| Nissan to cut 20,000 jobs, forecasts big loss |
Feb 10th, 2009 |
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TOKYO: Japan’s Nissan Motor Co. said on Monday that it would cut 20,000 jobs worldwide and forecast a net loss of 265 billion yen ($2.9 billion) in this financial year to March due to the econom...
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| Government cash to scrap old cars |
Feb 10th, 2009 |
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The government is poised to offer consumers a large "scrappage" premium to get rid of old cars and buy new, eco-friendly models in a move to revitalise the ailing market. Manufacturers are pressing Lo...
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| Car cos see red as govt plans green rating by year-end |
Feb 10th, 2009 |
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NEW DELHI: A new law requiring auto makers to get green ratings which will measure the energy efficiency of the cars they produce is planned by the year-end, a government official said, but car com...
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| Nissan suspends sports activities as part of restructuring |
Feb 10th, 2009 |
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TOKYO — Nissan Motor Co said Monday its baseball, table tennis, and track and field teams will be suspended indefinitely while announcing loss forecasts for its mainstay business and a series o...
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| California cars go green |
Feb 10th, 2009 |
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In California, there is already a drive to reduce the carbon footprint of cars. That means a shift towards non-polluting all-electric vehicles, with no need at all for fossil fuels.
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| GM, Nissan To Cut Thousands Of Jobs |
Feb 10th, 2009 |
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Nissan said it is going to slash 20,000 jobs to cope with what the automaker expects will be its first annual loss in nine years.Japan's third-largest automaker expects its fiscal year to end with a n...
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| Electric van in 2010 |
Feb 10th, 2009 |
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New York (CNNMoney.com) -- Ford Motor Co. will introduce its first all-electric vehicle in 2010, but it will be intended for business owners - not families. The electric Transit Connect, a small van, ...
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| Nissan to cut 20,000 jobs |
Feb 9th, 2009 |
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plans to cut 20,000 workers worldwide because of losses in the global recession. The Japan-based Nissan plans to cut its labor cost by 20 percent to 700 billion Japanese yen, or $7.6 billion. The com...
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| Nissan says no job cuts planned in US |
Feb 9th, 2009 |
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NEW YORK -- Nissan said it does not expect further job cuts in the U.S. following its announcement of 20,000 cuts worldwide, according to a U.S.-based spokesman."We don't anticipate that you'll see f...
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| Global economic crises forces Ghosn to slash 20,000 Nissan jobs |
Feb 9th, 2009 |
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Tokyo - Nissan is slashing 20,000 jobs, or 8.5 percent of its global work force, to cope with what Japan's third-largest automaker expects will be its first annual loss in nine years.
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