Nissan Motor Co. said that next month, it will reduce by about 15% its production capacity in Japan, according to the Nikkei. From a domestic capacity of 1.35 million annually, it will now be down to 1.15 million units. Nissan also aims to roll out 1.22 million vehicles in Japan in fiscal 2012. The strengthening yen has hurt the competitiveness of Japanese automakers when it comes to exports. Last January, Nissan said that it will lessen the amount of exports from Japan in order to minimize the impact of the rising yen. Nissan will not be laying off its workers but will be suspending one of the two production lines at its key Oppama plant in Kanagawa Prefecture. It said that Nissan will end the Tiida output in Japan. Output will be increased in growing markets like China, Brazil and Russia. Nikkei also said that the suspended production facilities at Oppama will be converted into a prototype line meant to support the quick launch of operations at factories in emerging markets.
Nissan will reduce production capacity in Japan by 15%
by Andrew Christian, Email, 25 Jun, 2012
2013 Nissan GT-R
