|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||378.20 - 387.40|
|52-week range||311.20 - 721.70|
|Beta (5Y monthly)||1.25|
|PE ratio (TTM)||N/A|
|Earnings date||28 Jul 2020|
|Forward dividend & yield||38.50 (9.74%)|
|Ex-dividend date||27 Sep 2019|
|1y target est||1,065.60|
After a 30-hour marathon of negotiations, Nissan Motor Co <7201.T> and the unions at its three Barcelona plants agreed to postpone the closure of the plants by one year, until December 2021, the company and unions said. Workers have been on strike since early May, a few weeks before Nissan announced the decision to leave Barcelona as part of a global turnaround plan. The UGT union leader at Nissan, Javier Hernandez, said the plants should gradually resume output starting Aug. 24.
Japanese automakers' China sales grew by more than 10% from a year earlier in July as the world's biggest auto market sustained its recovery. Nissan Motor Co <7201.T> said on Wednesday its sales in China rose 11.6% last month from a year earlier to 120,945 vehicles. China is a market that Nissan is focusing on as the embattled car maker struggles to fix problems from ousted leader Carlos Ghosn's aggressive expansion drive.
Workers at Nissan Motor Co. <7201.T> rejected a plan to postpone the closure of its Barcelona plants in exchange for resuming production in a first meeting with the management on Tuesday, unions said, but a second meeting was still taking place in the evening. Nissan has imposed a Tuesday deadline to reach a deal with unions on its proposal to postpone by six months, until June 2021, the closure of its Barcelona plants in exchange of resuming production and workers agreeing on the compensation they would receive once the factories would fully close. The three Barcelona plants, which employ around 3,000 workers and indirectly an additional 20,000, were originally due to close by December this year but Nissan said two weeks ago it was open to postponing it to give more time for authorities to find another company interested in the plants.