Nicholas Takahashi

Nissan Motor Co. lowered its annual profit outlook and announced plans to cut 9,000 jobs and reduce capacity by 20%, as it seeks to cope with detoriorating sales sales in major markets.

(Bloomberg) -- Nissan Motor Co.'s struggles to cope with tougher car industry conditions and address internal weaknesses have spiraled, leaving the

(Bloomberg) -- Nissan Motor Co.'s struggles to cope with tougher car industry conditions and address internal weaknesses have spiraled, leaving the automaker no choice but to slash payroll, production and its forecasts for this fiscal year.

Nissan Motor Co. shares extended their losses Monday after moves to cut thousands of jobs and slash production capacity cast doubt on Chief Executive Officer Makoto Uchida’s plans to turn around the carmaker.

Nissan Motor Co.’s slow decline has accelerated at an alarming speed, drawing the attention of an activist investor.

Nissan Enters New Era of Turmoil as Effissimo Takes Stake Nicholas Takahashi 4 min read In This Article

A vehicle caught fire at one of Toyota’s plants Wednesday near its headquarters in Nagoya, Japan.

Speculation over a second activist hedge fund holding shares in Nissan Motor Co. added to the Japanese carmaker’s headaches, a little over a week after sinking profits and sales forced it to launch a last-ditch recovery plan.

(Bloomberg) -- Nissan Motor Co. shares jumped the most in 15 years after an activist investor took a 2.5% stake in the embattled Japanese automaker.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyUnder Trump, Prepare for New US Transportation PrioritiesArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictSuntera (Cayman) Ltd., a trustee of ECM Master Fund, was identified as the buyer of the stake in a filing

Carmaker has met sales targets just once in past nine years, as Ghosn-era practice of over-promising on goals still lingers