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Nissan May Be in Big Trouble, And Honda Could Save Day

Nissan In Dire Straits But Could Honda Save The Day?

Nissan will cut 9,000 jobs, slash production and sell off shares in Mitsubishi to try to stem the rot. Can new partner Honda save the day?

Reuters · 1d

Nissan and Honda would drive better together

It's time for Toyota Motor's two biggest domestic rivals to deal with their problems by joining forces. Nissan Motor's woes are the more obvious: poor results prompted the $9 billion manufacturer into an emergency overhaul this month.

TopSpeed on MSN · 3d

Nissan May Be in Big Trouble, And Honda Could Save The Day

The sale of equity shares would most likely come out of Renault's ownership portion of Nissan, which may potentially be sold to Honda. The cause of Renault-Nissan's restructuring is reportedly due to a sharp decline in sales in the U.S. and Chinese market.

Couriermail · 2d

COMMENT: Why Nissan is in trouble

While the brand earned plenty of (unwanted) attention this week following a Financial Times report that the company is on the brink of collapse, this has been building for years. Remember when Mitsubishi’s Australian boss said there would be a “ bloodbath ” in the car industry?

Nissan CFO Set to Step Down

Seeking Alpha on MSN · 15h

Nissan finance chief Stephen Ma set to resign: report

Financial Officer Stephen Ma is set to resign, Bloomberg reported Saturday, citing people familiar with the matter. According to the report, it wasn’t clear if May would be demoted or leave the auto maker.

Reuters on MSN · 23h

Nissan CFO Stephen Ma to step down, Bloomberg News reports

Nissan Motor's CFO Stephen Ma is set to step down, Bloomberg News reported on Saturday, citing people familiar with the matter, weeks after the Japanese automaker issued a profit warning and announced plans to cut thousands of jobs globally.

Business Insider · 15h

Nissan CFO Stephen Ma To Step Down : Report

Chief Financial Officer Stephen Ma is set to step down. It is uncertain whether Ma will be demoted or leave the company entirely, as the move has not been officially announced. This change comes 17 months after Ashwani Gupta left his role as chief operating officer,

NextBigFuture2d

Will Nissan be the First Major Car Company Bankrupcy in 12 Months?

Renault is selling its 36% share of Nissan and without a new major investor Nissan will go bankrupt in 12-14 months.

GlobalData on MSN1d

Nissan’s global production down for fifth consecutive month

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Report: Nissan in Madison County to slash number of cars made. Will jobs be affected?

Bloomberg News has reported that Nissan plans to build 100,000 fewer vehicles than last year at its plants in Mississippi and ...

Nissan October production down globally except in Mexico, but Trump tariff threat looms

Nissan Motor said on Thursday its global production fell for a fifth straight month in October, led by downshifts at most of ...

3don MSN

Nissan Slashing US Production By 17% As It Fights For Survival

The brand recently announced that roughly 6% of its US workforce will accept early retirement offers by the end of the year ...

Motor Authority3d

Insider says Nissan has “12-14 months to survive”

The Financial Times, citing insider sources, has now reported that Nissan is seeking an anchor investor to help the automaker ...

Bloomberg L.P.4d

Nissan Falls on Report of Further Production Cuts, Tariffs

then briefly erased the losses in the afternoon session after the Financial Times reported the Japanese automaker is ...

3don MSN

Is Nissan Going Out Of Business? Here's What We Know

Insiders claim Nissan may be only a year away from collapse if something big doesn't change. Here's what we know about the ...

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Nissan May Be in Big Trouble, And Honda Could Save Day

Nissan CFO Set to Step Down

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