Latest news with #NissanShatai
The Advertiser
17-07-2025
- Automotive
- The Advertiser
Nissan to close two factories in Japan
Nissan is in financial hot water, but it is hoping to lower the temperature a tad by dumping two factories in its homeland. The Oppama factory was opened in 1961, and has concentrated on building small cars. During its long history the plant has produced the Bluebird, Pulsar, Sylphy, Primera, Serena, Juke, Leaf, Tiida, March/Micra, and Cube. In 2007 the factory celebrated making its 15 millionth vehicle. Today, though, it produces just the Note (below) and Note Aura, a tall hatch that competes with the Honda Jazz/Fit. Manufacturing will cease in Oppama by March 2028, and Note production will be moved to Nissan's factory in Kyushu. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Around 2400 of the site's 3900 employees will be laid off. Other facilities surrounding the Oppama factory, including research centre, crash test facility, wharf, and Grandrive proving ground will continue to operate. The company also confirmed it would cease production at the factory in Shonan. This plant currently produces the NV200 Vanette and AD wagon van, and is operated by Nissan Shatai, of which Nissan only owns 50 per cent. The AD wagon van, which debuted way back in 2006, will end its production run in October this year, while the NV200's innings will end in March 2027. The current NV200 was launched in 2009, and once served as New York City's official taxi. It will be replaced a new model that's due to released by 2028. It's safe to say both Oppama and Shonan are running well below their maximum of capacity of 240,000 and 150,000 vehicles per year. Closing both plants, and moving their production elsewhere will help Nissan reduce its overcapacity problem and reduce headcount. Once these two factories are closed, Nissan will have three car plants in its homeland: one in Tochigi, and two in Kyushu. As part of its latest turnaround plan, dubbed Re:Nissan, the automaker wants to reduce its production capacity, outside of China, from the current 3.5 million cars per year to 2.5 million. It aims to close seven of its 17 car manufacturing plants, but so far only Shonan and Oppama have been confirmed. A Reuters report in May indicated Nissan is considering closing factories in South Africa and Argentina, and consolidating its manufacturing facilities in Mexico. It will remove the factory in India from its books by selling it to Alliance partner Renault. One plant is officially safe from the gallows: Sunderland, UK, which produces the Qashqai, Juke and Leaf. It's likely the company's factories in the US will be spared the chop too. Nissan has been skating on thin financial ice for about two years, and in May announced a loss of ¥670.9 billion (A$7.1 billion) for the financial year ending March 2025. In response, new Nissan CEO Ivan Espinosa unveiled the Re:Nissan recovery plan, which in addition to plant closures will cut its global workforce by 15 per cent or 20,000 people, set up a cost-cutting "transformation office", and has paused development of vehicles and technology due for launch after March 2027. The automaker is also considering selling its headquarters in Yokohama. MORE: Everything Nissan Content originally sourced from: Nissan is in financial hot water, but it is hoping to lower the temperature a tad by dumping two factories in its homeland. The Oppama factory was opened in 1961, and has concentrated on building small cars. During its long history the plant has produced the Bluebird, Pulsar, Sylphy, Primera, Serena, Juke, Leaf, Tiida, March/Micra, and Cube. In 2007 the factory celebrated making its 15 millionth vehicle. Today, though, it produces just the Note (below) and Note Aura, a tall hatch that competes with the Honda Jazz/Fit. Manufacturing will cease in Oppama by March 2028, and Note production will be moved to Nissan's factory in Kyushu. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Around 2400 of the site's 3900 employees will be laid off. Other facilities surrounding the Oppama factory, including research centre, crash test facility, wharf, and Grandrive proving ground will continue to operate. The company also confirmed it would cease production at the factory in Shonan. This plant currently produces the NV200 Vanette and AD wagon van, and is operated by Nissan Shatai, of which Nissan only owns 50 per cent. The AD wagon van, which debuted way back in 2006, will end its production run in October this year, while the NV200's innings will end in March 2027. The current NV200 was launched in 2009, and once served as New York City's official taxi. It will be replaced a new model that's due to released by 2028. It's safe to say both Oppama and Shonan are running well below their maximum of capacity of 240,000 and 150,000 vehicles per year. Closing both plants, and moving their production elsewhere will help Nissan reduce its overcapacity problem and reduce headcount. Once these two factories are closed, Nissan will have three car plants in its homeland: one in Tochigi, and two in Kyushu. As part of its latest turnaround plan, dubbed Re:Nissan, the automaker wants to reduce its production capacity, outside of China, from the current 3.5 million cars per year to 2.5 million. It aims to close seven of its 17 car manufacturing plants, but so far only Shonan and Oppama have been confirmed. A Reuters report in May indicated Nissan is considering closing factories in South Africa and Argentina, and consolidating its manufacturing facilities in Mexico. It will remove the factory in India from its books by selling it to Alliance partner Renault. One plant is officially safe from the gallows: Sunderland, UK, which produces the Qashqai, Juke and Leaf. It's likely the company's factories in the US will be spared the chop too. Nissan has been skating on thin financial ice for about two years, and in May announced a loss of ¥670.9 billion (A$7.1 billion) for the financial year ending March 2025. In response, new Nissan CEO Ivan Espinosa unveiled the Re:Nissan recovery plan, which in addition to plant closures will cut its global workforce by 15 per cent or 20,000 people, set up a cost-cutting "transformation office", and has paused development of vehicles and technology due for launch after March 2027. The automaker is also considering selling its headquarters in Yokohama. MORE: Everything Nissan Content originally sourced from: Nissan is in financial hot water, but it is hoping to lower the temperature a tad by dumping two factories in its homeland. The Oppama factory was opened in 1961, and has concentrated on building small cars. During its long history the plant has produced the Bluebird, Pulsar, Sylphy, Primera, Serena, Juke, Leaf, Tiida, March/Micra, and Cube. In 2007 the factory celebrated making its 15 millionth vehicle. Today, though, it produces just the Note (below) and Note Aura, a tall hatch that competes with the Honda Jazz/Fit. Manufacturing will cease in Oppama by March 2028, and Note production will be moved to Nissan's factory in Kyushu. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Around 2400 of the site's 3900 employees will be laid off. Other facilities surrounding the Oppama factory, including research centre, crash test facility, wharf, and Grandrive proving ground will continue to operate. The company also confirmed it would cease production at the factory in Shonan. This plant currently produces the NV200 Vanette and AD wagon van, and is operated by Nissan Shatai, of which Nissan only owns 50 per cent. The AD wagon van, which debuted way back in 2006, will end its production run in October this year, while the NV200's innings will end in March 2027. The current NV200 was launched in 2009, and once served as New York City's official taxi. It will be replaced a new model that's due to released by 2028. It's safe to say both Oppama and Shonan are running well below their maximum of capacity of 240,000 and 150,000 vehicles per year. Closing both plants, and moving their production elsewhere will help Nissan reduce its overcapacity problem and reduce headcount. Once these two factories are closed, Nissan will have three car plants in its homeland: one in Tochigi, and two in Kyushu. As part of its latest turnaround plan, dubbed Re:Nissan, the automaker wants to reduce its production capacity, outside of China, from the current 3.5 million cars per year to 2.5 million. It aims to close seven of its 17 car manufacturing plants, but so far only Shonan and Oppama have been confirmed. A Reuters report in May indicated Nissan is considering closing factories in South Africa and Argentina, and consolidating its manufacturing facilities in Mexico. It will remove the factory in India from its books by selling it to Alliance partner Renault. One plant is officially safe from the gallows: Sunderland, UK, which produces the Qashqai, Juke and Leaf. It's likely the company's factories in the US will be spared the chop too. Nissan has been skating on thin financial ice for about two years, and in May announced a loss of ¥670.9 billion (A$7.1 billion) for the financial year ending March 2025. In response, new Nissan CEO Ivan Espinosa unveiled the Re:Nissan recovery plan, which in addition to plant closures will cut its global workforce by 15 per cent or 20,000 people, set up a cost-cutting "transformation office", and has paused development of vehicles and technology due for launch after March 2027. The automaker is also considering selling its headquarters in Yokohama. MORE: Everything Nissan Content originally sourced from: Nissan is in financial hot water, but it is hoping to lower the temperature a tad by dumping two factories in its homeland. The Oppama factory was opened in 1961, and has concentrated on building small cars. During its long history the plant has produced the Bluebird, Pulsar, Sylphy, Primera, Serena, Juke, Leaf, Tiida, March/Micra, and Cube. In 2007 the factory celebrated making its 15 millionth vehicle. Today, though, it produces just the Note (below) and Note Aura, a tall hatch that competes with the Honda Jazz/Fit. Manufacturing will cease in Oppama by March 2028, and Note production will be moved to Nissan's factory in Kyushu. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Around 2400 of the site's 3900 employees will be laid off. Other facilities surrounding the Oppama factory, including research centre, crash test facility, wharf, and Grandrive proving ground will continue to operate. The company also confirmed it would cease production at the factory in Shonan. This plant currently produces the NV200 Vanette and AD wagon van, and is operated by Nissan Shatai, of which Nissan only owns 50 per cent. The AD wagon van, which debuted way back in 2006, will end its production run in October this year, while the NV200's innings will end in March 2027. The current NV200 was launched in 2009, and once served as New York City's official taxi. It will be replaced a new model that's due to released by 2028. It's safe to say both Oppama and Shonan are running well below their maximum of capacity of 240,000 and 150,000 vehicles per year. Closing both plants, and moving their production elsewhere will help Nissan reduce its overcapacity problem and reduce headcount. Once these two factories are closed, Nissan will have three car plants in its homeland: one in Tochigi, and two in Kyushu. As part of its latest turnaround plan, dubbed Re:Nissan, the automaker wants to reduce its production capacity, outside of China, from the current 3.5 million cars per year to 2.5 million. It aims to close seven of its 17 car manufacturing plants, but so far only Shonan and Oppama have been confirmed. A Reuters report in May indicated Nissan is considering closing factories in South Africa and Argentina, and consolidating its manufacturing facilities in Mexico. It will remove the factory in India from its books by selling it to Alliance partner Renault. One plant is officially safe from the gallows: Sunderland, UK, which produces the Qashqai, Juke and Leaf. It's likely the company's factories in the US will be spared the chop too. Nissan has been skating on thin financial ice for about two years, and in May announced a loss of ¥670.9 billion (A$7.1 billion) for the financial year ending March 2025. In response, new Nissan CEO Ivan Espinosa unveiled the Re:Nissan recovery plan, which in addition to plant closures will cut its global workforce by 15 per cent or 20,000 people, set up a cost-cutting "transformation office", and has paused development of vehicles and technology due for launch after March 2027. The automaker is also considering selling its headquarters in Yokohama. MORE: Everything Nissan Content originally sourced from:
7NEWS
16-07-2025
- Automotive
- 7NEWS
Nissan to close two factories in Japan
Nissan is in financial hot water, but it is hoping to lower the temperature a tad by dumping two factories in its homeland. The Oppama factory was opened in 1961, and has concentrated on building small cars. During its long history the plant has produced the Bluebird, Pulsar, Sylphy, Primera, Serena, Juke, Leaf, Tiida, March/Micra, and Cube. In 2007 the factory celebrated making its 15 millionth vehicle. Today, though, it produces just the Note (below) and Note Aura, a tall hatch that competes with the Honda Jazz /Fit. Manufacturing will cease in Oppama by March 2028, and Note production will be moved to Nissan's factory in Kyushu. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Around 2400 of the site's 3900 employees will be laid off. Other facilities surrounding the Oppama factory, including research centre, crash test facility, wharf, and Grandrive proving ground will continue to operate. The company also confirmed it would cease production at the factory in Shonan. This plant currently produces the NV200 Vanette and AD wagon van, and is operated by Nissan Shatai, of which Nissan only owns 50 per cent. The AD wagon van, which debuted way back in 2006, will end its production run in October this year, while the NV200's innings will end in March 2027. The current NV200 was launched in 2009, and once served as New York City's official taxi. It will be replaced a new model that's due to released by 2028. It's safe to say both Oppama and Shonan are running well below their maximum of capacity of 240,000 and 150,000 vehicles per year. Closing both plants, and moving their production elsewhere will help Nissan reduce its overcapacity problem and reduce headcount. Once these two factories are closed, Nissan will have three car plants in its homeland: one in Tochigi, and two in Kyushu. As part of its latest turnaround plan, dubbed Re:Nissan, the automaker wants to reduce its production capacity, outside of China, from the current 3.5 million cars per year to 2.5 million. It aims to close seven of its 17 car manufacturing plants, but so far only Shonan and Oppama have been confirmed. A Reuters report in May indicated Nissan is considering closing factories in South Africa and Argentina, and consolidating its manufacturing facilities in Mexico. It will remove the factory in India from its books by selling it to Alliance partner Renault. One plant is officially safe from the gallows: Sunderland, UK, which produces the Qashqai, Juke and Leaf. It's likely the company's factories in the US will be spared the chop too. Nissan has been skating on thin financial ice for about two years, and in May announced a loss of ¥670.9 billion (A$7.1 billion) for the financial year ending March 2025. In response, new Nissan CEO Ivan Espinosa unveiled the Re:Nissan recovery plan, which in addition to plant closures will cut its global workforce by 15 per cent or 20,000 people, set up a cost-cutting 'transformation office', and has paused development of vehicles and technology due for launch after March 2027. The automaker is also considering selling its headquarters in Yokohama.
Perth Now
16-07-2025
- Automotive
- Perth Now
Nissan to close two factories in Japan
Nissan is in financial hot water, but it is hoping to lower the temperature a tad by dumping two factories in its homeland. The Oppama factory was opened in 1961, and has concentrated on building small cars. During its long history the plant has produced the Bluebird, Pulsar, Sylphy, Primera, Serena, Juke, Leaf, Tiida, March/Micra, and Cube. In 2007 the factory celebrated making its 15 millionth vehicle. Today, though, it produces just the Note (below) and Note Aura, a tall hatch that competes with the Honda Jazz/Fit. Manufacturing will cease in Oppama by March 2028, and Note production will be moved to Nissan's factory in Kyushu. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert Supplied Credit: CarExpert Around 2400 of the site's 3900 employees will be laid off. Other facilities surrounding the Oppama factory, including research centre, crash test facility, wharf, and Grandrive proving ground will continue to operate. The company also confirmed it would cease production at the factory in Shonan. This plant currently produces the NV200 Vanette and AD wagon van, and is operated by Nissan Shatai, of which Nissan only owns 50 per cent. The AD wagon van, which debuted way back in 2006, will end its production run in October this year, while the NV200's innings will end in March 2027. The current NV200 was launched in 2009, and once served as New York City's official taxi. It will be replaced a new model that's due to released by 2028. Supplied Credit: CarExpert It's safe to say both Oppama and Shonan are running well below their maximum of capacity of 240,000 and 150,000 vehicles per year. Closing both plants, and moving their production elsewhere will help Nissan reduce its overcapacity problem and reduce headcount. Once these two factories are closed, Nissan will have three car plants in its homeland: one in Tochigi, and two in Kyushu. As part of its latest turnaround plan, dubbed Re:Nissan, the automaker wants to reduce its production capacity, outside of China, from the current 3.5 million cars per year to 2.5 million. It aims to close seven of its 17 car manufacturing plants, but so far only Shonan and Oppama have been confirmed. A Reuters report in May indicated Nissan is considering closing factories in South Africa and Argentina, and consolidating its manufacturing facilities in Mexico. It will remove the factory in India from its books by selling it to Alliance partner Renault. Supplied Credit: CarExpert One plant is officially safe from the gallows: Sunderland, UK, which produces the Qashqai, Juke and Leaf. It's likely the company's factories in the US will be spared the chop too. Nissan has been skating on thin financial ice for about two years, and in May announced a loss of ¥670.9 billion (A$7.1 billion) for the financial year ending March 2025. In response, new Nissan CEO Ivan Espinosa unveiled the Re:Nissan recovery plan, which in addition to plant closures will cut its global workforce by 15 per cent or 20,000 people, set up a cost-cutting 'transformation office', and has paused development of vehicles and technology due for launch after March 2027. The automaker is also considering selling its headquarters in Yokohama. MORE: Everything Nissan
Yahoo
16-07-2025
- Automotive
- Yahoo
Nissan is closing a major factory in Japan to cut costs. Could American plants be next?
Nissan announced July 15 the company will close its flagship factory just south of Tokyo in Oppama, Japan, the latest edition of the company's cost-cutting efforts. The move is part of a larger company shakeup that includes cutting 11,000 jobs and closing seven of its manufacturing plants worldwide. "Nissan will restructure production operations at the Oppama plant and plans to transfer and integrate into the Kyushu plant by end of fiscal year 2027," a Nissan spokesperson said. "This step supports our goal of building a resilient and responsive global manufacturing footprint." The Japanese automaker, whose American operations are based in Franklin, Tenn., will also close the doors to its Nissan Shatai's Shonan factory by March 2027, CEO Ivan Espinosa said. "It was a difficult decision for both myself and the company," Espinosa said at a press conference in Yokohama, reported by Reuters. "However, we believe it is necessary for Nissan to overcome its current challenging situation." The report follows an abysmal fiscal year for the Japanese automaker. The company reported a 200 billion yen ($1,352,111,000) operating loss in its first quarter, a 88% crater in operating profits, according to Reuters. Opening in 1961, the Oppama site was one of Japan's first large-scale auto factories. Employing 3,900 workers, the site dubbed Nissan's 'mother factory' has manufactured more than 17.8 million vehicles to date. Oppama operations will be consolidated at Nissan's Kyushu plant. On average, Nissan's Japanese factories run at 60% capacity, but once production moves to Kyushu, the factory will run at 100%, Espinosa added. Roughly 2,400 workers could be transferred to non-factory functions or other plants, Espinosa added. Other facilities and functions in the district like the Nissan Research Center and the crash test site, among others, will 'remain unaffected and continue to operate as usual,' the spokesperson said. Despite Nissan's cuts overseas, the automaker's Smyrna and Canton, Mississippi, manufacturing plants remain in full swing, producing Nissan Pathfinder, Murano, Rogue, Altima, Frontier and Infiniti QX60. 'Our manufacturing operations in Tennessee and Mississippi are strategically important to the company's future in this crucial market,' Nissan Americas Corporate Communication Director Kyle Bazemore told The Tennessean in May following the job cuts announcement. Reuters contributed to this story This article originally appeared on Nashville Tennessean: Nissan plans to close Oppama, Japan production plant Sign in to access your portfolio
Asahi Shimbun
24-06-2025
- Automotive
- Asahi Shimbun
Nissan shareholders assail management over deepening crisis
Protesters hand out leaflets against Nissan Motor's turnaround plan in front of the company's global headquarters while its annual shareholder meeting is being held in Yokohama on June 24. (REUTERS) Nissan Motor shareholders vented their frustrations over the automaker's poor performance at its annual general meeting on Tuesday, with some demanding greater management accountability for the deepening crisis at Japan's third-largest car company. The meeting was the first for new boss Ivan Espinosa since he replaced Makoto Uchida as CEO in April. It remains to be seen whether Espinosa, a company veteran, will be able to halt the sharp decline at Nissan. Shares have fallen some 36% over the last year and dividend payments have been suspended. Nissan reported a $4.5 billion net loss in the last financial year and there is no guarantee it will return to profit this year - so far, it has declined to give a full-year earnings forecast, and has estimated a first-quarter loss of 200 billion yen ($1.38 billion). All the same, shareholders voted down a number of proposals that the company had opposed, including an activist-shareholder proposal that would have forced Nissan to take action on listed subsidiary Nissan Shatai. Espinosa has laid out plans for big cuts, including closing seven plants and shedding a total of 20,000 jobs, or around 15% of Nissan's workforce. One shareholder accused the board of trying to "shift its responsibility to frontline workers" by cutting jobs while retaining their own positions. The board should likewise face a shake-up or risk losing the trust of shareholders and company employees, the shareholder said. Another shareholder complained about the cut to the dividend. Tokyo-based activist shareholder Strategic Capital had pressed Nissan to take action on its listed subsidiary as part of its overhaul. While that proposal was defeated, the breakdown of the vote won't be known until later. Japanese companies are under increasing pressure from the Tokyo Stock Exchange and regulators to clear up so-called "parent-child listings," which are seen as unfair to minority shareholders and a drag on governance. In one prominent example, Toyota Motor this month unveiled plans to take private its listed subsidiary, Toyota Industries, in a complex, $33 billion transaction that some shareholders have said undervalues the forklift operator. Toyota likely took action because "it felt pressure from shareholders and thought it had to change," said Tsuyoshi Maruki, the chief executive of Strategic Capital, in an interview with Reuters on Monday. He said he hoped Nissan's management could also give the issue similar consideration. Nissan owns 50% of Nissan Shatai, which manufactures cars for the automaker. Strategic Capital owns 3.5% of Nissan Shatai. It has also acquired a small stake in Nissan, allowing it to submit proposals to the general meeting. It has proposed that Nissan change its articles of incorporation so that it would be required to annually examine its relationship with listed subsidiaries and disclose what action, if any, it planned to take. Nissan's board has opposed that and said changing its articles of incorporation would hinder its flexibility.
