Lose

Nissan Is In Financial Trouble. Now It May Lose an Important Part of its Manufacturing History

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Nissan Is In Financial Trouble. Now It May Lose an Important Part of its Manufacturing History

Nissan’s situation is dire, and its new CEO is implementing drastic measures to turn around the company’s fortunes. Last week, the automaker announced it would close its Oppama Plant in Japan by March 2028. It’s one of seven Nissan plants to close, and the other six could include two factories in Mexico. A new report … Read more

Stellantis Is Set to Lose Insane Amounts of Money Over Tariffs

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Stellantis Is Set to Lose Insane Amounts of Money Over Tariffs

Stellantis, parent company for industry giants like Jeep, Dodge, and Ram, made the bold move to suspend its full-year financial guidance back in April, citing uncertainties regarding tariffs. On Monday, the company revealed some preliminary estimates for the first half of 2025, now that the tariffs have begun to take effect. And the numbers aren’t … Read more