South Korea’s Hyundai Motors stated on Monday its provisional May sales dropped 39% year-on-year to 217,510 vehicles worldwide, as the coronavirus outbreak continued to damage demand in key markets. Sales however
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The Japanese government has guaranteed nearly a third of the 713 billion yen ($6.65 billion) in loans Nissan Motor has secured from its major lenders to weather the coronavirus pandemic,
Geely Automobile Holdings stated on Friday it raised HK$6.48 billion ($836 million) from a share placement as the Chinese automaker looks to refill its coffers to finance growth in the
Nissan Motor workers in Barcelona have protested following the automaker’s announcement that it will close its Spanish plant as part of its global restructuring. Nissan revealed a four-year streamlining plan
Japanese automaker Nissan Motor’s cash situation is “tough” as the coronavirus pandemic has damaged car sales, and the automaker must be careful in the coming months as a second wave
Spain will do everything it can to get Japanese automaker Nissan to reverse its decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya stated on Thursday. Leaving the
Nissan Motor said on Thursday it would cut its production capacity by a fifth to help decrease its fixed costs by 300 billion yen ($2.8 billion) as it looks to
Japanese automaker Nissan Motor will close its factory in Barcelona, Spain. The move will result in the loss of about 2,800 jobs, Spanish newspaper El Pais reported, citing government and
Japanese automaker Nissan Motor stated on Wednesday it prepares to start resuming its closed U.S. auto manufacturing operations from June 1. Nissan’s vehicle assembly plant located in Canton, Mississippi and
Renault, Nissan Motor and Mitsubishi Motors have ruled out a merger on Wednesday and doubled down on a strategy to cooperate more closely on auto production in order to save
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