The company has launched US employee buyouts and suspended global merit-based pay raises as part of a restructuring plan that includes job cuts, plant closures, and a $7 billion capital raise to manage mounting debt and weak margins.
LEHIGH VALLEY, Pa., May 27, 2025 (SEND2PRESS NEWSWIRE) -- Kelly Auto Group is proud to announce that Kelly Nissan, Kelly Toyota, and Kelly Hyundai of Hamburg have each earned the Top Dealer Award by their respective manufacturers. This prestigious recognition highlights the dedication, performance, and unwavering passion that each store brings to their brand, their customers, and the greater automotive industry. - News from Kelly Automotive Group, issued by Send2Press Newswire
Ford has idled one of its $7B EV battery plants in Kentucky and will share the active site with Nissan, amid slowing EV demand, rising costs, and a looming $2.5B tariff hit.
Stuart, FL - May 15, 2025 - SLRspeed, a leading manufacturer of high-performance drift and suspension components, has announced the release of three critical products designed to serve grassroots drifters, competitive racers, and serious enthusiasts alike: low profile car ramps, precision toe plates , and a full line of drift-spec coilovers .
Nissan announced major steps to reconfigure global operations, including cutting thousands of jobs and closing half of production plants to stabilize finances.
A Microsoft spokesperson told CNBC that the software giant continues to implement “organizational changes necessary to best position the company for success in a dynamic marketplace.”
Nissan has canceled plans for a $1.1B EV battery plant in Japan due to weak performance. It also announced a record net loss and plans for restructuring.
Leading Asian import auto repair shop Integrity Imports (318-741-6687), based in Bossier City, LA and serving Shreveport, Benton, and Haughton, announces a new scheduled maintenance program designed to help customers avoid costly, unexpected repairs.
When it comes to EV charging, the first step is understanding the different types of charging cables available. Choosing the right cable depends on several factors, including the type of vehicle you own, the type of charging station, and your personal preferences regarding speed and convenience.
Las Vegas, Nevada - April 24, 2025 - Mods4cars is now launching its retrofit SmartTOP convertible top control system for the 7th Gen Ford Mustang convertible. “We are delighted that we can now also offer a smart convertible top solution for the 7th Gen Ford Mustang Convertible,” says PR spokesman Sven Tornow. The SmartTOP modules are retrofitted to the vehicle to make the convertible top more convenient to operate.
Salesforce Director Kapildev Deivasigamani has been appointed as a judge for the 2025 Global Recognition Awards. With 20+ years of technology leadership experience and expertise in AI, cloud solutions and digital transformation, he brings valuable industry insights to evaluate groundbreaking achievements across multiple categories.
Jean-Dominique Senard was Nissan’s vice chairman and will step down at the end of the annual general meeting of shareholders scheduled for June, the Japanese automaker said.
In a surprise move on Wednesday morning, Trump announced on Truth Social that he would join the meeting and expand the agenda to include military cost-sharing and what he called “trade fairness.”
