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Nissan to cut global production capacity by 20% by March 2023

2020-05-28T14:45:44.085Z

The group has announced its decision to close its factory in Barcelona, ​​which employs 3,000 people.Japanese manufacturer Nissan announced on Thursday that it intends to reduce its global production capacity by around 20% by the end of March 2023 compared to its level in late March 2019, notably by closing its factory in Barcelona, ​​which employs around 3,000 people. . Read also: Nissan is preparing to tighten its restructuring plan to overcome the crisis The group thus plans to increase its ...



Japanese manufacturer Nissan announced on Thursday that it intends to reduce its global production capacity by around 20% by the end of March 2023 compared to its level in late March 2019, notably by closing its factory in Barcelona, ​​which employs around 3,000 people. .

Read also: Nissan is preparing to tighten its restructuring plan to overcome the crisis

The group thus plans to increase its annual production capacity, currently from 7.2 million units, to 5.4 million units per year in 2022/23. The Japanese automaker also announced on Thursday a colossal net loss of 671.2 billion yen (5.7 billion euros) in 2019/20, much higher than expected, due to restructuring costs and impairments. .

»SEE ALSO - Renault-Nissan-Mitsubishi: the strategic plan of the alliance presented by Jean-Dominique Senard

Read also: The Renault-Nissan-Mitsubishi Alliance prefers efficiency to expansion

Source: lefigaro

All news articles on 2020-05-28

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