Japanese automaker Nissan Motor Co. $7201.T has unveiled a fresh wave of cost-reduction measures, including a planned reduction of 11,000 jobs globally, as the company confronts subdued performance in two of its key markets — the United States and China. The announcement came alongside the disclosure of its fiscal 2025 results, which showed an operating profit of ¥69.8 billion ($472.13 million), a modest figure for a company once considered a titan of the global auto industry.
On Thursday, Japanese company Nissan Motor $NSANY announced its expectation of a record net loss ranging from 700 to 750 billion yen (approximately $4.91 billion to $5.26 billion) for the fiscal year ending in March. The significant downturn is attributed to write-offs linked to the company’s restructuring efforts.
Nissan Motor $7201.T is poised to strengthen its presence in the Chinese automotive market with an announcement of plans to invest over 10 billion yuan (approximately $1.37 billion) by the end of 2026. This strategic decision underscores Nissan's commitment to tapping into one of the world’s largest automotive markets, as articulated by Steven Ma, the head of Nissan's operations in China.
The Japanese automotive giant, Nissan Motor, is considering a pivotal move in response to evolving US economic policies. According to the Nikkei business daily, Nissan may shift part of its domestic production of vehicles designed for the US market directly to American soil. This decision comes as a reaction to heightened tariffs on imports, prompted by the trade policies of former US President Donald Trump.
Japanese automotive giant Nissan Motor Co. recently announced that it will halt new orders for two Infiniti SUV models, the QX50 and QX55, in the United States. The decision comes as a direct response to the high tariffs on vehicles imported into the US, imposed during Donald Trump’s presidency. This move is expected to significantly reduce production at the COMPAS plant, a joint venture between Nissan and Mercedes-Benz in Mexico. Production for other international markets, however, will continue as planned.
Japanese automaker Nissan Motor has recently come under the spotlight due to shifts in the US automotive policy. On Thursday, the company announced the suspension of new orders for two Infiniti SUVs destined for the American market. This decision came in response to additional tariffs imposed on Mexican-made vehicles by former President Donald Trump. These changes impact both Nissan's production strategy and its supply structure to key markets.
