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Man walks past Nissan logo

Nissan quarterly net profit plunges, 12 500 job cuts planned

25 July 2019, 11:26 AM

Nissan said net profit slumped nearly 95 percent in the April-June quarter due to falling sales and growing costs.

Nissan to cut over 10 000 jobs worldwide: report

24 July 2019, 5:47 AM

Japanese car giant Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Japanese media said Wednesday, citing company sources.

Renault

Renault warns Nissan it will block governance overhaul

10 June 2019, 9:53 AM

French carmaker Renault has warned its alliance partner Nissan that it will block the Japanese auto firm’s plan to overhaul its governance structure, Nissan confirmed on Monday, a move it called “regrettable.”

Renault car

Renault reassures Nissan over tie-up with Fiat Chrysler

29 May 2019, 11:41 AM

Renault officials on Wednesday sought to reassure the firm’s alliance partner Nissan over a possible tie-up between the French automaker and Fiat Chrysler, which could up-end the auto industry.

Renault shows ‘interest’ in Fiat Chrysler merger offer

27 May 2019, 3:25 PM

French automaker Renault said on Monday that it would study “with interest” a 50-50 merger proposal from Fiat Chrysler, a deal that could reshape the industry as Renault reviews its options following the arrest in Japan of its chief executive.

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