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Nissan considering plant closures in Japan, overseas: Reuters
- Nissan is reportedly planning to close two car assembly plants—one located in Japan and another overseas—in an effort to reduce expenses, following an announcement made earlier this week.
- This plan follows new CEO Ivan Espinosa’s aggressive turnaround strategy, marking a sharp break from predecessor Makoto Uchida, who opposed domestic plant closures.
- The Japanese plants under consideration include the Oppama plant, established in 1961 with 3,900 workers and 240,000 car capacity, and the Shonan plant, producing commercial vans with 150,000 units capacity and 1,200 employees, while Mexico’s Civac plant is centralizing production.
- For fiscal year 2024, Nissan sold 3.3 million vehicles, marking a 42% decline compared to 2017, and announced plans to reduce its global production facilities from 17 to 10 while cutting its workforce by approximately 15%.
- If closures proceed, Nissan would have three domestic plants remaining, sufficient to serve Japan’s market and maintain exports, marking its first domestic shutdowns since 2001, indicating a significant structural shift.
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Coverage Details
Total News Sources58
Leaning Left4Leaning Right4Center9Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 24%
C 53%
R 24%
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