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Nissan to slash jobs, production after forecasting $2.9 billion loss
Mon, 09 Feb 2009Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode on Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back model launches and delay new factories.
Nissan Titan still has a future
Mon, 18 Jan 2010Even without a deal to team up with Chrysler Group on a new pickup, Nissan Motor Co. plans to keep the Titan truck in its lineup and develop a new range of models on its own. "We will do the next-generation Titan in-house," Larry Dominique, Nissan North America Inc.'s vice president for product planning, told Automotive News last week at the Detroit auto show.
Cadillac Escalade drivers shouldn't have passengers up front
Tue, 20 May 2014It seems like every day General Motors is adding to its already extensive list of recalls. This makes 2014 a tough year for the automaker, bringing the total number of safety recalls up to 29. Today's recall is for the Buick Enclave, Chevrolet Traverse, GMC Acadia full-size crossovers from 2009-2014 and Saturn Outlooks from 2009-2010.