The facility's 2,400 workers will remain in their current roles until the plant closes in 2028, with the company vowing to maintain communication with employees in the months to come.

TOKYO -- Japanese automotive supplier Marelli Holdings' skid into bankruptcy -- its second in three years -- shows the risks ...

The Southfield-based aluminum wheel manufacturer will be acquired by an investor group led by Oaktree Capital Management in a ...

Bankruptcy professionals are keeping a close eye on tariffs, the trade war with China, unrest in the Middle East, and high ...

A new report reveals Nissan is asking suppliers to delay payments to boost cash flow. Learn why the automaker is taking drastic measures to ease spending amidst significant financial challenges ...

News, trends, strategies and best practices related to labor and workforce management. This cross-publication newsletter features a broad range of news, discussions, and new product content produced ...

PARIS (Reuters) -- Renault will book a one-off loss of about 9.5 billion euros ($11 billion) on its stake in Nissan Motor, ...

[TOKYO] Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters, as the troubled ...

TOKYO — Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters, as the troubled ...

Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters, as the troubled Japanese ...

Is Nissan raising the red flag? Nissan is cutting about 15% of its workforce and is now asking suppliers for more time to make payments. Nissan starts job cuts, asks supplier to delay payments As ...