325 Articles
Green
Nissan abandons Trump's emissions fight with California

Says it's sure Biden administration, California can agree on one set of standards

Nissan said Friday that it will no longer support the Trump administration in its legal fight to end California's ability to set its own auto-pollution and gas-mileage standards. The announcement is another sign that a coalition of automakers backing the outgoing administration could fall apart. General Motors ended its support for the Trump administration's battle with California on emissions standards last week.

Green
Japan considers banning sale of new gasoline-powered vehicles in mid-2030s

It's quickly turning into a global trend

Japan may ban sales of new gasoline-engine cars by the mid-2030s in favour of hybrid or electric vehicles, public broadcaster NHK reported on Thursday, aligning it with other countries and regions that are imposing curbs on fossil fuel vehicles. The move would follow Prime Minister Yoshihide Suga's pledge in October for Japan to slash carbon emissions to zero on a net basis by 2050 and make the country the second G7 nation to set a deadline for phasing out gasoline vehicles in a little over two

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'Do or die': Nissan to lay off thousands, close plants in $4.4 billion plan

Cutting models, curbing Ghosn's expansionism in face of a sales slump

Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said. The moves come on top of a turnaround plan unveiled in July and are likely to include cutting Nissan's range of cars and the array of product options and trims in each line, slashing jobs mostly at head offices in the United States and Europe, and reducing advertising a

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