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Report
Nissan willing to postpone Barcelona plant closures by six months

But only if workers resume production

Nissan Motor Co. is willing to postpone until June 2021 the closure of its three Barcelona plants, which had originally been due to close by December 2020, but only if workers resume production, a top executive said on Tuesday. The decision to shut its three Barcelona plants and lay off around 3,000 workers was announced in May as part of a turnaround plan for Nissan, triggering protests by workers and a commitment by Madrid to convince the company to stay. The postponement deal would also imp

Report
Nissan plans to slash May car output in Japan by 78%

The coronavirus pandemic has piled urgency on Nissan's efforts to downsize

Japan's Nissan Motor Co Ltd plans to slash the number of cars it produces at home in May by 78% from last year, as the impact of the coronavirus shakes the troubled automaker which has already been struggling with falling sales. As global automakers reel from plunging sales amid lockdowns imposed in many countries to curb the spread of the virus, the hit is particularly severe for Nissan, whose profitability has been deteriorating as it grapples with the turmoil that followed the ousti

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