logo
Nissan to cease production at its Oppama plant

Nissan to cease production at its Oppama plant

Yahoo4 days ago
Nissan Motor Company announced that it plans to shut down vehicle production at its Oppama plant in Japan's Kanagawa Prefecture at the end of the 2027 fiscal year. The decision is part of a previously-announced, Re:Nissan global restructuring plan in which the company said it plans to close seven of its seventeen vehicle assembly plants currently in operation globally.
The Oppama plant was originally opened in 1961 and currently produces the Note and Note Aura compact models, employing around 2,400 people. Production will be transferred to the company's plant in Kyushu, Fukuoka Prefecture.
The Japanese automaker confirmed that the decision only affects the Oppama assembly plant, within the Oppama district. Other operations in the district, such as the Nissan Research Center, the Grandrive proving ground, the nearby crash test facility, and Oppama Wharf, will be unaffected by the decision and will continue to operate as usual. Nissan said it will explore 'a wide range of options' for the future utilization of the Oppama plant after production ends.
Nissan's CEO, Ivan Espinosa, said in a statement: "Today, Nissan made a tough but necessary decision. It wasn't easy—for me or for the company—but I believe it is a vital step toward overcoming our current challenges and building a sustainable future. The Oppama Plant is a proud part of our history, and its legacy will endure. I want to sincerely thank our employees, the local community, and our partners who have supported this plant with dedication and heart. We will continue to operate in the Oppama area with strong support for the local community, as we carry forward the spirit of the Oppama plant and work to restore Nissan's true value."
Under the Re:Nissan restructuring programme, Nissan aims to reduce its global production capacity from 3.5 million units per year (excluding China) to 2.5 million units. The company has determined that discontinuing operations at its Oppama plant and consolidating production at its Kyushu facility is 'the most effective solution to reduce capacity in Japan, based on the plant's production capacity, cost efficiency, and investment requirements.'
The company confirmed that consolidating production at Kyushu will help it 'significantly reduce manufacturing costs in Japan, strengthen plant competitiveness, improve product profitability, and support Nissan's long-term growth.' Nissan also announced that production of the NV200 at its Shatai Shonan Plant in Japan will end in fiscal year 2026, with a successor planned to be launched in fiscal year 2027.
"Nissan to cease production at its Oppama plant" was originally created and published by Just Auto, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Erreur lors de la récupération des données
Connectez-vous pour accéder à votre portefeuille
Erreur lors de la récupération des données
Erreur lors de la récupération des données
Erreur lors de la récupération des données
Erreur lors de la récupération des données
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Asia markets set to open mixed as investors assess trade developments, await China benchmark rates
Asia markets set to open mixed as investors assess trade developments, await China benchmark rates

CNBC

timean hour ago

  • CNBC

Asia markets set to open mixed as investors assess trade developments, await China benchmark rates

Asia-Pacific markets were set to start the day mixed Monday, with investors keeping a close watch on the People's Bank of China's decision on its 1-year and 5-year loan prime rates for July, as well as the latest developments on the trade front. Trade came into focus once again over the weekend as the White House reiterated its position on tariffs. On Sunday, U.S. Commerce Secretary Howard Lutnick called Aug. 1 the "hard deadline" for countries to start paying tariffs, though he also added that "nothing stops countries from talking to us after August 1." Good morning from Singapore. Investors will be keeping a close watch on the People's Bank of China's decision on its 1-year and 5-year loan prime rates for July expected later in the day. Futures for Hong Kong's Hang Seng index stood at 24,883, pointing to a stronger open compared with the HSI's Friday close of 24,825.66. Australia's S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,688, compared with its last close of 8,757.20. Japanese markets were closed for a public holiday. — Amala Balakrishner The S&P 500 and Dow Jones Industrial Average ended Friday in the red, with stocks turning lower in afternoon trading as tariff fears took over. The 30-stock Dow lost 142.30 points, or 0.32%, ending at 44,342.19. The S&P 500 inched 0.01% lower to close the session at 6, tech-heavy Nasdaq Composite added just 0.05% to settle at 20,895.66. — Pia Singh

Honda Chief Sheds Light on Red Bull's Alleged Plans to Replace Yuki Tsunoda
Honda Chief Sheds Light on Red Bull's Alleged Plans to Replace Yuki Tsunoda

Newsweek

time12 hours ago

  • Newsweek

Honda Chief Sheds Light on Red Bull's Alleged Plans to Replace Yuki Tsunoda

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Honda Racing Corporation (HRC) president Koji Watanabe has opened up about rumors of Red Bull Racing parting ways with Yuki Tsunoda during the Formula One summer break next month. Watanabe addressed the topic after discussions with Red Bull during the British Grand Prix weekend. Honda has backed Tsunoda's racing career extensively. The Japanese automaker is also Red Bull's current power unit supplier, a relationship that reportedly influenced Tsunoda's promotion to Red Bull in March. Watanabe met Tsunoda at Silverstone and addressed concerns surrounding his performance. The 25-year-old driver has been struggling to adapt to Red Bull's RB21 F1 car. This also affected Liam Lawson in the first two Grands Prix of 2025, eventually leading to his demotion to junior F1 team Racing Bulls. Tsunoda is placed 17th in the Drivers' Standings, having scored points in just three Grands Prix out of twelve thus far. At Silverstone, Tsunoda finished P15. His teammate Max Verstappen has also been struggling to win races, and Red Bull's push to enhance the RB21's performance has yielded little success. Watanabe was asked about Tsunoda's performance in an interview. Revealing his opinion, he said: Yuki Tsunoda of Japan and Oracle Red Bull Racing arrives in the Paddock prior to practice ahead of the F1 Grand Prix of Austria at Red Bull Ring on June 27, 2025 in Spielberg,... Yuki Tsunoda of Japan and Oracle Red Bull Racing arrives in the Paddock prior to practice ahead of the F1 Grand Prix of Austria at Red Bull Ring on June 27, 2025 in Spielberg, Austria. More"Looking at the results from the outside, my honest impression is that they are struggling more than we expected. However, after keeping in contact with Yuki and listening to him, it seems that he is taking a more positive view than we thought. "If the car's fighting power can be improved and they can seize the opportunity, I believe they can still do well. To that end, we at HRC will continue to provide them with our full support going forward as always." [Translated by Google] The HRC president was then asked about rumors of Tsunoda's potential replacement during the summer break next month. Watanabe revealed that no such talks were held with Red Bull before confirming that Tsunoda will race for the Milton Keynes-based team until the end of the 2025 season. He said: "First of all, there has been no discussion about switching over during the summer break. In the first place, in the discussions with Red Bull in March, we agreed to transfer Yuki to Red Bull by saying, 'Just because his performance is a little poor, we will not start discussions about switching over right away, but will take a long-term view.' "So, I don't think he will be switched over during the summer break. I know there are various rumors, but I confirmed with the team at Silverstone, where the British Grand Prix was held, and I would like to make it clear that, basically, Yuki will race for Red Bull until the end of this season. "I think that is also a reflection of Red Bull's high expectations for Yuki. Those expectations have not changed, and if he can achieve results somewhere in the second half of the season, I think that will expand his possibilities for the future." [Translated by Google] Related: Red Bull to Part Ways With Yuki Tsunoda After 2025 Season: Report

4 Japanese Cars That Break Down More Than the Average Vehicle
4 Japanese Cars That Break Down More Than the Average Vehicle

Yahoo

time15 hours ago

  • Yahoo

4 Japanese Cars That Break Down More Than the Average Vehicle

If you're in the market for a reliable vehicle, Japanese automakers typically have good reputations for building cars that will hold up for years. But that doesn't mean all Japanese cars are great bets for reliability. Be Aware: Learn More: Here's a look at four specific new and used cars from Japanese automakers that may give you more headaches than you expect. 2025 Nissan Frontier Price: $32,050 to $45,610 When it comes to unreliable car brands, Nissan has been making a name for itself. Specifically, according to Consumer Reports, the 2025 Nissan Frontier ranks among the least reliable vehicles. Consumer Reports made the rankings based on detailed data from members. The Frontier had a predicted reliability rating of 27/100. Consider These: 2015 Scion IQ Price: $7,725 You may not be surprised to see this tiny hatchback on the list of Japanese cars that may not hold up for a long time. According to Consumer Reports, it's one of the lowest-scoring cars they tested in recent years. Among the complaints are that this vehicle is slow, noisy and pretty uncomfortable. You may also want to put aside a good amount of money for possible repairs. 2016 Honda CR-Z Price: $10,475 to $12,250 While Honda vehicles generally make good choices for reliable rides, you may want to seriously consider if the Honda CR-Z is really the best buy for your next vehicle. The idea of creating a sporty hybrid sounds good, but many reviewers thought the CR-Z failed to live up to the hype. You could not only face reliability issues, but the overall ride and cabin noise are said to be negative factors. 2024 Mitsubishi Mirage Price: $14,600 to $17,175 Mitsubishi has had some success with the cheap car market thanks to the Mirage, but this vehicle leaves much to be desired. In fact, it's probably one of the Japanese cars that's likely to break down more than the average vehicle. Reviewers have noted the weak and very noisy three-cylinder engine that gives drivers sluggish acceleration. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard The New Retirement Problem Boomers Are Facing 7 Things You'll Be Happy You Downsized in Retirement This article originally appeared on 4 Japanese Cars That Break Down More Than the Average Vehicle

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store