NSANY

Nissan (NSANY) To Invest $1.4 Billion In UK Factory To Produce EVs

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Nissan NSANY plans to invest $1.4 billion to upgrade a factory in northeast England to build electric versions of two of its best-selling cars. The investment is expected to boost the country’s struggling economy. The carmaker currently builds gasoline or gas hybrid Qashqai and Juke crossovers at its factory in Sunderland. Source: finance.yahoo.com

Nissan Motor Co. (NSANY) Increases Wages For U.S. Workers Following Agreement With UAW

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Nissan NSANY announced wage increases for 9,000 U.S. factory workers after the United Auto Workers (“UAW”) reached a new contract with the Detroit Three. The 10% wage increase will be effective for production, maintenance, tool and mold technicians from January 8, 2024. Workers below the maximum salary level are also eligible… Source: finance.yahoo.com