TOKYO >> Nissan Motor said on Friday it would abandon a plan to build a $1.1 billion factory for electric vehicle batteries ...

Nissan has canceled plans for a $1.1B EV battery plant in Japan due to weak performance. It also announced a record net loss ...

Nissan Motor has reportedly decided to abandon its plan to build a $1.1bn electric vehicle (EV) battery factory on the ...

Nissan CEO Makoto Uchida’s drastic moves include layoffs and pay cuts, but more is needed. With new tariffs looming, the company’s U.S. sales and profits could face serious setbacks.

Japanese automaker Nissan’s chief executive, Makoto Uchida, is stepping down after the company reported dismal financial results and its merger talks with Honda collapsed. Nissan Motor Corp ...

The Japanese automaker is absorbing losses resulting from its bold turnaround plan.

Nissan announced plans to build a lithium iron phosphate (LFP) battery plant, which was expected to create around 500 jobs.

Junk rating - Nissan's shares have shed more than 40 percent of their value over the past year, and in March, the company's then-CEO Makoto Uchida said he was stepping down. Meanwhile ratings agencies ...

“Despite these challenges, we have significant financial resources, a strong product pipeline and the determination to turnaround Nissan in the coming period,” Chief Executive Ivan Espinosa said in a ...

Nissan Motor said on Friday it would abandon a plan to build a $1.1 billion factory for electric vehicle batteries on Japan's ...