The automaker plans to consolidate its assembly plants from 17 to 10 by 2027.
May 14, 2025
YOKOHAMA, Japan—Nissan Motor Co. posted a net loss of $4.5 billion for its 2024-25 fiscal year and will cut 15 percent of its global workforce over the next two years.
SEOUL, Korea/NASHVILLE, TN—This deal, SK On's first partnership with a Japanese automaker, contributes to U.S. manufacturing growth, supporting 1,700 jobs, and involves a $661 million investment from SK On. This investment is in addition to Nissan's $500 million investment in EV production at Canton.
LAS VEGAS, NV—“For me, it’s quite exciting,” Toyoda said. “I’m looking forward to seeing how they cooperate and develop innovative, competitive products. This would be a positive step not just for Japan but for the global automotive market.”
TOKYO—Honda Motor Co. and Nissan Motor Co. have signed a memorandum of understanding to begin “a feasibility study of a strategic partnership in the fields of vehicle electrification and intelligence.”