Tokyo, Japanese automaker Nissan sank into a 115.8 billion yen loss for April-June, but promised Wednesday to return to ...

Nissan, based in the port city of Yokohama, has been struggling but is promising a turnaround under Espinosa, a Mexican with two decades of experience at Nissan.

Chief Executive Ivan Espinosa on Wednesday estimated that U.S. tariffs would cost the company up to 300 billion yen, equivalent to $2.02 billion, for the current fiscal year, down from as much as Y450 ...

The Japanese carmaker is undertaking restructuring steps to turn around its business and reverse falling sales.

Japanese automaker Nissan reported a 115.8 billion yen loss for April-June but aims to regain profitability by year-end. The ...

Its chief executive, Ivan Espinosa, took up the post in April and was set to speak to reporters later Tuesday. He replaced Makoto Uchida, who stepped down to take responsibility for the faltering ...

Nissan has announced plans to shut down its flagship Oppama plant in Kanagawa Prefecture, south of Tokyo, by the end of the 2027 fiscal year.Giving reason for its plan, the company explained that the ...

Chief Executive Ivan Espinosa, who took on the job in April ... down from a 426.6 billion yen profit recorded in the previous fiscal year. Espinosa replaced Makoto Uchida, who stepped down to take ...

The factory in Oppama, Japan, employs approximately 2,400 people, who will lose their jobs in March 2028. Car production will move to another Nissan plant in southwestern Japan. View on euronews ...

Nissan says it's closing its flagship factory in Oppama, Japan, to cut costs and moving all its production there to another plant in southwestern Japan. Chief Executive Ivan Espinosa told reporters ...