Japanese automaker Nissan is considering raising more than 1 trillion yen ($7 billion) by issuing convertible securities and bonds, as well as a syndicated loan guaranteed by the UK government, Bloomberg News said on Wednesday.
Four decades ago, Hiroko Suzuki's father threaded the needle of a U.S. trade war by pushing the family auto-parts business into newer niche products. Now, tariffs imposed by the Trump administration are so sweeping they threaten her own attempt to diversify the 78-year-old company into medical devices.
Ford Motor Company (NYSE:F) is allowing Nissan to use part of its battery manufacturing facility in Kentucky amid a slowdown in electric vehicle demand, according to a Wall Street Journal (WSJ) report. This Kentucky plant is one of two battery factories Ford launched in 2021 as part of a $7 billion investment in partnership with South Korea's SK On.
Nissan is considering plans to shut two car assembly plants in Japan and overseas factories, including in Mexico, sources said on Saturday, as part of a cost-cutting plan the company flagged earlier this week.
Nissan CEO Ivan Espinosa said on Thursday he expects Japanese trade negotiators to move more quickly in the country's trade negotiations with the United States, adding he hoped to get clarity on trading rules for the Japanese automaker.
Nissan's new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it can reverse sliding top-line sales, analysts said, even as he moves to slash costs.
Nissan Motor Co., Ltd. (OTCPK:NSANY) Q4 2024 Earnings Conference Call May 13, 2025 6:15 AM ET Company Participants Julian Krell - Vice President of Investor Relations Ivan Espinosa - President and Chief Executive Officer Jérémie Papin - Chief Financial Officer Stephen Ma - Executive Officer, Chairperson, Management Committee for China Conference Call Participants Arifumi Yoshida - Citigroup Inc...
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.