Tag: Auto industry
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
TOKYO -- TOKYO (AP) — Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and...
Hit by scandal, Japan's top automaker Toyota reports lower profits
TOKYO -- Toyota’s July-September profit sank to less than half of what it was in the same period the previous year, as a...
Japanese automaker Honda reports lower profits as China sales decline
Honda said its profits slipped nearly 20% in the first half of the fiscal year from the same period the previous year, as...
Troubled carmaker Stellantis reports 27% plunge in 3Q revenues as it cleans up US inventories
MILAN -- MILAN (AP) — Troubled carmaker Stellantis on Thursday reported a 27% plunge in net revenues during the third quarter as gaps...
Volkswagen says cost cuts are urgently needed as its earnings decline sharply
BERLIN -- Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced...
Volkswagen's employee council says automaker plans to close at least 3 German plants
BERLIN -- Volkswagen has informed employee representatives that it wants to close at least three plants in Germany, the head of the company's...