Struggling car brand halts production of three popular models at two major factories
The cancellation will affect a major market, as
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Nissan has paused the the production of three models bound for Canada
Credit: Reuters
The production of the iconic Frontier pickup trucks, assembled in Mississippi, has also been halted.
This cancellation will particularly affect Canadian customers, as both the Mississippi and Tennessee factories serve customers north of the American border.
Although Canada is not one of
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President Trump imposed 25 per cent tariffs on auto imports in April, which prompted Canada to retaliate with similar tariffs.
This has forced car makers to adjust their strategies, with Mazda halting its Canadian-bound products at its massive Alabama plant.
Instead,
Nissan has confirmed that the pause in the production of the three models is a 'short-term measure', which could be reversed if the US and Canadian governments reach a 'successful agreement in the near future'.
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They added that the Rogue and Kicks models, produced in Japan and Mexico, will continue to be available in Canada.
Final days for Nissan drivers to claim $5k from 'defect' settlement – you can get multiple payouts by filling in form
The company is also staring down the barrel of a massive $4.8 billion in debt.
The British Government
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To save money, the
The government hopes that the move will help to keep the Sunderland factory - the brand's only plant in the UK - open.
This could save over 20,000 British jobs.
However, this is just a fifth of the 1 Trillion Yen needed to keep the company going.
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The cost of producing vehicles has skyrocketed because of Trump's tariff war
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The company hopes the move is a 'short-term measure'
Credit: AP
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