Tagged: Nissan

27/07/2024

Mitsubishi Motors Joins Honda and Nissan Alliance, Forming Auto Group with Over 8 Million Sales

Japan’s Mitsubishi Motors is poised to join forces with Honda Motor and Nissan Motor, forming an auto group with combined sales surpassing 8 million vehicles, according to a report by the Nikkei business daily...

Nissan Slashes Annual Outlook as U.S. Discounts Erase Q1 Profit, Stock Plunges 7%

Business

25/07/2024

Nissan Slashes Annual Outlook as U.S. Discounts Erase Q1 Profit, Stock Plunges 7%

Japan’s Nissan Motor slashed its annual outlook on Thursday after deep discounting in the United States almost completely wiped out the automaker’s first-quarter profit, confounding analysts’ expectations and sending Nissan stock plunging 7%. Investors...