Nissan outlined a three-point plan for reversing its tumbling fortunes in the key U.S. market amid plunging profits, hemorrhaging cash and imploding sales. The only catch: The company needs more time.
The Berlin-Brandenburg higher administrative court issued an injunction against further construction as it considers a challenge to the project by environmentalists.
GM is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.