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 Ltd (OTC: NSANY) on Tuesday announced plans to implement a temporary shutdown at its Japan facilities from April 27 to May 1 in order to combat the coronavirus outburst.

Nissan To Temporarily Close Global HQ Operations Amid COVID-19 Outbreak

Nissan Motor Co  on Tuesday said that it would temporarily shut down operations at its global headquarters and other facilities in Japan through early May to contain the spread of the coronavirus.

Nissan to shut down global headquarters, other Japan facilities through mid-May due to virus

Japanese automaker Nissan Motor Co  said Thursday it will extend a shutdown of U.S. manufacturing plants until mid-May, citing the ongoing impact of the COVID-19 pandemic.

Nissan extends U.S. production shutdown until mid-May

Nissan Motor Co Ltd's  management has become convinced the struggling automaker needs to be much smaller and a restructuring plan due out next month would likely assume a cut of 1 million cars to its annual sales target, senior company sources said.

Nissan restructuring may assume cut of 1 million cars to annual sales target: sources

The Coronavirus pandemic has weighed heavily on the global auto industry. Several manufacturers have recently reported a massive decline in sales.

Nissan Motor seeks £3.71 billion credit line as Coronavirus hurts production and demand

Nissan Motor Co Ltd  has requested a $4.6 billion commitment line from major lenders to cushion the impact of the coronavirus pandemic while it seeks to engineer a desperately needed turnaround, people with knowledge of the matter said.

Nissan seeks $4.6 billion credit line as coronavirus hammers car demand: sources

Nissan Motor  has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the Nikkei business daily reported on Thursday.

Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei

Ford Motor Company

Fiat Chrysler

General Motors

Honda

Tesla

The idea to go for pay cuts, layoffs and furloughs is to conserve cash as Tesla, Inc. (TSLA) and other car companies continue to bleed with halt in production and deliveries.

Will Layoffs, Furloughs Help Carmakers Survive Coronavirus?

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

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

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

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.

News for Nissan Motor Co Ltd Stock (NSANY)