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Nissan ‘calls off Honda merger talks’
Published on 05/02/2025
» TOKYO - Nissan Motor Co has called off merger talks with Japanese rival Honda, the Nikkei newspaper said, abandoning a tie-up that would have created the world’s third-largest automaker and raising questions about its ability to ride out a crisis on its own.
Nissan to cut 9,000 jobs, announces restructuring
Bloomberg News, Published on 07/11/2024
» TOKYO — Nissan Motor Company lowered its annual profit outlook, announced plans to cut 9,000 jobs and reduce capacity by 20%, as it seeks to cope with deteriorating sales in major markets.
New releases for your streaming pleasure: Aug 23-29
Guru, Nianne-Lynn Hendricks, Published on 23/08/2023
» Looking for a title to binge-watch this weekend? Here's our pick!
Rough week for equities as central banks talk tough
Business, Published on 24/06/2023
» RECAP: Asian stocks slumped in line with global equity markets, which have seen their worst week this year, as a string of hawkish central bank surprises made investors nervous about the economic cost of taming inflation.
Top executive quits Nissan in new leadership turmoil
AFP, Published on 16/06/2023
» TOKYO: Nissan top executive Ashwani Gupta is leaving the company, the Japanese automaker said Friday, in a surprise departure that will revive concerns about the stability of the firm's leadership.
Renault, Nissan boards approve 'rebalanced' alliance
AFP, Published on 06/02/2023
» LONDON - The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their rocky 24-year alliance following months of negotiations, the companies said on Monday.
Renault to reduce stake in Nissan, rebalancing alliance
AFP, Published on 30/01/2023
» TOKYO - French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.
Renault touts 'warm' Nissan ties as pair review alliance
AFP, Published on 15/11/2022
» TOKYO: There is a "warm atmosphere" within the Renault-Nissan alliance and a deal regarding its future will be announced "in due time", the French carmaker's chairman said Tuesday.
Nissan Presses Partner Renault to Sell Down Portion of Stake
Business, Published on 10/10/2022
» Nissan Motor Co. is pressing partner Renault SA to sell down a portion of its stake in the Japanese auto maker as part of a grand bargain to reorganize its more than two decade-old alliance with the French car company, according to people with knowledge of the talks.
Quitting Russia Could Be Just the Start of Renault's Shake-Up
Business, Published on 18/05/2022
» Renault SA has had a terrible few years, culminating in the costly exit from Russia announced Monday. But if this latest crisis finally forces the French car maker -- and its backseat-driving government shareholder -- to rethink its capital allocation, all might be forgiven.