Latest news with #Re:Nissan
Yahoo
2 hours ago
- Automotive
- Yahoo
Nissan to close its CIVAC plant in Mexico
Nissan Motor Company has announced that it plans to shut down its CIVAC vehicle production plant in Cuernavaca, Mexico, in the current fiscal year (ending in March 2026), as part of its broader Re:Nissan global recovery plan. The Japanese automaker recently announced the closure of its Oppama vehicle plant in Japan, as part of the same efficiency drive, which aims to reduce the company's global production capacity from 3.5 million vehicles annually (excluding China) to 2.5 million units and to increase its global plant utilization rate to close to 100%. To achieve this, the company is looking to reduce the number of vehicle production sites globally from 17 to 10. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You The Insurance Savings You Expect Great Rates and Award-Winning Service Nissan confirmed that production at the CIVAC plant of current and future vehicle models will be transferred to its Aguascalientes plant, also in Mexico, as it looks to 'strengthen its resilient and responsive global manufacturing footprint, aligned with market realities.' The company pointed out that the restructuring will allow it to 'leverage its advanced, state-of-the-art equipment to drive production and logistics efficiencies while supporting sustainable growth.' Nissan's CEO, Ivan Espinosa, said in a statement: 'For over 60 years, Nissan Mexicana has built a strong and trusted relationship with its stakeholders in Mexico, earning global recognition as one of the company's flagship operations. Today, we have made the difficult but necessary decision, that will allow us to become more efficient, more competitive, and more sustainable. Throughout this transition, we remain deeply appreciative of the invaluable contributions made by our collaborators at the CIVAC plant. Their dedication over the years has been instrumental to our success. I take this opportunity to reaffirm our commitment to our employees, customers, and to Mexico, which remains a strategic pillar for our company.' The CIVAC plant began operations in 1966 with the production of the Datsun Bluebird. Cumulative production reached six million units in 2019. The facility currently produces the Nissan NP300, Frontier, and Versa models, all of which will be transferred to the Aguascalientes facility. "Nissan to close its CIVAC plant in Mexico" 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Irish Sun
23-07-2025
- Automotive
- The Irish Sun
Huge car brand recalls 120,000 vehicles over ‘risk of injury' – check if you're affected
A MOTOR giant is recalling over 120,000 vehicles after concerns were raised about a 'risk of injury'. The huge recall affects one of 3 Stellantis owns the iconic Chrysler brand Credit: Getty 3 The American NHTSA has slapped the car manufacturer with an urgent warning Credit: Reuters Chrysler's parent company, The NHTSA had warned that the brand's vehicles had head constraints which did not lock properly. Also, the NHTSA warned that there was an increased risk of injury to 'seat occupants' during a crash. Read More on Motor News The Sun has contacted both Neither has confirmed which models will be affected by the recall now being rolled out across America. Chrysler itself was founded in 1925 and has become one of the most famous American carmakers in the world. Most read in Motors The brand was so successful that its former head, Walter Chrysler, commissioned the iconic Chrysler Building. Chrysler's Nissan's gloomy future The company reported losses of £2 billion in 2025, following Donald Trump's international tariff war. It experiences a six per cent decline in shipments across the globe, after Stellantis halted production in North America in April - shortly after the tariffs were announced. Antonio Filosa has vowed to "throw the kitchen sink" at restructuring the company though, as Chief Financial Officer Doug Ostermann told analysts that its losses could get worse before they get better. He said: "We'll see significantly more in the second half unless things change. "Given the current outlook, I would expect to see that figure probably double in the second half or more." The news comes after Japanese carmaker Nissan announced The car manufacturer is battling with rising costs, as well as Donald Trump's international tariff war. As it grapples with spiralling debt, the company has announced its global restructuring plan named Re: A spokesperson for Nissan said: 'Under Re:Nissan, Nissan is currently reviewing the integration and closure of some of its global production sites. "However, this process has not yet been concluded beyond the three sites that have been announced so far. "We are committed to maintaining transparency with our stakeholders and if any decisions are made, we will provide information at the appropriate time." 3 Stellantis is recalling 121,398 vehicles Credit: Alamy
Scottish Sun
23-07-2025
- Automotive
- Scottish Sun
Huge car brand recalls 120,000 vehicles over ‘risk of injury' – check if you're affected
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A MOTOR giant is recalling over 120,000 vehicles after concerns were raised about a 'risk of injury'. The huge recall affects one of the biggest car brands in the world and thousands of drivers are expected to be affected. Sign up for Scottish Sun newsletter Sign up 3 Stellantis owns the iconic Chrysler brand Credit: Getty 3 The American NHTSA has slapped the car manufacturer with an urgent warning Credit: Reuters Chrysler's parent company, Stellantis, issued the recall after receiving a warning from the National Highway Traffic Safety Administration (NHTSA). The NHTSA had warned that the brand's vehicles had head constraints which did not lock properly. Also, the NHTSA warned that there was an increased risk of injury to 'seat occupants' during a crash. Stellantis are now in the process of recalling a staggering 121,398. The Sun has contacted both Stellantis and the NHTSA for comment. Neither has confirmed which models will be affected by the recall now being rolled out across America. Stellantis was formed in 2021, when the French mega-giant PSA Group merged with Fiat Chrsyler Automobiles. Chrysler itself was founded in 1925 and has become one of the most famous American carmakers in the world. The brand was so successful that its former head, Walter Chrysler, commissioned the iconic Chrysler Building. Chrysler's current owner Stellantis is also the owner of Fiat, Peugeot, Citroën and Jeep. Nissan's gloomy future The company reported losses of £2 billion in 2025, following Donald Trump's international tariff war. Stellantis has claimed the US President's extortionate levies had cost it more than £260million. It experiences a six per cent decline in shipments across the globe, after Stellantis halted production in North America in April - shortly after the tariffs were announced. Antonio Filosa has vowed to "throw the kitchen sink" at restructuring the company though, as Chief Financial Officer Doug Ostermann told analysts that its losses could get worse before they get better. He said: "We'll see significantly more in the second half unless things change. "Given the current outlook, I would expect to see that figure probably double in the second half or more." The news comes after Japanese carmaker Nissan announced plans to shut down two of its huge plants. Nissan is closing its Civac plant in Morelos and the Cooperation Manufacturing Plant Aguascalientes - putting thousands of jobs at risk. The car manufacturer is battling with rising costs, as well as Donald Trump's international tariff war. As it grapples with spiralling debt, the company has announced its global restructuring plan named Re:Nissan. A spokesperson for Nissan said: 'Under Re:Nissan, Nissan is currently reviewing the integration and closure of some of its global production sites. "However, this process has not yet been concluded beyond the three sites that have been announced so far. "We are committed to maintaining transparency with our stakeholders and if any decisions are made, we will provide information at the appropriate time."
The Irish Sun
22-07-2025
- Automotive
- The Irish Sun
Crisis-hit car brand ‘to close another two major plants' – days after shutting flagship factory with 2,400 workers
A STRUGGLING car brand will reportedly close another two major plants - days after shutting a flagship factory. The brand is planning to close 3 A major car brand is closing several of its production plants Credit: Getty 3 Two plants will be closed in Mexico Credit: Getty The company launched its Re:Nissan initiative, in which it is earmarking factories across the world for closure. Now, according to Read More on Car News Both factories are set to close by 2027, putting thousands of jobs at risk. The Civac plant has been producing cars since 1966 and was the very first international manufacturing site that It currently produces the South American version of the Frontier, the N18 Versa and the Mexico-only V-Drive. Meanwhile, COMPAS was only opened 10 years ago as a collaboration between Mercedes-Benz and Most read in Motors The plant produced the Mercedes GLB in 2019, the Infiniti QX50 in 2017, and the QX55 in 2021 - all of which are set to end production. The Sun have approached Nissan for comment about the closure. Final days for Nissan drivers to claim $5k from 'defect' settlement – you can get multiple payouts by filling in form The news comes after Nissan closed its flagship factory in the Kanagawa Prefecture south of Tokyo. The factory will close at the end of the 2027 fiscal year in March 2028. Over 2400 jobs will be lost in the closure, which Nissan says was a 'touch but necessary decision'. Chief Executive Ivan Espinosa said: 'I believe it's a vital step toward overcoming our current challenges and building a sustainable future. 'The world is changing by the minute.' The car manufacturer is planning to reduce its 17 plants down to just 10. Nissan has been battling with falling vehicle sales in China, huge restructuring costs and US President Donald Trump's international tariff war. Trump's tariffs have raised the cost of importing vehicles, causing car sales of many different brands to nosedive across the world. 3 Nissan is closing 7 of its 17 plants Credit: PA
Scottish Sun
22-07-2025
- Automotive
- Scottish Sun
Crisis-hit car brand ‘to close another two major plants' – days after shutting flagship factory with 2,400 workers
The brand says that closing its flagship plant was a 'tough' decision SHARP TURN Crisis-hit car brand 'to close another two major plants' – days after shutting flagship factory with 2,400 workers A STRUGGLING car brand will reportedly close another two major plants - days after shutting a flagship factory. The brand is planning to close the plants down as part of its huge global restructuring plan. Advertisement 3 A major car brand is closing several of its production plants Credit: Getty 3 Two plants will be closed in Mexico Credit: Getty Nissan has been battling with rising debt and manufacturing in recent years, forcing the company to desperately re-evaluate its business strategy. The company launched its Re:Nissan initiative, in which it is earmarking factories across the world for closure. Now, according to Automotive News,, Nissan is has earmarked two factories in Mexico for closure. Nissan is planning to close its Civac plant in Morelos and the Cooperation Manufacturing Plant Aguascalientes (COMPAS) plant in Aguascalientes. Advertisement Both factories are set to close by 2027, putting thousands of jobs at risk. The Civac plant has been producing cars since 1966 and was the very first international manufacturing site that Nissan ever owned. It currently produces the South American version of the Frontier, the N18 Versa and the Mexico-only V-Drive. Meanwhile, COMPAS was only opened 10 years ago as a collaboration between Mercedes-Benz and Nissan. Advertisement The plant produced the Mercedes GLB in 2019, the Infiniti QX50 in 2017, and the QX55 in 2021 - all of which are set to end production. The Sun have approached Nissan for comment about the closure. Final days for Nissan drivers to claim $5k from 'defect' settlement – you can get multiple payouts by filling in form The news comes after Nissan closed its flagship factory in the Kanagawa Prefecture south of Tokyo. The factory will close at the end of the 2027 fiscal year in March 2028. Advertisement Over 2400 jobs will be lost in the closure, which Nissan says was a 'touch but necessary decision'. Chief Executive Ivan Espinosa said: 'I believe it's a vital step toward overcoming our current challenges and building a sustainable future. 'The world is changing by the minute.' The car manufacturer is planning to reduce its 17 plants down to just 10. Advertisement Nissan has been battling with falling vehicle sales in China, huge restructuring costs and US President Donald Trump's international tariff war. Trump's tariffs have raised the cost of importing vehicles, causing car sales of many different brands to nosedive across the world.
