Azernews.Az

Tuesday July 23 2024

Nissan Motor cuts nearly 10% of its production capacity in China

23 June 2024 09:00 (UTC+04:00)
Nissan Motor cuts nearly 10% of its production capacity in China

Nissan Motor has cut production capacity in China amid declining sales in the country, where electric vehicles are spreading rapidly, Azernews reports citing the NHK World-Japan.

The Japanese firm says it has halted production of gas-powered sport utility vehicles at its factory in Changzhou in the province of Jiangsu.

The plant, jointly operated with its local partner, was capable of producing 130,000 vehicles annually, accounting for nearly 10 percent of Nissan's production in China.

Japanese automakers are reviewing their strategies in the Chinese market.

Mitsubishi Motors decided to withdraw from China last year, while Honda Motor is cutting its full-time production workforce at a joint venture through voluntary retirement.

---

Follow us on Twitter @AzerNewsAz

Loading...
Latest See more