Volvo Cars said on Friday it had the best half-year sales and operating profit in the company's 94-year history, but the automaker warned the ongoing shortage of microchips would negatively affect its results in the second half.
Volvo Cars said on Friday it had the best half-year sales and operating profit in the company's 94-year history, but the automaker warned the ongoing shortage of microchips would negatively affect its results in the second half.
Nissan's sweeping restructuring plan unveiled by new CEO Ivan Espinosa came just six weeks after he was tapped to do what his predecessor couldn’t: Make hard decisions, deep cuts. Now Espinosa seems to be taking a page in radical reform from another non-Japanese Nissan leader who headed up a similarly ambitious revival 25 years ago, Carlos Ghosn.