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The Latest Breaking News from Makoto Uchida

Nissan CEO delivers tough-luck news to workers

Its CEO warned that it faces an "extremely tough situation."

The Street

Nissan CEO Who Cut His Monthly Pay in Half to Address 'Severe Situation' Will Still Make Millions This Year

Makoto Uchida, the CEO of Nissan, offered to take a 50 percent pay cut for himself, as his company's shares continued to plummet.

International Business Times

Nissan CEO Voluntarily Takes 50% Pay Cut As Automaker Announces Layoffs For 9,000 Workers

Nissan CEO Makoto Uchida has volunteered to cut his salary by 50% as the company announces plans to lay off 9,000 employees in response to declining sales and financial challenges.

International Business Times UK

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Nissan Enters 'Emergency Recovery Mode'

Nissan, king of the 84-month auto loan, is still in trouble. The once-thriving brand has been spinning its tires to get out of a bad situation by throwing piles of cash in an attempt to convince consumers to buy its cars—but that wasn't enough. Now it's pressing the big red…

InsideEVs

Nissan Reports Loss, Cuts Jobs, And Plans Restructuring

Nissan Motor Corp. faces financial challenges, plans workforce reduction and production cuts. CEO takes pay cut, vows turnaround strategy.

Top News

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned

The Independent UK

Nissan Announces 9,000 Job Cuts, Slashes Sales Forecast

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle "a severe situation".

International Business Times

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Japan rivals Nissan and Honda will share EV components and AI research as they play catch up

Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving

The Independent UK

Nissan Is In A Death Spiral

Today on Critical Materials: Nissan's 99% profit drop is a death spiral, ChargePoint CEO unafraid of election outcome, and why won't Tesla sell its cars?

InsideEVs

Japanese automaker Nissan lowers its profit forecast amid incentive, inventory woes

Nissan has lowered its full fiscal year outlook after the Japanese automaker reported a 73% decline in profit in the April-June quarter compared to the previous year

The Independent UK

Nissan Shares Plunge After Profit Warning

Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States.

International Business Times

Nissan Annual Net Profit Nearly Doubles On-year

The Japanese automaker said demand was rising at home as well as in North America, Europe and China, where it has struggled to compete with fast-growing electric vehicle firms backed by Beijing.

International Business Times

Chinese EVs are winning – here's how Ford, Nissan, Honda and more are fighting back

Many of the world's major automotive manufacturers are concerned about the threat of cheaper Chinese EVs. We explore how they are reacting and whether it's enough.

TechRadar

Why Nissan's future plans for its U.S. offerings is vital for its reputation

The Japanese automaker plans to introduce new versions of its aging cars.

The Street

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news in one place.

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The Street

Here's how Nissan plans to catch up to unexpected EV surge

Nissan is looking to make some big changes.

InsideEVs

Nissan's Comeback Plan Includes EVs 30% Cheaper Than Ariya, More Models

Nissan's 'The Arc' business plan outlines 30 new models to be launched by 2026, 16 of which will be "electrified."

The Street

Two legendary Japanese automakers are teaming up against the EV establishment

The two companies are looking into how they can share crucial EV tech.

The Guardian - UK

Honda and Nissan join forces on electric car technology to chase Chinese rivals

Deal between Japanese carmakers involves components and software amid race to catch up with Chinese EV firms

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news in one place.

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International Business Times

Nissan Accelerates UK Electric Car Production

Japanese auto giant Nissan announced Friday it would invest up to GBP2 billion in UK electric car manufacturing, which the government touted as a sign of confidence in the sector.

The Guardian - UK

Nissan to build three new electric car models at Sunderland plant

Carmaker confirms full details of £2bn investment, including battery factories

InsideEVs

Nissan Has Plans To Bring Lower-Cost EVs To Market. But When?

Nissan CEO Makato Uchida talks about the viability of lower-cost electric vehicles at the 2023 Japan Mobility Show.

Evening Standard

Dramatic new concept car marks 20 years of Nissan’s design studio in London

Hot hatch electric car ‘launched’ on the Grand Union Canal

The Independent UK

Nissan to go all-electric in Britain by 2030 despite Sunak net zero delay

Nissan’s chief executive says ‘there is no going back now’ on all-electric commitment

The Guardian - UK

Nissan vows to go all-electric by 2030 despite Sunak delay on petrol ban

Carmaker says it will ‘press ahead’ with plans to achieve 100% EV in Europe and all new models will be entirely electric

The Independent UK

Japan automaker Nissan reports profit rise despite China stumble, outlines Renault alliance

Nissan and Renault have redefined its French-Japanese auto alliance into a more equal one in cross-shareholdings

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