Nissan is set to cut 1,200 jobs at Sunderland factory, rendering almost 33% of workforce jobless as demand for cars took big slump in Europe due to recession. 800 permanent positions and 400 temporary contracts will no longer exist, bringing Japanese manufacturer’s strength of 3,800 factory staff down to 2,600.
Nissan, the Japanese auto giant, has decided to suspend Micra car production at its flagship Sunderland plant for several weeks.
The credit crisis is tightening its grip on the real economy and Nissan’s move is a pointer that the economy is heading towards recession.
The production cut at the Sunderland plant would be in force until Christmas, [...]
More than 1,300 owners of the pre-sold Nissan GT-R entered the final stages of Pan European driving programme where instructors from Silverstone International introduced them to the super saloon.
The 19-day programme at Germany’s Nurburgring is being held after more than 500 owners got acquainted with the super saloon for the first time at the home [...]
At a time when car makers all over the world are facing a ruthless battering due to an out-of control-down-in-the-dumps U.S. market and spiraling raw material costs, Nissan has declared its plan of action to come out of the red. Speaking at a conference in Tokyo, Nissan’s President and CEO Carlos Ghosn has revealed Nissan’s [...]
Chief executive of Nissan and Renault, Carlos Ghosn, himself a symbol of promise and sweep of the global car industry, tabled a new 5 year plan Nissan GT 2012 for growth and trust; with stronger focus on emerging markets and technologies like electric cars, instead of financial goals. The plan aims at 55 average revenue [...]
Nissan has on Monday, the 7th of April, announced its decision to venture into the light commercial vehicle segment, with three new vehicles, that will be produced in the U.S. These cars will be designed keeping American sensibilities in mind and should be expected in the early parts of 2010.
Cashing in on the global demand [...]