Crisis-hit car brand ‘to close another two major plants' – days after shutting flagship factory with 2,400 workers
The brand is planning to close the plants down as part of its huge global restructuring plan.
3
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.
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.
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
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
12 hours ago
- The Sun
20 of the most popular used cars that have dropped in price in 2025 – including luxury SUV that's now £1,000s cheaper
BRIT drivers are in for a treat, with £1,000s slashed off the prices of some of the UK's most popular used cars in 2025. From the luxurious Lexus RX hybrid to the ever-reliable Nissan Leaf, a wide range of sought-after models are now more affordable than ever, according to new analysis by AA Cars. 5 5 5 5 5 This report particularly highlights a significant drop in prices for used EVs and hybrids, with some models depreciating by as much as 31% in the past year. The findings, based on the AA Cars Used Car Index, reflects a growing supply of second-hand EVs in the market, driven by ex-lease and fleet vehicles entering the forecourt. The Lexus RX (hybrid) saw the steepest price drop, with a 31% reduction, while the Renault Zoe and Nissan Leaf EVs - perhaps the two cheapest small EVs on the market - dropping by 20-21%. Furthermore, the Tesla Model 3, one of the nation's most popular EVs, has lost over £4,400 in value, marking a 19% decline. Overall, AA Cars found the average price of the most searched-for EVs and hybrids fell by 12.8% year-on-year. These falling EV prices are increasing accessibility for UK drivers, with AA Cars reporting record levels of searches for EVs and hybrids on their platform. But despite their newfound affordability, concerns still remain around charging infrastructure, battery range and long-term costs. While EV prices are falling, petrol and diesel values remain mixed. Some models, such as the VW Polo hybrid, saw price increases - up 9.4% year-on-year - reflecting strong demand. Older models, such as the Ford Fiesta and Ford Focus, experienced price drops of 11.7% and 6.6%, respectively. Mercedes' new CLA 250+ Sport is its most efficient and intelligent car ever but is spoiled by 'chavvy' feature Speaking on the findings, James Hosking, Director of AA Cars, said: 'Used EV prices have fallen off a cliff in the past year, and for drivers who've been priced out of electric motoring until now, this is a genuine turning point. 'We're seeing a growing wave of supply coming onto the used market, particularly as fleets and leasing firms de-fleet early-generation EVs and hybrids, and that's giving buyers more choice at more accessible prices. 'Our data shows that the price of almost every top EV or hybrid has dropped by double digits over the past 12 months, with some premium models down by more than 30%. "It's possible that some of this fall could be due to the age of EV models on sale getting higher. 'That kind of price movement is bringing greener vehicles within reach of thousands more households and could help to convert curiosity into action. 'The challenge is making sure buyers have the confidence to go electric. "Concerns around charging access, battery range and long-term running costs haven't gone away, and while falling prices are helping to shift EVs from a niche to a more mainstream choice, greater support is still needed to turn interest into long-term adoption. 'The Government's Zero Emission Vehicle (ZEV) mandate means nearly a third of all new cars sold next year must be fully electric, but success hinges not just on supply; it depends on building real, lasting consumer demand. "The second-hand market is crucial to that journey, especially for private buyers who can't stretch to a brand new model. 'Petrol and diesel values, meanwhile, remain mixed. We've seen strong demand for newer stock like the VW Polo, but prices continue to fall on older models such as the Ford Fiesta. "This volatility shows that while headline prices may be stabilising, buyers are still being highly selective and savvy. 'Ultimately, the used market is a mirror to consumer confidence. The drop in EV prices will help accelerate the shift to zero-emission motoring, but continued investment in infrastructure, clear policy direction and compelling finance options will all be critical to turning this short-term price trend into a long-term behaviour change.'
Time Out
12 hours ago
- Time Out
Formula E London ePrix
The world's first fully electric motorsport series returns to London this weekend for the final round of competition in the 2024/25 series. The single-seater series sees eleven top teams and 22 world-class drivers competing over a 2km indoor and outdoor circuit at the ExCeL Centre in the closing weekend of the eleventh championship. The London races will be something of a victory lap for British Oliver Rowland, who secured the Driver World Championship in the previous round of competition. His team, Nissan, will be hoping to secure more silverware in the Manufacturer Championship, where they currently trail behind Porsche. Timings for both days will be roughly the same, with two practice sessions and a qualifying round ahead of the races, which kick of at 5.05pm. There'll also plenty to get the fans revved up between sessions, including a live recording of the Driven By Us podcast, a quiz in the Fan Zone and live performances from Pixie Lott and Rizzle Kicks. Start your engines!
The Independent
18 hours ago
- The Independent
Here's how a major Mexican tomato exporter is affected by Trump's 17% tariff
The Trump administration's decision to impose a 17% duty on fresh tomatoes imported from Mexico has created a dilemma for the country providing more tomatoes to U.S. consumers than any other. The import tax that began July 14 is just the latest protectionist move by an administration that has threatened dozens of countries with tariffs, including its critical trading partner Mexico. It comes as the Mexican government tries to also negotiate its way out of a 30% general tariff scheduled to take effect Aug. 1. While the impacts of the tomato tariff are still in their infancy, a major grower and exporter in central Mexico shows how a tariff targeting a single product can destabilize the sector. Surviving in times of uncertainty Green tomato plants stretch upward row after row in sprawling high-tech greenhouses covering nearly six acres in the central state of Queretaro, among the top 10 tomato producing states in Mexico. Climate controlled and pest free, Veggie Prime's greenhouses in Ajuchitlan send some 100 tons of fresh tomatoes every week to Mastronardi Produce. The Canadian company is the leading distributor of fresh tomatoes in the U.S. with clients that include Costco and Walmart. Moisés Atri, Veggie Prime's export director, says they've been exporting tomatoes to the U.S. for 13 years and their substantial investment and the cost to produce their tomatoes won't allow them to make any immediate changes. They're also contractually obligated to sell everything they produce to Mastronardi until 2026. 'None of us (producers) can afford it," Atri said. "We have to approach our client to adjust the prices because we're nowhere near making that kind of profit.' In the tariff's first week, Veggie Prime ate the entire charge. In the second, its share of the new cost lowered when its client agreed to increase the price of their tomatoes by 10%. The 56-year-old Atri hopes that Mastronardi will eventually pass all of the tariff's cost onto its retail clients. Mexican tomato exports brought in $3 billion last year Experts say the tariff could cause a 5% to 10% drop in tomato exports, which last year amounted to more than $3 billion for Mexico. The Mexican Association of Tomato Producers says the industry generates some 500,000 jobs. Juan Carlos Anaya, director general of the consulting firm Grupo Consultor de Mercados Agrícolas, said a drop in tomato exports, which last year amounted to more than 2 billion tons, could lead to the loss of some 200,000 jobs Experts: U.S. will have difficulty replacing fresh Mexican tomatoes When the Trump administration announced the tariff, the Commerce Department justified it as a measure to protect U.S. producers from artificially cheap Mexican imports. California and Florida growers that produce about 11 million tons would stand to benefit most, though most of that production is for processed tomatoes. Experts believe the U.S. would find it difficult to replace Mexico's fresh tomato imports. Atri and other producers are waiting for a scheduled review of the measure in two months, when the U.S. heads into fall and fresh tomato production there begins to decline. In reaction to the tariff, the Mexican government has floated the idea of looking for other, more stable, international markets. Mexican Agriculture Secretary Julio Berdegué said Thursday that the government is looking at possibilities like Japan, but producers quickly cast doubt on that idea, noting the tomatoes would have to be sent by plane, raising the cost even more. Atri said the company is starting to experiment with peppers, to see if they would provide an option at scale. President Claudia Sheinbaum said recently her administration would survey tomato growers to figure out what support they need, especially small producers who are already feeling the effects of a drop of more than 10% in the price of tomatoes domestically over fears there will be a glut in Mexico.
