On 29 October, General Motors (GM) declared its intention to reduce the manufacture of batteries and electric vehicles in the United States. In response to a slowdown in demand for battery cars, it plans to lay off 1,200 employees at its EV facility in Detroit and 550 at a
After a turbulent year that left the Japanese automaker struggling to turn itself around, Nissan Motor announced massive fresh cost cutbacks on 13 May, announcing the closure of seven sites and the elimination of 11,000 further positions. Nissan nearly lost its profit in the most recent fiscal year after
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A brand ambassador is a person who represents a corporation and serves as its "face." The candidate should ideally be a tastemaker in their community, with plans to sell the brand through existing networks and contacts. In addition, a brand ambassador will represent her company at special events,
The French automotive giant Renault announced that it has acquired Nissan's 51% stake in a joint venture called Renault Nissan Automotive India Private Limited (RNAIPL). The company's operations in India now fall completely under the control of Renault, which makes the RNAIPL a Renault subsidiary that