Nissan welcomes new recruits in Japan
Carlos Ghosn, CEO of Nissan Motor Co., welcomes new recruits in Japanese at his company's initiation ceremony held in Tokyo, Japan, on April 1, 2008. (UPI Photo/Keizo Mori)
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TOKYO, Feb. 9 (UPI) -- Nissan Motor Co. said Monday it would lay off 20,000 workers, and joined other Japanese automakers announcing major losses for 2008.
LOS ANGELES, Nov. 20 (UPI) -- U.S. and foreign automakers have said development of fuel-efficient cars cannot proceed under the current economic environment.
DETROIT, Oct. 22 (UPI) -- The French and Japanese Renault-Nissan alliance has proposed purchasing around 20 percent of Chrysler LLC, sources said.
FRANKLIN, Tenn., July 23 (UPI) -- The slump in U.S. auto sales will likely continue through 2009, a top industry executive said.
AIX-EN-PROVENCE, France, July 5 (UPI) -- Renault, in response to soaring gas prices, plans to mass-produce electric cars, the French automaker's chief executive said Saturday.
MOSCOW, March 1 (UPI) -- French carmaker Renault has agreed to buy a minority stake in Russia's AvtoVaz, the company said.
YOKOHAMA, Japan, June 20 (UPI) -- No bonuses will be given to Nissan board members because the Japanese carmaker failed to reach annual performance targets, company officials said Wednesday.
TOKYO, March 16 (UPI) -- Nissan Motor Co.'s chief executive will give up his post as head of North American operations, the automaker said Friday in announcing a management shake-up.
DETROIT, Jan. 8 (UPI) -- The Renault-Nissan alliance seeks a U.S. partner, the alliance's chief executive said at the North American International Auto Show in Detroit.
DETROIT, Oct. 4 (UPI) -- Merger talks between the heads of General Motors Corp. and Nissan-Renault are off, to the likely consternation of a U.S. billionaire on GM's board.