From Carscoops, November 27:
- The brand recently announced that roughly 6% of its US workforce will accept early retirement offers by the end of the year
- Due to slowing sales and struggling finances, Nissan may only survive for 12-14 months if it can’t find a new anchor investor.
- Nissan recently revealed it is selling more than 149 million Mitsubishi shares.
The Frontier and Rogue account for roughly 30% of the brand’s US sales.
Nissan is cutting production in the US through to the end of March 2025 in a move that will impact the output of the popular Frontier and Rogue....****....In August, Honda, Mitsubishi, and Nissan announced they would work together to build electric vehicles and software. While this tie-up has been positioned as a partnership, former Nissan and Renault boss Carlos Ghosn has suggested it could be a disguised takeover of Mitsubishi and Nissan by Honda.
....MUCH MORE