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Nissan Motor Co., Ltd. (NISA.F)

2.6110

-0.0350

(-1.32%)

At close: January 31 at 11:05:33 AM GMT+1

Nissan offers buyouts as US production scales back

The automaker plans to cut shifts at its Smyrna, Tennessee and Canton, Missouri plants.

Automotive Dive 2 days ago

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Nissan’s global vehicle sales fall slightly in 2024

Decline reflected weak demand in China.

Just Auto 2 days ago

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Nissan, Honda to announce direction of possible integration by mid-Feb, Nissan says

TOKYO (Reuters) -Nissan Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday, pushing back the plan from the end of January. The two Japanese automakers have been in talks to explore a merger by 2026, in a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers are posing to the world's long-dominant legacy car makers. Nissan's long-term alliance partner Renault has previously said it is open in principle to the merger.

Reuters 2 days ago

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Nissan announces job and output cuts at U.S. assembly plants

This story incorporates reporting from ジャパンタイムズ, Bloomberg on MSN.com and The Associated Press - Business News on MSN.com.Nissan is set to implement significant job and output cuts at its U.S. vehicle assembly plants. The company has decided to make these changes in response to evolving market dynamics and a shift in consumer demand. This move reflects broader trends in the automotive industry, where companies are continuously adapting to changing economic conditions.

Quartz 3 days ago

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Nissan offers employee buyouts at three US facilities

The company is not planning for involuntary layoffs and is part of its initiative to cut down global costs by $2.6bn.

Just Auto 3 days ago

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

Nissan 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. The move is part of Nissan Motor Corp.’s plans, announced two months ago, to slash 9,000 jobs globally, including in China, after it racked up a quarterly loss due to sinking sales and ballooning inventory. At Nissan's plant in Smyrna, Tennessee, one production line will maintain two shifts, while the other line will consolidate to one shift, the company said.

Associated Press Finance 3 days ago

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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. Nissan will offer the separation packages to workers at its vehicle assembly plants in Smyrna, Tennessee, and Canton, Mississippi, and an engine plant in Decherd, Tennessee. Japan's third-biggest automaker by volume will slash one of two shifts at the production line for its Rogue sports utility vehicle in Smyrna starting in April, and for the Altima sedan in Canton from September.

Reuters 3 days ago

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Nissan Plans Job, Output Cuts at US Vehicle Assembly Plants

(Bloomberg) -- 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.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoUS Students’ Reading Scores Drop to Worst in More Than 20 Y

Bloomberg 3 days ago

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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. Nissan and Honda said late last year they would begin formal talks on a merger that could potentially create the world's third-largest auto group with annual output of 7.4 million vehicles. Renault owns 36% of Nissan, including 18.7% in a French trust, and has said it is open to the merger.

Reuters 3 days ago

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RNO.PA
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 financial hardship.

Automotive Dive 4 days ago

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7211.T
Nissan’s cost-cutting strategy avoids plant closures – report

This approach is part of an effort to revitalise finances ahead of a potential capital tie-up with Honda.

Just Auto 5 days ago

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Nissan may revise EV production plans in US amid policy concerns-report

The company's North American production strategy is being reconsidered in response to potential policy shifts.

Just Auto 6 days ago

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SK On agrees to supply EV batteries to Nissan in US

Deliveries to start in 2028.

Just Auto 6 days ago

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Mitsubishi to deliver small electric crossover in 2026, considers lower-cost Outlander Sport trim

Mitsubishi executives did not reveal details of the new EV at the meeting, but a source told Automotive News the model is expected to be a small crossover-coupe-styled vehicle similar to the planned Nissan Leaf replacement.

Automotive News 6 days ago

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Nissan plans to cut up to 2,000 U.S. jobs, slash factory output by 25%, report says

The financially struggling automaker plans to idle 1,500 to 2,000 jobs in Tennessee and Mississippi, Yomiuri Shinbun reported.

Automotive News 8 days ago

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Infiniti ending production of QX50, QX55 crossovers in December

Infiniti expects inventory of the outgoing compact crossovers to last into mid-2026.

Automotive News 8 days ago

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Mitsubishi Motors considering not joining planned Nissan-Honda merger, sources say

The potential merger could form the world's third-largest auto group with an annual production of 7.4 million vehicles.

Just Auto 9 days ago

7211.T

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Nissan to procure EV batteries from SK On for US market, Nikkei reports

Nissan Motor plans to procure batteries for electric vehicles sold in the U.S. from South Korea's SK On from around 2028 onwards, the Nikkei newspaper said on Thursday, as the troubled Japanese automaker looks to ramp up its EV business as part of a planned turnaround. Separately, a Nissan executive said the automaker was considering plans to produce compact EVs at its plant on Japan's southern island Kyushu, confirming a 2024 Reuters report. Nissan, which is in talks to merge with Honda Motor, has been seeking to slash 9,000 jobs and 20% of its global manufacturing capacity in a turnaround plan laid out last year.

Reuters 10 days ago

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Nissan nixes small electric crossover planned for U.S., sources say

Nissan told suppliers that it won’t build the EV, code-named PZ1L, at its Mississippi factory as planned.

Automotive News 10 days ago

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Nissan Motor to end production of AD compact van – report

Nissan’s 50%-owned manufacturing unit, Nissan Shatai, has not yet made any decisions regarding job cuts.

Just Auto 11 days ago

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Performance Overview

Return	NISA.F	Nikkei 225
YTD	-9.62%	-0.81%
1-Year	-123.16%	+9.06%
3-Year	+99.22%	+46.55%

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Nissan Motor Co., Ltd. (NISA.F)

Nissan offers buyouts as US production scales back

Nissan’s global vehicle sales fall slightly in 2024

Nissan, Honda to announce direction of possible integration by mid-Feb, Nissan says

Nissan announces job and output cuts at U.S. assembly plants

Nissan offers employee buyouts at three US facilities

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

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

Nissan Plans Job, Output Cuts at US Vehicle Assembly Plants

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

Mitsubishi weighs decision to be part of Honda, Nissan merger

Nissan’s cost-cutting strategy avoids plant closures – report

Nissan may revise EV production plans in US amid policy concerns-report

SK On agrees to supply EV batteries to Nissan in US

Mitsubishi to deliver small electric crossover in 2026, considers lower-cost Outlander Sport trim

Nissan plans to cut up to 2,000 U.S. jobs, slash factory output by 25%, report says

Infiniti ending production of QX50, QX55 crossovers in December

Mitsubishi Motors considering not joining planned Nissan-Honda merger, sources say

Nissan to procure EV batteries from SK On for US market, Nikkei reports

Nissan nixes small electric crossover planned for U.S., sources say

Nissan Motor to end production of AD compact van – report

Performance Overview