SMYRNA, Tenn. (WZTV) — Nissan has confirmed that its plants in Smyrna, Canton, and Decherd will experience job cuts. The company stated it would initially seek volunteers for the layoffs, offering severance packages to those who opt-in.
Nissan will operate a single shift on one production line at each of its two U.S. facilities, located in Smyrna and Canton, Mississippi, according to Bloomberg. It expects to go back to a two-shift schedule when it introduces new vehicle models in 2027 and 2028. The production cuts impact the Rogue in Smyrna and the Altima in Canton.
Renault is looking to secure a premium payout for its 36% stake in Nissan if Honda moves forward with an acquisition of its Japanese rival.According to a report from Bloomberg, representatives from the French automaker traveled to Japan this week to express concerns about the structure of a potential Honda-Nissan merger,
Renault executives travelled to Japan this week to meet counterparts at Nissan in an effort to maximise the value of the French automaker's stake in the Japanese firm ahead of its merger with Honda, a source close to the matter told Reuters.
The industry that helped turn Japan into an economic juggernaut is undergoing its biggest change in years, with two of the country’s best-known carmakers looking to join forces.
Nissan announced Wednesday that it's cutting U.S. production lines and offering employees voluntary buyouts to avoid layoffs.
Nissan plans to repair its flailing business without closing factories, according to people familiar with the matter, as it looks to streamline its finances before a capital tie-up with Honda.
Renault SA wants a premium for its stake in Nissan Motor Co. if Honda Motor Co. takes over control of the rival Japanese automaker, according to people familiar with the matter.
With a sharp exterior and a modern cabin, the new Murano is much improved. If you caught a glimpse of this SUV in a crowded parking lot, would you be able to tell it's a Nissan Murano? Hell, would you be able to recognize it as a Nissan at all?
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