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Tags : Car Manufacturer


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Loss-making Nissan says on ‘path to recovery’

Struggling Japanese automaker Nissan said Thursday it was on the ‘path to recovery’ even as it reported a hefty $690-million loss for the second quarter. The results ‘reflect the challenges we face, yet they confirm that Nissan is firmly on the path to recovery’, chief executive Ivan Espinosa said...

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Carmakers face massive UK dieselgate lawsuit

Five major car manufacturers go on trial at London’s High Court on Monday in the latest chapter of the dieselgate emissions scandal that has rocked the global car industry for a decade.