Nissan Plans to Cut More Than 10,000 Jobs Globally: Kyodo

The video discusses the global challenges facing the auto industry, including job losses and market pressures in China, the US, and Europe. It highlights the impact of technology on the industry and the need for consolidation. Specific job cuts by Ford, Volkswagen, and Nissan are detailed, with a focus on Nissan's struggles due to global headwinds and internal issues, including a rift with Renault and profit declines.

What is one of the main reasons for the global pressure on automakers?

• Surge in oil prices

• Weakness in major global markets

• Consistent market growth in Europe

• Increased demand for electric vehicles

Which company announced 12,000 job cuts in June?

• Volkswagen

• Ford

• Renault

• Nissan

What is a significant challenge Nissan is facing apart from global market pressures?

• High production costs

• Leadership crisis and alliance issues

• Lack of innovation

• Excessive government regulations

What did Nissan's CEO say about the company's financial state earlier this year?

• Nissan is unaffected by global trends

• Nissan is experiencing moderate growth

• Nissan has hit rock bottom

• Nissan is at its peak performance

What is the relationship between Nissan and Renault described as?

• Unchanged and stable

• Simmering with tension

• Strong and cooperative

• Completely dissolved