The carmaker has been looking for solid financing and new business partners after it lost a lifeline with the collapse of its tie-up with Honda.

Struggling auto giant Nissan said Tuesday it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year. Nissan posted a net loss of 671 billion yen (about $6,55 billion) last year and it has said it will cut 15 percent of its

Nissan will close its flagship Oppama assembly plant in Japan by 2028, marking a decisive turning point in its global restructuring; 2,400 jobs are at risk