Auto firm, Nissan on brink of ’collapse’

Tribune Online
Auto firm, Nissan on brink of ’collapse’

Japanese car manufacturing giant, Nissan is reportedly facing a critical financial crisis, with insiders warning the company may only have 12 months to survive. The automaker, which employs 7,000 people in the UK and 17,000 in the US, has launched an aggressive cost-cutting programme following substantial losses. Last month, Nissan…