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Topic

Nissan Motor Co

Nissan sues Ghosn aide Kelly

Nissan sues Ghosn aide Kelly

Published 21 Mar, 2022 07:46am
TOKYO: Japanese automaker Nissan has sued Greg Kelly, a former executive and aide to disgraced tycoon Carlos Ghosn,...
Japan Inc offer lowest pay rises in 8 years as pandemic bites

Japan Inc offer lowest pay rises in 8 years as pandemic bites

Published 17 Mar, 2021 01:51pm
  • "As corporate profits deteriorate and uncertainty remains on the outlook, management will likely be cautious" about responding to union demands for higher pay, said Koya Miyamae, senior economist at SMBC Nikko Securities.
Nissan to issue $8bn in dollar-denominated debt

Nissan to issue $8bn in dollar-denominated debt

Published 11 Sep, 2020 06:13pm
  • The bond sale marks Nissan's first dollar-denominated debt issuance since its capital alliance with France's Renault SA in 1999.
  • Later on Friday IFR reported Nissan would sell some 2 billion euros ($2.37 billion) in euro-denominated debt.
Nissan agrees to postpone Barcelona plants closure by a year

Nissan agrees to postpone Barcelona plants closure by a year

Published 06 Aug, 2020 01:39am
  • The Japanese carmaker has also agreed not to conduct mass layoffs until the end of next year, and in exchange production will resume gradually on Aug. 24.
  • The plants, which employ around 3,000 workers and indirectly an additional 20,000, were originally due to close by the end of this year.
Nissan offers to postpone Barcelona plant closure, to talk on 'everything'

Nissan offers to postpone Barcelona plant closure, to talk on 'everything'

Published 22 Jul, 2020 12:55am
  • The three Barcelona plants, which employ around 3,000 workers, were originally due to close by December this year.
  • In exchange, Nissan would not conduct layoffs until the end of 2020 but would maintain its plan to fire at least around 2,500 workers once the factories shut.
Nissan plans 30pc cut in car output to Dec as virus hits demand

Nissan plans 30pc cut in car output to Dec as virus hits demand

Published 16 Jul, 2020 05:20pm
  • Japan's No. 2 automaker plans to produce around 2.6 million vehicles between April and December, down from 3.7 million during the same period last year.
  • Global automakers are struggling after factories were shuttered earlier this year to stem the spread of the pandemic.
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