Nissan must watch cash given chances of second coronavirus outbreak, says CEO

makoto uchida

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 of infections may add to liquidity issues, CEO Makoto Uchida informed Reuters on Thursday. “With the coronavirus situation, our cash liquidity is quite tough,” Uchida […]

Nissan to use high-tech production system amid pressure to cut costs

2017 Nissan GT-R NISMO

Nissan Motor is bringing a new, higher-tech production system worldwide to try to increase efficiency as it looks to reverse a slide in profitability. The upgraded equipment and other technologies, which consist of increased automation for applying sealant and installing powertrains, will be presented starting with Nissan’s Tochigi factory from 2020 at a cost of […]