Try GOLD - Free
Japanese auto seeks new ignition in tech, India
Mint Bangalore
|November 01, 2025
Then, Nissan announced a refresh strategy—Re:Nissan—toregain itsmojoamid mounting losses and layoffs.
-
On 13 May. it announced that it would cut 11,000 jobs and shut seven factories to survive falling sales in China and struggles in the US market.
Its chief executive, Ivan Espinosa, said during the same-day press briefing that the company is backing several refreshes ofits core models—such as Leaf EV, Ariya, along with the launch of its Patrol model in the Japanese market from 2027—to reinvigorate sales in key markets.
Thiscomesasthe company expects a $1.8 billion loss for 2025-26, primarily due to the impact of US tariffs.
Honda also suffered steep losses, nearly halvingits June-quarter profit to 244.17 billion yen. The management attributed the reversals to US tariffs, as America is one of its largest markets.
This story is from the November 01, 2025 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
Walking in Mumbai's coastal forests
Mangroves in Gorai, Dahisar, Versova and Charkop, which protect the city, are under threat and citizens are fighting back
6 mins
May 16, 2026
Mint Bangalore
How capitalism destroyed a generation of Indians
Sahitya Akademi winner Mamta Kalia’s novel paints a terrifying portrait of a newly liberalised Indian economy
3 mins
May 16, 2026
Mint Bangalore
Jio widens feature phone strategy after Trai directive
Telecom firm Reliance Jio has opened its low-cost 4G feature phone plans to rival devices after the Telecom Regulatory Authority of India (Trai) flagged device-specific tariffs as ‘discriminatory’, said people aware of the matter and changes seen on the company’s website.
2 mins
May 16, 2026
Mint Bangalore
How slow looking can improve your life
Modern life primes us for novelty, speed and stimulation, but the real magic happens when we slow down and take our time with people, places and experiences
6 mins
May 16, 2026
Mint Bangalore
Supply delay hits BPCL, HPCL retail fuel pumps
Petrol pump dealers across several states said state-run fuel retailers Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) are supplying lower-than-ordered quantities of petrol and diesel amid rising demand.
1 mins
May 16, 2026
Mint Bangalore
Govt pushes rare earth bid window until June
India's heavy industries ministry has extended by a month the bid submission deadline for its ₹7,280 crore incentive scheme to set up five rare earth magnet manufacturing plants in India, following requests from interested companies for more time.
1 min
May 16, 2026
Mint Bangalore
Protecting the guardians of the dark
Last month, the ruins of Tughlaqabad in Delhi served as a backdrop to a unique morning walk.
5 mins
May 16, 2026
Mint Bangalore
No final order against Apple till 15 July, Delhi HC tells CCI
HC refused to grant Apple any extension to furnish domestic turnover details sought by CCI
2 mins
May 16, 2026
Mint Bangalore
Who roasts the roasters?
Roast comedy works around a fascinatingly self-referential format. The roast is the roast because it claims to be the roast.
4 mins
May 16, 2026
Mint Bangalore
Trump leaves Beijing with warm words for Xi, few wins
US President Donald Trump left China on Friday with no major breakthroughs on trade or tangible help from Beijing to end the Iran war, despite two days spent heaping praise on his host, Xi Jinping.
2 mins
May 16, 2026
Listen
Translate
Change font size