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Automaker Nissan Is Selling Its Headquarters For $630 Million Amid Losses
Nissan Motor Co. will lease the building and continue to use it as its headquarters, while recording 73.9 billion yen ($480 million) as gains from the sale to Tokyo-based real estate operator MJI Godo Kaisha, it said in a statement.
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Nissan R35 GT-R 'Godzilla' Retires After 18 Years, Final Unit Rolls Off the Line
Nissan ends R35 GT-R production after 18 years, 48,000 units. Here are the details of the R35 GT-R's journey so far.
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Nissan Plans 30% Cut In Global Car Output Till December As Virus Hits Demand: Report
Nissan Motor Co is planning a 30% year-on-year cut in global vehicle production through December as falling demand due to the COVID-19 pandemic complicates its turnaround efforts, two sources with knowledge of the matter told Reuters.
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Nissan Cuts More Shifts At Japan Car Plants Due To Low Demand
Nissan Motor Co on Friday said it will cut more shifts at its three assembly plants in Japan due to falling demand, as the automaker struggles to recover from a drop in sales triggered by the coronavirus pandemic.
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Nissan COO Ashwani Gupta's Allies Push To Give Him Shared CEO Role: Report
Nissan's chief operating officer Ashwani Gupta helped engineer the troubled automaker's latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge.
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Japan Backs Nearly A Third Of $6.6 Billion Loans To Nissan
The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans. The automaker, seeking to return to profitability and stop bleeding cash, has secured 350 billion yen from it...
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Nissan To Close Global HQ, Other Japan Sites Through May 10 Due To Coronavirus
Nissan Motor Co said on Tuesday it will shut its global headquarters in Japan for 16 days through early May to contain the spread of the coronavirus, even though the government has permitted keeping workplaces open to get the economy running.
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Ex-Nissan Boss Ghosn Says He Is In Lebanon, Denies Fleeing Justice In Japan
Ghosn was released from prison in March on a $9 million bail, among the highest-ever paid in Japan, after the court rejected an appeal by prosecutors to keep him in jail.
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Nissan CEO Hiroto Saikawa Admits To Being Overpaid: Reports
The CEO of crisis-hit Japanese automaker Nissan received more pay than he was entitled to, local media reported Thursday, as the firm reels from the arrest of its former chief for financial misconduct.
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With Easy Ride Trial, Nissan Takes New Step Towards Being Uber's Competitor
Facing a future in which self-driving cars may curb vehicle ownership, Nissan Motor Co is taking its first steps to becoming an operator of autonomous transportation services, hoping to break into a segment set to be dominated by Uber Technologies and other technology firms.
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Nissan Sales Halved In Japan. Here's Why
The drop comes after Nissan admitted it had failed to meet domestic rules on final vehicle inspections and recalled around 1.2 million vehicles produced and sold in Japan for re-inspection.
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Nissan's Inappropriate Inspections Started At Least 20 Years Ago
An internal investigation at Nissan had shown that for at least 20 years the automaker had not been following proper procedures for final inspections required by Japan's transport ministry of all vehicles sold in the country.
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Automaker Nissan Is Selling Its Headquarters For $630 Million Amid Losses
Nissan Motor Co. will lease the building and continue to use it as its headquarters, while recording 73.9 billion yen ($480 million) as gains from the sale to Tokyo-based real estate operator MJI Godo Kaisha, it said in a statement.
-
Nissan R35 GT-R 'Godzilla' Retires After 18 Years, Final Unit Rolls Off the Line
Nissan ends R35 GT-R production after 18 years, 48,000 units. Here are the details of the R35 GT-R's journey so far.
-
Nissan Plans 30% Cut In Global Car Output Till December As Virus Hits Demand: Report
Nissan Motor Co is planning a 30% year-on-year cut in global vehicle production through December as falling demand due to the COVID-19 pandemic complicates its turnaround efforts, two sources with knowledge of the matter told Reuters.
-
Nissan Cuts More Shifts At Japan Car Plants Due To Low Demand
Nissan Motor Co on Friday said it will cut more shifts at its three assembly plants in Japan due to falling demand, as the automaker struggles to recover from a drop in sales triggered by the coronavirus pandemic.
-
Nissan COO Ashwani Gupta's Allies Push To Give Him Shared CEO Role: Report
Nissan's chief operating officer Ashwani Gupta helped engineer the troubled automaker's latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge.
-
Japan Backs Nearly A Third Of $6.6 Billion Loans To Nissan
The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans. The automaker, seeking to return to profitability and stop bleeding cash, has secured 350 billion yen from it...
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Nissan To Close Global HQ, Other Japan Sites Through May 10 Due To Coronavirus
Nissan Motor Co said on Tuesday it will shut its global headquarters in Japan for 16 days through early May to contain the spread of the coronavirus, even though the government has permitted keeping workplaces open to get the economy running.
-
Ex-Nissan Boss Ghosn Says He Is In Lebanon, Denies Fleeing Justice In Japan
Ghosn was released from prison in March on a $9 million bail, among the highest-ever paid in Japan, after the court rejected an appeal by prosecutors to keep him in jail.
-
Nissan CEO Hiroto Saikawa Admits To Being Overpaid: Reports
The CEO of crisis-hit Japanese automaker Nissan received more pay than he was entitled to, local media reported Thursday, as the firm reels from the arrest of its former chief for financial misconduct.
-
With Easy Ride Trial, Nissan Takes New Step Towards Being Uber's Competitor
Facing a future in which self-driving cars may curb vehicle ownership, Nissan Motor Co is taking its first steps to becoming an operator of autonomous transportation services, hoping to break into a segment set to be dominated by Uber Technologies and other technology firms.
-
Nissan Sales Halved In Japan. Here's Why
The drop comes after Nissan admitted it had failed to meet domestic rules on final vehicle inspections and recalled around 1.2 million vehicles produced and sold in Japan for re-inspection.
-
Nissan's Inappropriate Inspections Started At Least 20 Years Ago
An internal investigation at Nissan had shown that for at least 20 years the automaker had not been following proper procedures for final inspections required by Japan's transport ministry of all vehicles sold in the country.
