Nissan CEO Hiroto Saikawa attends a press conference to announce first-quarter earnings at the company's headquarters in Yokohama on Thursday. Photo: REUTERS / Issei Kato

Nissan to cut 12.500 jobs globally after quarterly profit drop of 98,5

Japanese automaker Nissan Motor Co. said it is eliminating 12.500 jobs and warned that a rapid recovery in its

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Shortly after taking office, President Donald Trump's government eliminated the greenhouse gas and mileage requirements enacted by his predecessor, Barack Obama. Photo: GETTY IMAGES NORTH AMERICA / AFP / Archive

Carmakers make emissions deal with California in repudiation of Trump

Four major automakers announced they have reached an agreement with California to produce more economical cars for the market.

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In this July 8 2019 photo, Subaru cars are parked to wait for export at Kawasaki port near Tokyo. Data released by the Finance Ministry Thursday show that Japan's exports fell 6,8% over the same month last year, while imports fell 5,2%. (Photo: AP / Koji Sasahara)

Japanese exports fall in June, hit by global trade wars

Japan's exports fell in June, when merchandise exports were hit by world wars, according to data released

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General Motors CEO Mary Barra and United Auto Workers President Gary Jones open negotiations on the 2019 contract with the traditional ceremonial handshake. Photo: AFP

GM and Fiat Chrysler: Automotive industry faces tough future

With the closure of factories during the start of negotiations for a new contract, the head of General Motors, Mary

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A Nissan Altima car with a China Stage VI emission standard is seen at a dealership in Beijing, China, on 23's June 2019. Photo taken at 23 in June of 2019. REUTERS / Yilei Sun

Chaotic application of new emission rules affect automakers in China

The Buick dealer in Shanghai at the end of April found himself in an unknown dilemma: how to sell almost 80 sedans

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An autonomous car e-Palette model is shown at a press conference by Monet Technologies Inc., a joint venture of SoftBank Corp. and Toyota Motor Corp., which will develop stand-alone car services in Tokyo, Japan on March 28. 2019. REUNIONS / Issei Kato / Stock Photo

Monet to receive investments from five Japanese automakers

The auto-joint venture of SoftBank Corp and Toyota Motor will receive investments from five more Japanese automakers,

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A driver recharges the battery of his Tesla car at a Tesla Super Charging station at a gas station on the road in Sailly-Flibeaucourt, France, 12's January 2019. Photo: REUTERS / Pascal Rossignol

US withdraws tariffs on Japanese aluminum due to Tesla request

The US Department of Commerce has agreed to Tesla Inc's request to suspend 10% tariffs on

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United Auto Workers spokesman Brian Rothenberg speaks at a news conference after workers voted to reject union membership at the Chattanooga Volkswagen factory in Chattanooga, Tenn., On Friday. Source: The Associated Press

Volkswagen plant in the US rejects unionization

Workers at the Volkswagen factory in Chattanooga, Tenn., Voted Friday night against the formation of a union in

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A logo of the Renault car company is seen outside of a car dealership in Nice, France, 29 March of 2016. REUTERS / Eric Gaillard / Stock Photo GLOBAL BUSINESS WEEK AHEAD

Renault and Nissan enter into governance conflict

Renault has signaled that it will prevent the Nissan alliance's partnership from adopting planned governance reforms, unless

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