicle sales drop 80% in February

Nissan  is pushing on with plans to build its new Qashqai sports utility vehicle at its British factory despite warnings over Brexit, announcing on Friday a 52-million pound investment in a new press line at the site.

Nissan pushes on with new vehicle plan at UK factory despite Brexit warning

Adient

Aptiv

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Geely Automobile Holdings Ltd

Magna International

O'Reilly Automotive

Based on China alone a substantial decline in automotive is justified. As detailed below, exposure varies across OEMs and Tier Is. There is no single, simple bottom line for investors.

Coronavirus China: Impact On Global Automotive

Amid coronavirus, the China auto industry has taken a severe beating of late, with shutdown of factories, dealerships with less customer traffic, supply-chain disruption and annual motor show delay.

Coronavirus Concerns Further Plague China Auto Industry

Nissan Motor Co  Chief Executive Makoto Uchida on Tuesday said he expects the Japanese automaker's earnings and cashflow to remain pressured through the end of the financial year in March as it grapples with weak global car sales.

Nissan CEO sees earnings, cashflow under pressure for current financial year

The new CEO's recovery plan might not be enough.

Nissan Reports First Quarterly Loss Since 2009 as U.S. Sales Slump

Nissan's new CEO Makoto Uchida doesn't have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company's board.

Clock's ticking for Nissan boss Uchida to show he has a plan: sources

News for Nissan Motor Co Ltd Stock (NSANY)