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Nissan will reduce to 20% of its global capacity production by march 2023

The japanese manufacturer Nissan announced Thursday its intention to reduce by about 20% of its global capacity of production by the end of march 2023, compared

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Nissan will reduce to 20% of its global capacity production by march 2023

The japanese manufacturer Nissan announced Thursday its intention to reduce by about 20% of its global capacity of production by the end of march 2023, compared to their level at the end of march 2019, closing in particular its plant in Barcelona, which employs some 3,000 people.

read also : Nissan is preparing to toughen its restructuring plan to spend the crisis

The group intends to make its annual capacity of production, currently 7.2 million units to 5.4 million units a year by 2022/23. The japanese automaker has furthermore announced Thursday a colossal net loss of 671,2 billion yen (5.7 billion euros) in 2019/20, well above its forecast, due to restructuring costs and impairments.

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

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