Nissan announces it will close two auto plants, in Spain and Indonesia, as it sank into the red for the first time in 11 years, as the coronavirus pandemic sent global demand plunging and halted production.
TOKYO — Nissan announced Thursday it will closing two auto plants, in Spain and Indonesia, as it sank into the red for the first time in 11 years, as the coronavirus pandemic sent global demand plunging and halted production.
Nissan’s Chief Executive Makoto Uchida told reporters the production in Europe will be centered at the British plant in Sunderland, and the production in Indonesia will move to Thailand, as the Japanese automaker reduces global production by 20%. Nissan Motor Co. reported Thursday a 671.2 billion yen loss for the fiscal year ended in March, its first annual loss since getting slammed by aftermath of the financial crisis in the year ending in March 2009.
Yokohama-based Nissan had recorded a 319.1 billion yen profit the previous fiscal year through March 2019. Nissan said its global vehicle production dropped 62% in April to 150,388 vehicles from a year ago. Global vehicle sales slipped nearly 42% last month.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Spain says Nissan has decided to close its Barcelona plantJapan's Nissan Motor Co has decided to close its factory in Barcelona, resulting in the loss of about 3,000 jobs as part of a worldwide restructuring plan, the Spanish government said on Thursday.
Lire la suite »
Nissan Motor to close Barcelona plant: El PaisJapan's Nissan Motor Co will close its factory in Barcelona, resulting in the loss of about 2,800 jobs, Spanish newspaper El Pais reported, citing government and union sources.
Lire la suite »
Renault and Nissan rule out merger as they unveil survival planRenault , Nissan Motor Co and Mitsubishi Motors Corp ruled out a merger on Wednesday and instead said they would cooperate more closely on vehicle development to slash costs and salvage their troubled alliance.
Lire la suite »
Nissan, Renault to Divide Up World Markets in Cost-Cutting PushNissan, Renault and Mitsubishi unveiled a new strategy for their alliance that they said would leverage each member’s strength and cut costs.
Lire la suite »
Renault and Nissan deepen cooperation in bid for survivalRenault , Nissan Motor Co and Mitsubishi Motors Corp said on Wednesday they would each take a lead on car manufacturing in different regions in a wide-ranging revamp of their partnership to slash costs and survive.
Lire la suite »