Latest news with #COMPAS
Yahoo
05-04-2025
- Automotive
- Yahoo
Nissan says it will not take new US orders for Mexican-built Infiniti SUVs
(Reuters) -Nissan Motor said on Thursday it will not take new orders from the U.S. for two Mexican-built Infiniti SUVs, following auto tariffs levied by President Donald Trump, in a drastic scale-back of its operations at a joint venture plant. The Japanese automaker said it would now maintain two shifts of production of the Rogue SUV at its Smyrna, Tennessee, plant after announcing in January it would end one of the two shifts this month. Nissan will not accept any additional orders of the Infiniti QX50 and QX55 SUVs for the U.S. market produced at the COMPAS plant it has run together with Mercedes-Benz in Mexico. Nissan said production is expected to continue for those models sold in other markets. It remained unclear how much of the production is sold in other markets. The two Infiniti models have only been exported from Mexico to the U.S., according to data from Mexico's national statistics agency. A Japan-based Nissan spokesperson said on Saturday the models are produced for and exported to markets such as Mexico, Panama, the Middle East and Canada, without providing details on its production plans for the vehicles. Trump's 25% global car and truck tariffs took effect on Thursday. Nissan has been struggling in the U.S. due to an ageing line-up and a lack of hybrid models. It is particularly exposed to the new tariffs as it exports the biggest number of cars from Mexico to the U.S. of any Japanese automaker. Nissan's troubles led it to slash its profit forecast three times in the financial year just ended and saw its debt downgraded to "junk" status. Its new chief executive, 46-year-old Ivan Espinosa, a Mexican national who previously was its planning boss, has pledged to drastically cut the time the automaker needs to develop new cars. Mercedes-Benz manufactures the GLB SUV at the COMPAS plant. Sign in to access your portfolio
Al Etihad
05-04-2025
- Automotive
- Al Etihad
Nissan says it will not take new US orders for Mexican-built Infiniti SUVs
5 Apr 2025 11:28 (Reuters)Nissan Motor said on Thursday it will not take new orders from the U.S. for two Mexican-built Infiniti SUVs, following auto tariffs levied by President Donald Trump, in a drastic scale-back of its operations at a joint venture Japanese automaker said it would now maintain two shifts of production of the Rogue SUV at its Smyrna, Tennessee, plant after announcing in January it would end one of the two shifts this will not accept any additional orders of the Infiniti QX50 and QX55 SUVs for the U.S. market produced at the COMPAS plant it has run together with Mercedes-Benz in Mexico. Nissan said production is expected to continue for those models sold in other remained unclear how much of the production was sold in other markets. The two Infiniti models have only been exported from Mexico to the U.S., according to data from Mexico's national statistics agency.A Japan-based Nissan spokesperson said on Saturday the models are produced for and exported to markets such as Mexico, Panama, the Middle East and Canada, without providing details on its production plans for the 25% global car and truck tariffs took effect on has been struggling in the U.S. due to an ageing line-up and a lack of hybrid models. It is particularly exposed to the new tariffs as it exports the biggest number of cars from Mexico to the U.S. of any Japanese troubles led it to slash its profit forecast three times in the financial year just ended and saw its debt downgraded to "junk" new chief executive, 46-year-old Ivan Espinosa, a Mexican national who previously was its planning boss, has pledged to drastically cut the time the automaker needs to develop new cars. Mercedes-Benz manufactures the GLB SUV at the COMPAS plant.
Khaleej Times
05-04-2025
- Automotive
- Khaleej Times
Nissan says it will not take new US orders for Mexican-built Infiniti SUVs amid Trump auto tariffs
Nissan Motor said on Thursday it will not take new orders from the US for two Mexican-built Infiniti SUVs, following auto tariffs levied by US President Donald Trump, in a drastic scale-back of its operations at a joint venture plant. The Japanese automaker said it would now maintain two shifts of production of the Rogue SUV at its Smyrna, Tennessee, plant after announcing in January it would end one of the two shifts this month. Nissan will not accept any additional orders of the Infiniti QX50 and QX55 SUVs for the US market produced at the COMPAS plant it has run together with Mercedes-Benz in Mexico. Nissan said production is expected to continue for those models sold in other markets. It remained unclear how much of the production is sold in other markets. The two Infiniti models have only been exported from Mexico to the US, according to data from Mexico's national statistics agency. A Japan-based Nissan spokesperson said on Saturday the models are produced for and exported to markets such as Mexico, Panama, the Middle East and Canada, without providing details on its production plans for the vehicles. Trump's 25 per cent global car and truck tariffs took effect on Thursday. Nissan has been struggling in the US due to an ageing line-up and a lack of hybrid models. It is particularly exposed to the new tariffs as it exports the biggest number of cars from Mexico to the US of any Japanese automaker. Nissan's troubles led it to slash its profit forecast three times in the financial year just ended and saw its debt downgraded to "junk" status. Its new chief executive, 46-year-old Ivan Espinosa, a Mexican national who previously was its planning boss, has pledged to drastically cut the time the automaker needs to develop new cars. Mercedes-Benz manufactures the GLB SUV at the COMPAS plant.
Yahoo
04-04-2025
- Automotive
- Yahoo
Nissan halts US orders for Infiniti SUVs manufactured in Mexico
Nissan has ceased on new orders from the US for two of its Infiniti SUV models, the QX50 and QX55, produced at the COMPAS plant in Mexico, reported Reuters. The move comes in response to tariffs imposed by US President Donald Trump and marks a reduction in Nissan's operations at its COMPAS plant in Mexico, which it operates jointly with Mercedes-Benz. While production of the two Infiniti SUV models will continue for markets outside the US, Nissan did not specify how much of the output is allocated to international sales. A Japan-based Nissan spokesperson was cited by the news agency as saying that the vehicles are also shipped to markets including the Middle East and Canada. The Japanese automaker, however, plans to maintain two production shifts for the Rogue SUV at its Smyrna plant in Tennessee. This reverses an announcement made in January 2025, which indicated that the company would discontinue one of the shifts in April. The company, which has been facing challenges in the US market due to an outdated product lineup and a scarcity of hybrid vehicles, is particularly affected by the new tariffs as it exports more vehicles to the US from Mexico than any other Japanese manufacturer. In efforts to streamline operations and reduce costs, Nissan Motor disclosed plans last month to simplify its management structure, which will see a 21% decrease in top executive positions, from 42 to 33, starting from the 2025 fiscal year. At that time, Nissan said: 'This is also part of Nissan's commitment to improving decision-making efficiency by simplifying organizational layers and expanding the span of control. These changes are designed to empower regions and establish clear roles and responsibilities within the organisation.' "Nissan halts US orders for Infiniti SUVs manufactured in Mexico – report" 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. Sign in to access your portfolio
Japan Times
04-04-2025
- Automotive
- Japan Times
Nissan says it will not take new U.S. orders for Mexican-built Infiniti SUVs
Nissan said on Thursday it will not take new orders from the United States for two Mexican-built Infiniti sport utility vehicles following auto tariffs levied by U.S. President Donald Trump, in a drastic scale-back of its operations at a joint venture plant. Nissan also said it will now maintain two shifts of production of its Rogue SUV at its Smyrna, Tennessee, plant after announcing in January it would end one of them this month. The Japanese automaker will not accept any additional orders of the Infiniti QX50 and QX55 SUVs for the U.S. market produced at the Cooperation Manufacturing Plant Aguascalientes (COMPAS) plant it has run together with Mercedes-Benz in Mexico. Nissan said production is expected to continue for those models sold to other markets. It was not immediately clear how much of the production is sold in other markets. The two Infiniti models have only been exported from Mexico to the U.S., according to data from Mexico's national statistics agency. A Japan-based Nissan spokesperson said on Friday the models do go to other markets such as the Middle East and Canada, but could not immediately provide more details. Trump's 25% global car and truck tariffs took effect on Thursday. Nissan has been struggling in the U.S. due to an aging lineup and a lack of hybrid models. It is particularly exposed to the new tariffs as it exports the biggest number of cars from Mexico to the U.S. out of any Japanese automaker. Nissan's troubles led it to slash its profit forecast three times in the financial year just ended and saw its debt downgraded to "junk" status. Its new chief executive, 46-year-old Ivan Espinosa, a Mexican national who previously was its planning boss, has pledged to drastically cut the time the automaker needs to develop new cars. Mercedes-Benz manufactures its GLB SUV at the COMPAS plant.
