Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping vehicle sales in China and other nations, and towering restructuring costs. Nissan said it will reduce the number of its auto plants to 10 […]
Toyota says President Trump’s tariffs will cost automaker $1.3 billion
White House signals it will ease tariffs affecting the auto industry White House signals it will ease tariffs affecting the auto industry 00:42 Japanese automaker Toyota said President Trump’s tariffs would cost the company $1.3 billion in just two months. Toyota highlighted the levies’ hit to profits at a press briefing on Thursday on its […]