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India

Naomi Tajitsu

Nissan plans big cuts to go small after first loss in 11 years

28 May 2020

TOKYO Nissan Motor Co outlined a new plan on Thursday to become a smaller, more efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.

Nissan to set out survival plan after expected annual loss

28 May 2020

TOKYO Nissan Motor Co will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annual operating loss in 11 years.

Nissan to set out survival plan after expected annual loss

28 May 2020

TOKYO, May 28 Nissan Motor Co will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annual operating loss in 11 years.

UPDATE 3-Renault and Nissan rule out merger as they unveil survival plan

27 May 2020

PARIS/TOKYO, May 27 Renault, Nissan Motor Co and Mitsubishi Motors Corp ruled out a merger on Wednesday and doubled down on a plan to cooperate more closely on car production to save costs and salvage their troubled alliance.

Renault and Nissan rebuild their alliance to ride out the coronavirus storm

27 May 2020

TOKYO/PARIS When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world's biggest automaker by 2022.

France warns Renault could disappear; Nissan plans job cuts

22 May 2020

PARIS/TOKYO Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe. | Video

Japan may end Tokyo state of emergency as early as next week - PM

21 May 2020

TOKYO Japan may lift the state of emergency in Tokyo as early as next week if new coronavirus infections remain low, Prime Minister Shinzo Abe said on Thursday, raising hopes that the world's third-largest economy may soon start recovering from recession.

Tokyo top prosecutor quits, justice minister says, in blow to Japan's Abe

21 May 2020

TOKYO Tokyo's top prosecutor resigned on Thursday for gambling during Japan's coronavirus state of emergency, the justice minister said, in another blow to Prime Minister Shinzo Abe, whose support has waned over his handling of the pandemic.

Subaru braces for coronavirus impact after full-year profit rises

18 May 2020

TOKYO Subaru Corp on Monday posted a 15.7% rise in annual operating profit in the year that ended in March as it recovered from a raft of product recalls last year, but warned that sales of its cars would take a hit from the coronavirus outbreak.

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