TOKYO -- Japanese automaker Nissan Motor will cut seven of its 17 factories under its new CEO's sweeping restructuring strategy aimed at turning the loss-making company around.
Automobiles
Nissan to cut 7 car plants after massive net loss of $4.5bn
New CEO faces early test in market buffeted by Trump tariffs
Nissan President and CEO Ivan Espinosa speaks during a press conference in Yokohama on May 13. (Photo by Mizuho Miyazaki)
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