Nissan to cut vehicle production by 15% in Japan

ABR Staff Writer
Published 22 June 2012

Japanese carmaker Nissan is planning to reduce its production in the country by 15% with rising manufacturing costs triggered by a stronger yen and declining domestic demand.

Nissan will halt production at one of two lines at the company's main Oppama facility in Tokyo, which will cut its yearly domestic production to 1.15 million units from 1.35 million, according to the Jakarta Globe.

Nissan added that the production line would be used for testing new models.

Further, the carmaker's move will conclude domestic production of four models, which include the Note and Tiida hatchbacks, and Tiida Latio sedans as well as some of the plant's Tiida Latio production will be transferred to Thailand.

Nissan's Oppama plant produces nearly 430,000 units per year.

ohio university ohio university keystone xl pipeline idaho potato bowl cagayan de oro cagayan de oro bowl schedule 2011