Nissan suspends plants due to steel shortage
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Nissan Motor Co. Ltd., Japanâs second-biggest auto maker, said on Thursday it would suspend operations at three of its four domestic plants for five days each this month and next due to a shortage of steel.
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CHICAGO - Shares of steel companies tumbled Thursday, after a published report detailed the threat of a global steel oversupply due to China&#39;s new position as a net exporter.
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Production at the Vauxhall plant at Ellesmere Port in Cheshire is expected to grind to a halt today because of a components shortage caused by industrial action in Germany over job cuts.
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FRANKFURT, Germany -- Production resumed Monday at a General Motors plant in Ruesselsheim that was idled by a lack of parts after workers at another factory staged a six-day walkout protesting threatened job cuts.
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SUZUKA - A typhoon scheduled to hit the Suzuka track area today has led to regular qualifying for the Japanese Grand Prix being cancelled.
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TOKYO -- Nissan Motor Co. said Friday that profit tumbled 22.6 percent in the October-December quarter amid rising commodity costs, tougher competition and softening sales.
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The Nissan Motor Company said Thursday that a shortage of steel would force it to temporarily halt production at three of four of its auto factories in Japan, an unusual step
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TOKYO, DEC 2: Nissan Motor Co chief executive Carlos Ghosn said on Thursday he saw a risk that the companyâs vehicle output in Japan could be reduced by 15,000 units in March due to a shortage of steel.
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Japanese stocks rose for a second day, led by steelmakers such as JFE Holding Inc., after Nissan Motor Co. said a steel shortage will push it to suspend auto production at three plants, boosting optimism for metal demand.
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MUMBAI, AUG 23: Shares of steel firms fell in the range of 4 to 7 per cent early on Monday after top producers slashed prices amid government concerns about spiralling inflation, traders said.
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DETROIT -- General Motors Corp., Renault SA and Nissan Motor Co. said Wednesday that they have cut off discussions about forming a global automaking alliance.
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Nissan Motor shares have plunged by over eight percent after the Japanese automaker warned of the first drop in annual profits under its legendary chief executive and one-time saviour Carlos Ghosn.
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TOKYO : Production at Bridgestone&#39;s biggest tire plant in Japan remained suspended a day after a fire broke out at a rubber refining facility, a company spokesman said.
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Ford Motor Co. F.N said on Monday it  has stopped production at its assembly plant in Georgia for at  least a day because of lack of parts.
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DaimlerChrysler's high inventory -- built up due to weakening demand -- has triggered a halt in production at several U.S. auto assembly plants, the Wall Street Journal reported on its Web site on Thursday.
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Further strikes planned for Scotland's rail network are suspended following talks.
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BEIJING - A Chinese city has halted construction of a chemical plant after residents sent more than 1 million mobile phone text messages protesting possible pollution dangers, news reports said Thursday.  The $1.4 billion facility being built by Tenglong Aromatic PX (Xiamen) Co.