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Nissan Motor Co., Ltd. (NSANF)

2.4400

-0.2100

(-7.92%)

At close: May 19 at 3:49:09 PM EDT

Honda pulls back on EV strategy for now and will push hybrid sales

Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030. Instead of the initial plan to invest 10 trillion yen ($69 billion) in an electrification strategy through the fiscal year ending in 2031, Honda is reducing that investment by 3 trillion yen ($21 billion) to 7 trillion yen ($48 billion). Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the long-term shift toward electrification remained unchanged, just pushed back in time.

Associated Press Finance 13 hours ago

HMC

NSANY
Nissan to close two plants in Kanagawa Prefecture – reports

Company plans to close seven vehicle plants globally by FY2027, cut 20,000 jobs.

Just Auto yesterday

NSANY
Nissan considering plant closures in Japan, overseas, sources say

TOKYO (Reuters) -Nissan is considering plans to shut two car assembly plants in Japan and overseas factories, including in Mexico, sources said on Saturday, as part of a cost-cutting plan the company flagged earlier this week. The automaker is mulling closing Japan's Oppama plant, where Nissan started production in 1961, and the Shonan plant operated by Nissan Shatai, in which Nissan is a 50% stakeholder, the sources said, which would leave it with just three vehicle assembly plants in Japan.

Reuters 3 days ago

NSANY
Nissan CEO urges Japan to accelerate U.S. trade talks

Nissan unveiled sweeping new cost cuts on Tuesday, saying the measure would reduce global workforce by 15% and lead to the closure of seven vehicle plants. He was responding to a question on whether Japanese trade negotiators had moved fast enough to secure lower tariffs in their bilateral trade talks with the U.S. Nissan has said its exports from Mexico and Japan accounted for just under 45% of its total U.S. sales, putting the cost of U.S. tariffs at an estimated 450 billion yen ($3.08 billion) in the current business year, before mitigation measures are factored in.

Reuters 5 days ago

NSANY
Analysis-Nissan is rolling out big cuts. Turning around sales will prove harder

TOKYO (Reuters) -Nissan's new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it can reverse sliding top-line sales, analysts said, even as he moves to slash costs. With a lack of fresh models, new tariffs in its biggest market, and sharp competition from local and Chinese rivals, Nissan will be hard-pressed to shore up sales, which have plunged 42% since the 2017 business year. Espinosa unveiled plans on Tuesday to cut 11,000 more jobs and shut seven plants and flagged that sales volume was expected to drop 3% in the current fiscal year, as performance in its key markets continues to come under pressure.

Reuters 5 days ago

NSANY
Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

(Bloomberg) -- Japan’s biggest carmakers are looking at a hit of more than $19 billion from US President Donald Trump’s tariffs that have left the global auto industry reeling.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’How a Highway Became San Francisco’s Newest ParkPower-Hungry Data Centers Are Warming Homes in the NordicsA New Central Park Amenity, Tailored to Its East Harlem NeighborsMaryland’s Credit Rating Gets Downgraded as Governor Blames Trump

Bloomberg 6 days ago

MZDAF

MZDAY

NSANF
-7.92%
Japanese carmakers slash profit outlooks as they face down U.S. tariffs and Chinese EVs

Toyota and Honda cut their annual forecast by double digits. Nissan declined to issue one for the time being.

Fortune 6 days ago

NSANY

HMC

TM
Nissan targets return to profitability in FY2026

Automaker announces plant closures and cost-cutting under new Re:Nissan recovery plan.

Just Auto 6 days ago

NSANY
Nissan maneuvers to soften $3B hit from tariffs

The automaker says mitigation strategies, including collaborating with suppliers, will lessen the impact of U.S. duties by 30%.

Automotive Dive 6 days ago

NSANY
Honda stock drops on fears of $3 billion tariff hit

Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.

Yahoo Finance 7 days ago

HMC

HNDAF

GM
Nissan’s U.K. factory is safe from company’s latest plant closures

Nissan's only European factory is not part of CEO Ivan Espinosa's plan to close seven plants globally. New electrified models will be added at the plant in Sunderland, England, he said.

Automotive News 7 days ago

NSANY
Government asks Nissan for full details over factory closure plans

Nissan revealed earlier on Tuesday that it will shut seven factories and cut around 20,000 jobs globally by 2027 .

PA Media: Money 7 days ago

NSANY
Honda and Nissan are getting hammered — and they can't blame tariffs yet

Japanese automakers Honda (HMC) and Nissan (NSANY) both announced dismal earnings on Tuesday — and the worst may still be yet to come.

Quartz 7 days ago

NSANY

HMC
Nissan slashing 20K jobs by FY2027

The automaker’s latest cost-savings plan also calls for seven plant closures in an effort to generate $3.4 billion in savings.

Automotive Dive 7 days ago

NSANY
Nissan increases job cuts to 20K by 2027

Japanese automaker Nissan expanded its planned job cuts after seeing a "challenging" FY 2024. The company is also working to mitigate the impact of President Donald Trump's tariffs.

Fox Business 7 days ago

NSANY
Honda, Nissan Expect to Be Hit Hard by U.S. Tariffs

Two major Japanese automakers have warned that earnings will be hit hard by U.S. tariffs, underlining the risk of an industrywide downturn that could stunt Japan’s economic recovery.

The Wall Street Journal 7 days ago

HMC

HNDAF

NSANF
-7.92%
Nissan to shut seven factories and slash 20,000 jobs globally

The Japanese car maker has said it will cut 11,000 more jobs than originally planned, having announced initial restructuring plans in November.

PA Media: Money 7 days ago

NSANY
Nissan Motor Posts More Than $4.5 Billion Loss, to Cut 20,000 Jobs

The carmaker said it will slash 20,000 jobs—more than doubling its previously announced plan—as part of cost-cutting efforts to turn around weak sales.

The Wall Street Journal 7 days ago

NSANF
-7.92%

NSANY
Renault Expects $2.44 Billion Hit From Nissan’s Restructure

The group—which holds 35.71% of Nissan’s share capital—said the hit included the impairments and restructuring costs necessary for the Japanese automaker’s turnaround plan.

The Wall Street Journal 7 days ago

RNLSY

RNSDF

NSANF
-7.92%
Nissan slashes 15% of its global work force as the Japan automaker sinks into losses

Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping vehicle sales in China and other nations, and towering restructuring costs. Nissan Motor Corp. said it will reduce the number of its auto plants to 10 from 17, under what it called its recovery plan to carry out “decisive and bold actions to enhance performance and create a leaner, more resilient business that adapts quickly to market changes.” “We have a mountain to climb,” its Chief Executive Ivan Espinosa told reporters, stressing the task will not be easy, requiring discipline and team work.

Associated Press Finance 7 days ago

NSANY

Performance Overview

Return	NSANF	Nikkei 225 (^N225)
YTD	-18.94%	-5.93%
1-Year	-31.56%	-3.94%
3-Year	-31.35%	+40.35%

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Nissan Motor Co., Ltd. (NSANF)

Honda pulls back on EV strategy for now and will push hybrid sales

Nissan to close two plants in Kanagawa Prefecture – reports

Nissan considering plant closures in Japan, overseas, sources say

Nissan CEO urges Japan to accelerate U.S. trade talks

Analysis-Nissan is rolling out big cuts. Turning around sales will prove harder

Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

Japanese carmakers slash profit outlooks as they face down U.S. tariffs and Chinese EVs

Nissan targets return to profitability in FY2026

Nissan maneuvers to soften $3B hit from tariffs

Honda stock drops on fears of $3 billion tariff hit

Nissan’s U.K. factory is safe from company’s latest plant closures

Government asks Nissan for full details over factory closure plans

Honda and Nissan are getting hammered — and they can't blame tariffs yet

Nissan slashing 20K jobs by FY2027

Nissan increases job cuts to 20K by 2027

Honda, Nissan Expect to Be Hit Hard by U.S. Tariffs

Nissan to shut seven factories and slash 20,000 jobs globally

Nissan Motor Posts More Than $4.5 Billion Loss, to Cut 20,000 Jobs

Renault Expects $2.44 Billion Hit From Nissan’s Restructure

Nissan slashes 15% of its global work force as the Japan automaker sinks into losses

Performance Overview