Nissan CEO Ivan Espinosa said the automaker is undergoing a major overhaul to address deep-rooted structural issues.

Japanese carmaker Nissan has said it will cut another 11,000 jobs globally and shut seven factories as it shakes up the ...

Nissan unveiled sweeping new cost cuts Tuesday, saying it would eliminate 11,000 more jobs and scale back production, capping a tumultuous year that has left the Japanese automaker fighting to turn ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Nissan Motor posted a net loss of more than 4.5 billion dollars last year. The write-down of about 3.4 billion dollars in the ...

Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer demand.

But Espinosa’s restructuring plan is doing some of the heavy lifting already. As the divide between cars and other kinds of advanced electronics narrows, and BYD continues to advance, there is little ...

The newly-installed CEO of Nissan has reaffirmed the brand’s commitment to competing in SUPER GT’s top GT500 class amid a ...

Honda has become the latest global automaker to revise its electrification plans by announcing it will reduce its investments in electric vehicles (EVs) and instead prioritise advancements in its ...

Nissan is reportedly set to sell its global headquarters in Yokohama in a desperate bid to rescue the firm. The struggling ...