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Japanese Carmaker Is Planning to Reduce Its Production in The Country by 15%

放大字体  缩小字体 Release date:2016-11-30  Views:56
Core Tip: Japanese carmaker 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

Japanese carmaker 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.

 
 
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