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The Latest Breaking News from Ivan Espinosa

‘We’ve future-proofed’: how UK’s biggest car factory upgraded for EV revolution

Nissan builds in capability to go fully electric at Sunderland plant amid scaling back of transition targets across Europe

The Guardian - UK

Why Americans Could Pay More as Nissan Collapse Looms and China Tightens EV Grip

Nissan faces potential collapse following Honda's failed merger, reporting a $4.5 billion loss amid US tariffs threatening $3.1 billion annually. The CEO warns of difficult decisions ahead.

International Business Times UK

The Global Nissan-Honda Merger Failed. But A U.S. Partnership Is Very Much Alive

Plus, Volkswagen is delaying its Audi plant in the U.S. and the country’s raw lithium production is getting a boost.

InsideEVs

From analysis to the latest developments in health,
read the most diverse news in one place.

Nissan Still Has 'No Clear Plan' for the Next GT-R

Nissan has been very adamant that the GT-R will be back. What's less certain is the form that a new iteration of the iconic sports car might take—electric, combustion, or hybrid. Currently, it's something the automaker is actively exploring.

Motor1

Tokyo auto show highlights technology but Trump's tariffs loom large

The Tokyo Mobility Show is showcasing futuristic transport, including robotic chairs and helicopter-like aircraft

The Independent UK

Nissan's Boss Would 'Love' a New Sports Car

It’s hard to believe 12 years have passed since Nissan taunted enthusiasts with a pair of concepts. The IDx Freeflow and IDx Nismo previewed an exciting future for an affordable rear-wheel-drive coupe that ultimately never came to fruition.

Motor1

Nissan's Comeback Plan Is So Crazy It Might Just Work

Things aren’t exactly peachy for Nissan at the moment. Following a failed merger attempt with longtime rival Honda, the Japanese auto conglomerate now faces a massive restructuring. That means Nissan will eliminate thousands of jobs, shutter dozens of factories, and lose hundreds of millions of dollars in profit in the…

Motor1

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Nissan's Comeback Plan: Fewer Headrests

As part of his plan to save Nissan, new CEO Ivan Espinosa is instigating $1.7 billion in cuts to variable costs. Espinosa has a guy to do that job, Tatsuzo Tomita, who Automotive News refers to as Nissan’s "cost czar," which is fun. For months, Tomita has been soliciting ideas…

Motor1

EVs Cost Way More To Insure Than Gas Cars. Here's How Much.

Today on Critical Materials: EV insurance is through the roof, the Nissan GT-R gas-only era is done for, and China uses Terawatts of electric for EVs per month.

InsideEVs

The Nissan GT-R's 'Godfather' Wants a Gas-Powered R36

Earlier this week, enthusiasts bid farewell to the mighty GT-R. After 18 years of production and about 48,000 cars built, the R35 is officially no more. Nissan’s CEO, Ivan Espinosa, promises that Godzilla will roar again someday, but one big question remains: will it still have a combustion engine? The…

Motor1

This Is The Last Nissan GT-R. But a New One Is Coming, Eventually

The inevitable has happened. Nissan is bidding a fond sayonara to the beloved GT-R. After 18 years of production, the R35 has reached the end of the assembly line. Around 48,000 units have been built since the first rolled off the Tochigi plant line back in 2007. The final example…

Motor1

Nissan racks up red ink, but the Japanese automaker promises a return to profit later this year

Japanese automaker Nissan has reported a 115.8 billion yen, or $782 million, loss in April-June, but is promising to return to profitability later this year

The Independent UK

Nissan Takes 'Tough But Necessary Decision' to Close a Factory

The “Re:Nissan” recovery plan, outlined a few months ago, includes reducing the number of production sites from 17 to 10. One of the factories slated for closure has now been identified, with newly appointed CEO Ivan Espinosa calling it a “tough but necessary decision.” The Oppama Plant, located in the…

Motor1

Nissan to Suppliers: Will You Take an IOU?

Under new CEO Ivan Espinosa and after a failed merger attempt with Honda, Nissan is trying to turn things around. That means mass layoffs, pausing work on some new models, and now, asking suppliers if they'll take an IOU.

Motor1

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The Independent UK

Nissan looks to axe hundreds of jobs at Sunderland plant

Nissan Motor Corp racked up a $4.5 billion loss for the fiscal year through March

International Business Times UK

Nissan Sees Hope in £5.19 Billion UK Government Loan: What's the Plan To Curb Their Losses?

Nissan is negotiating a £1 billion syndicated loan backed by UK Export Finance to support its Sunderland plant.

InsideEVs

Audi Went To China To Build Cars. China Rebuilt Audi Instead

Today on Critical Materials: Audi learns some lessons in China, Tesla loses its tech crown and Nissan looks to stop the bleed by offering buyouts to employees.

Motor1

Nissan: We Have 'People Working' On a New GT-R

Nissan is undertaking a massive cost-cutting agenda after losing billions in recent years due to sales falling short of investments. While the new product roadmap centers on the usual suspects, crossovers and SUVs, there’s still hope for fun cars. The Z is soldiering on and could one day be joined…

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Motor1

Toyota Contacted Nissan After Honda Merger Failed: Report

On December 23, 2024, Nissan and Honda signed a memorandum of understanding (MOU) to explore a potential merger. However, the negotiations didn’t last long before the two Japanese automakers parted ways. On February 13, 2025, the companies officially ended talks, partly because Nissan was against becoming a Honda subsidiary. While…

InsideEVs

‘Arrogance': How U.S. Battery Inventions Supercharged China’s EVs

Believe it or not, the first rechargeable lithium-ion batteries were invented in the U.S. Even Early nickel-manganese-cobalt (NMC) cathodes were developed at Argonne National Laboratory. The lithium-iron-phosphate (LFP) battery, too, originated in the U.S., with foundational work led by battery pioneer John Goodenough at the University of Texas at Austin.

Motor1

Nissan's New Boss Candidly Admits What Went Wrong

The first order of business for Nissan’s new CEO is to put the struggling company into recovery mode. Drastic decisions were made from day one: slashing 20,000 jobs, closing seven factories, eliminating six platforms, reducing parts complexity by 70 percent, and halting the development of certain models. These are the…

The Guardian - UK

Nissan open to making cars for Chinese partner in Sunderland, says CEO

Ivan Espinosa says UK plant will not be hit by cost cuts as Japanese firm reveals seven factories to close

Fortune

Japanese carmakers slash profit outlooks as they face down U.S. tariffs and Chinese EVs

Toyota and Honda cut their annual forecast by double digits. Nissan declined to issue one for the time being.

Motor1

Nissan Lost $4.5 Billion Last Year. Here's How It Plans to Survive

Nissan just had its worst financial year in over two decades. The Japanese brand announced its final results for Fiscal Year 2024 (FY24), which ended on March 31. As expected, the numbers are down. Way down.

Euronews

Nissan to shed 20,000 jobs as Japanese automaker reports loss

Nissan is slashing about 15% of its global workforce, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended.

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