Reported about 6 hours ago
Nissan Motor Co. experienced a decrease in shares after reports indicated the automaker would cut production in the U.S., coinciding with President-elect Trump's announcement of potential tariffs on imports from Mexico and Canada. The company is projected to produce 100,000 fewer vehicles this fiscal year, impacting various models, while also planning to eliminate 9,000 jobs. In light of its declining profit and stock volatility, Nissan is seeking a stable long-term investor to help stabilize its situation.
Source: YAHOO