Nissan to cut 20,000 jobs worldwide, reports | Money news Aitrend

Nissan to cut 20,000 jobs worldwide, reports | Money news

 Aitrend

Nissan is expected to announce a jump in its cost reduction plans which will see 20,000 jobs worldwide, according to reports in Japan. The car manufacturer, which employs around 6,000 workers in its tentacular manufacturing operations in Sunderland, had already suggested last November that 9,000 roles would take place in the midst of low sales … Read more

Honda and Nissan announce plans to merge after Japanese auto giants struggle to compete with rivals in electric vehicles | Money News Aitrend

Honda and Nissan announce plans to merge after Japanese auto giants struggle to compete with rivals in electric vehicles | Money News

 Aitrend

Japanese automobile giants Honda and Nissan have announced plans to merge. That would make it the third-largest automaker by sales, behind Toyota Motor Corp and Volkswagen AG. The two companies announced that they had signed a memorandum of understanding that would also include smaller companies. Nissan Alliance member Mitsubishi Motors is participating in the integration … Read more