Nissan to cut 9,000 jobs as profits plunge 93%

Japanese carmaker Nissan says it will cut 9,000 jobs globally, after net profit in the April to September period plunged 93.5% year-on-year. The company has struggled with weak EV sales in China and has missed the hybrid boom in the US. But first, Germany’s “traffic light” coalition has collapsed over differences on economic policy.  At the … Read more

Auto & Transport Roundup: Market Talk

Find insight on Schneider National, auto parts suppliers, protectionist trade policies, and more in the latest Market Talks covering the Auto and Transport sector. Source link