The Guardian | Nissan ponders building cars for Chinese rivals at Sunderland plant by Jasper Jolly

AI generated summary, Read the full article for complete information.

Nissan’s chief executive Ivan Espinosa confirmed that the company is “looking at options” for its Sunderland plant and its 6,000 workers, amid steep annual losses and a recent closure of one production line due to weak demand. While no partner has been announced, Nissan has held talks with China’s Chery to potentially produce its vehicles at the UK site, seeking to boost volume and make better use of the plant’s capacity. This follows a broader trend of European carmakers, including Ford and Stellantis, exploring collaborations with Chinese firms to share under‑used factories as Chinese brands gain market share in Europe. Nissan’s European operations remain a small portion of its global business, and the Sunderland plant—its largest in the UK—has been affected by broader cost‑cutting measures, job cuts and a ¥533 billion (£2.5 billion) net loss for the year ended March. Espinosa emphasized the need for external collaborations to improve profitability and adapt to an uncertain operating environment.

Read more: https://www.theguardian.com/business/2026/may/13/nissan-ponders-building-cars-for-chinese-rivals-at-sunderland-plant-chery

#Nissan #IvanEspinosa #automotiveindustry #manufacturingsector

Ransomware Evolves With Post-Quantum Encryption, New Extortion Tactics

Ransomware attacks may be on the decline, but don't let your guard down - attackers are getting smarter, ditching encryption, and selling stolen data, with the manufacturing sector alone losing a whopping $18 billion in just three quarters. The threat may have evolved, but the damage and risk remain very real.

https://osintsights.com/ransomware-evolves-with-post-quantum-encryption-new-extortion-tactics?utm_source=mastodon&utm_medium=social

#Ransomware #PostquantumEncryption #ExtortionTactics #EmergingThreats #ManufacturingSector

‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?
By Heather Stewart and Jasper Jolly

The economic warnings are bleak, but full extent of shortages are still not felt for many European countries

https://www.theguardian.com/business/2026/may/10/degree-complacency-supply-chains-prepared-impact-iran-war

#Supplychaincrisis #Economics #Globaleconomy #Business #UKnews #Europe #USnews #Worldnews #MiddleEastandnorthAfrica #Iran #Manufacturingsector #Oil #Commodities #HeatherStewart #JasperJolly