Latest news with #ReNissan
Motor Trend
22-07-2025
- Automotive
- Motor Trend
Report: Nissan Closing Two More Production Plants By 2027
With Nissan in dire straits, the Japanese brand has been reaching for every avenue to save itself through the 'Re:Nissan' initiative. Recently, word came down on July 15 that its Oppama plant in Kanagawa, Japan, would shut down and production there would move to Kyushu (in Fukuoka, Japan) by early 2027. Now, a new report suggests is that two of Nissan's Mexico plants will shutter in the same timeframe with no word on where the vehicles built there will be assembled in the future. Nissan plans to close its Civac and COMPAS plants in Mexico by 2027 as part of its "Re:Nissan" initiative to reduce global production sites. The move follows the closure of the Oppama plant in Japan and aims to cut plant numbers from 17 to 10 to avoid financial issues. This summary was generated by AI using content from this MotorTrend article Read Next The Oppama news sent shockwaves because it was Nissan's flagship plant and builds the Nissan Note and the Aura. Now, as Automotive News reports, the Civac plant located in Morelos and the Cooperation Manufacturing Plant Aguascalientes (COMPAS) plant in Aguascalientes, Mexico, are the next two facilities on the early 2027 chopping block. Civac was the first international plant Nissan had owned and first opened in 1966. According to the Automotive News report, the 60-year-old plant is outdated and would require a large sum of cash to bring it up to date. Currently, this plant is producing the South American version of the Frontier (as the NP300, NP300 Navara, or the NP300 Frontier), the Mexico-only V-Drive based on the N17 Versa, and the current N18 Versa that is sold in the U.S. This isn't the first time that Civac has been rumored to be closing, as there was speculation back in May about its demise, but Nissan denied the rumor then. According to that same Automotive News report, Chinese automotive manufacturers BYD and SAIC are eyeing the plant to gain production capacity in North America. COMPAS, on the other hand, was opened just 10 years ago as a joint venture between Nissan and Mercedes-Benz. This was the plant that produced the Mercedes GLB in 2019, the Infiniti QX50 in 2017, and the QX55 in 2021. All three vehicles are slated to end production with Infiniti pausing new orders on the QX50/55 back in April and production slated to close later this year citing Trump administration tariffs on non-U.S.-built vehicles. The Mercedes GLB will end production in the first quarter of 2026 with a new generation architecture moving to the MMA and rumored to move production to the U.S. We reached out to Nissan to confirm this story, and received this response: '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 three plants Nissan is referring to are the recently announced Oppama plant in Japan, the closing of one Thailand plant by consolidating its two plants in Samat Prakan province, and an unnamed third plant. The goal of Re:Nissan is to reduce its plant count from 17 to 10 to become a solvent company and not risk bankruptcy to reduce its financial burdens.
Motor 1
15-07-2025
- Automotive
- Motor 1
Nissan Takes 'Tough But Necessary Decision' to Close a Factory
The 'Re:Nissan' recovery plan, outlined a few months ago, includes reducing the number of production sites from 17 to 10. One of the factories slated for closure has now been identified, with newly appointed CEO Ivan Espinosa calling it a 'tough but necessary decision.' The Oppama Plant, located in the Oppama district, will shut down after Japan's fiscal year 2027, which ends in March 2028. Current models and upcoming vehicles initially planned for Oppama will instead be assembled at the Kyushu site. Nissan's CEO admitted that 'it wasn't easy—for me or for the company' to shutter a plant that has been operational since 1961. Over the past 64 years, more than 17.8 million vehicles have rolled off its assembly line. The factory currently builds the Note and Note Aura superminis, but previously produced the electric Leaf hatchback, the quirky Cube, and the March (Micra). It originally assembled the Datsun Bluebird, a compact, rear-wheel-drive sedan. Photo by: Nissan Approximately 2,400 employees will be affected by the closure. The move is part of a broader strategy to reduce the global workforce by 20,000 by the end of FY2027. Not all job cuts will come from manufacturing, as some will stem from reductions in selling, general, and administrative (SG&A) expenses. Nissan also plans to scale back its research and development operations by shrinking its number of vehicle platforms from 13 to 7 and cutting parts complexity by 70%. Closing the Oppama Plant is among several drastic measures aimed at reducing global production capacity from 3.5 million to 2.5 million units. To grasp the severity of the situation at Nissan, consider that some new model programs have been paused to curb spending. A dedicated team of 3,000 people is now focused exclusively on cost-cutting initiatives. There's also a report about how the Yokohama headquarters could be sold and leased back from the new owner. As for the Oppama site's future, Nissan is evaluating a 'wide range of options.' The closure affects only the factory, as the local research center, crash test facility, proving ground, and 20,000-car wharf will continue operating as usual. Nissan Is In Trouble: Nissan to Suppliers: Will You Take an IOU? Nissan Lost $4.5 Billion Last Year. Here's How It Plans to Survive Source: Nissan Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Yahoo
07-07-2025
- Automotive
- Yahoo
Nissan May Consider Deal With Foxconn to Save Japanese Car Plant
Nissan May Consider Deal With Foxconn to Save Japanese Car Plant originally appeared on Autoblog. According to new reports published by Nikkei and Reuters, Taiwanese electric vehicle upstart and electronics contract manufacturer Foxconn (Hon Hai Precision Industry Co.) is said to be in talks with Japanese automaker Nissan to build EVs in an arrangement that could potentially save one of the Yokohama-based automaker's factories from closure. Sources familiar with the matter told the newswire and the Japanese business publication that these discussions revolve around Foxconn producing electric vehicles at Nissan's Oppama plant in Yokosuka, a plant that employs around 3,900 people and a facility that is seen as a primary target for shutdown under Nissan CEO's ambitious Re:Nissan restructuring plan. According to Nikkei, the partnership would be part of a bigger EV collaboration and possibly incorporate a joint venture between the Taiwanese and Japanese firms. If successful, Nissan's Oppama plant would be spared from closure, as its excess capacity would be turned over to Foxconn. One source who spoke with Nikkei said that Nissan is currently talking with multiple partners, including Foxconn, on various ways they could accelerate the automaker's ambitious restructuring plan aimed at "right-sizing" the company. In a statement seen by Reuters, Nissan said the Nikkei report was not based on information released by the automaker. The reports involving Foxconn come nearly two months after reports of the potential closure of the Oppama plant surfaced in May, triggering a sizable response from local government officials. Opened in 1961, the Oppama plant holds some historical weight for the Yokohama-based automaker. It was the first Nissan plant to mass produce electric vehicles, and is also a popular tourist attraction in the area. According to the automaker, it has an annual production capacity of around 240,000 vehicles and employs 3,900 people in manufacturing and research roles. However, MarkLines data shows that the plant's utilization rate has been low due to the automaker's sluggish sales. Last year, it was just 40%, which is far below its break-even point of 80%. Despite this, a potential shutdown of the Oppama plant would devastate Nissan and the area. Many of Nissan's important parts suppliers are located near the plant, which is also a key research and development facility for Nissan. Within its 170 hectares, Oppama is home to a research center, testing facilities, and a wharf for car carriers. Losing the plant would force Nissan to build new test courses and facilities elsewhere, which could additionally burden the company's tight books. Though a potential Foxconn deal could help Nissan offload unused capacity and save jobs, and preserve its contracted supplier network, such a deal could help the iPhone and Xbox manufacturer become a legitimate contract producer of electric vehicles. Jun Seki, a former Nissan executive and Foxconn's EV chief strategy officer, has been eying partnerships with established automotive brands, although it aims to sell its own EVs in the U.S. Previously, Seki said that the company plans to start delivering the Model C SUV to a North American customer by the end of 2025. Back in May, Foxconn secured a deal to make EVs when it signed an agreement to supply Mitsubishi with a new product starting next year. The vehicle in question is expected to be a compact crossover and will be made in Taiwan for export to Australia and New Zealand. The talks come as Espinosa's Re:Nissan restructuring plans call for reducing worldwide car production capacity from 5 million cars to around 2.5 million cars, with some allowance to increase to 3 million with overtime and even as high as 4 million with products from partner companies. Although Nissan is a global company, the data shows that the largest chunk of its sales is to customers in the U.S. According to a publicly available document on Nissan's global website, 76,977 Nissan and Infiniti brand vehicles were sold in the U.S. in May 2025, while it moved just 27,736 cars in Japan. As I have said before, Nissan's C-Suite has more than just a bloated production capacity when it comes to saving itself. In its largest market, the Trump Administration is keen on cementing its tariff-heavy trade policies with those who do not want to play ball. For now, we can only hope that things will go well for the Japanese automaker and that a U.S.-Japan trade agreement can surface during the ongoing discussions. Nissan May Consider Deal With Foxconn to Save Japanese Car Plant first appeared on Autoblog on Jul 7, 2025 This story was originally reported by Autoblog on Jul 7, 2025, where it first appeared.
Auto Blog
07-07-2025
- Automotive
- Auto Blog
Nissan May Consider Deal With Foxconn to Save Japanese Car Plant
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. The company that made your iPhone might make cars with Nissan According to new reports published by Nikkei and Reuters, Taiwanese electric vehicle upstart and electronics contract manufacturer Foxconn (Hon Hai Precision Industry Co.) is said to be in talks with Japanese automaker Nissan to build EVs in an arrangement that could potentially save one of the Yokohama-based automaker's factories from closure. Sources familiar with the matter told the newswire and the Japanese business publication that these discussions revolve around Foxconn producing electric vehicles at Nissan's Oppama plant in Yokosuka, a plant that employs around 3,900 people and a facility that is seen as a primary target for shutdown under Nissan CEO's ambitious Re:Nissan restructuring plan. Nissan Oppama Plant — Source: Nissan According to Nikkei, the partnership would be part of a bigger EV collaboration and possibly incorporate a joint venture between the Taiwanese and Japanese firms. If successful, Nissan's Oppama plant would be spared from closure, as its excess capacity would be turned over to Foxconn. One source who spoke with Nikkei said that Nissan is currently talking with multiple partners, including Foxconn, on various ways they could accelerate the automaker's ambitious restructuring plan aimed at 'right-sizing' the company. In a statement seen by Reuters, Nissan said the Nikkei report was not based on information released by the automaker. Nissan is trying to keep the lights on at an important, historic facility The reports involving Foxconn come nearly two months after reports of the potential closure of the Oppama plant surfaced in May, triggering a sizable response from local government officials. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Opened in 1961, the Oppama plant holds some historical weight for the Yokohama-based automaker. It was the first Nissan plant to mass produce electric vehicles, and is also a popular tourist attraction in the area. According to the automaker, it has an annual production capacity of around 240,000 vehicles and employs 3,900 people in manufacturing and research roles. However, MarkLines data shows that the plant's utilization rate has been low due to the automaker's sluggish sales. Last year, it was just 40%, which is far below its break-even point of 80%. Despite this, a potential shutdown of the Oppama plant would devastate Nissan and the area. Many of Nissan's important parts suppliers are located near the plant, which is also a key research and development facility for Nissan. Within its 170 hectares, Oppama is home to a research center, testing facilities, and a wharf for car carriers. Losing the plant would force Nissan to build new test courses and facilities elsewhere, which could additionally burden the company's tight books. Nissan Oppama Plant — Source: Nissan Foxconn could be the real winner in a potential Nissan deal Though a potential Foxconn deal could help Nissan offload unused capacity and save jobs, and preserve its contracted supplier network, such a deal could help the iPhone and Xbox manufacturer become a legitimate contract producer of electric vehicles. Jun Seki, a former Nissan executive and Foxconn's EV chief strategy officer, has been eying partnerships with established automotive brands, although it aims to sell its own EVs in the U.S. Previously, Seki said that the company plans to start delivering the Model C SUV to a North American customer by the end of 2025. Back in May, Foxconn secured a deal to make EVs when it signed an agreement to supply Mitsubishi with a new product starting next year. The vehicle in question is expected to be a compact crossover and will be made in Taiwan for export to Australia and New Zealand. Final thoughts The talks come as Espinosa's Re:Nissan restructuring plans call for reducing worldwide car production capacity from 5 million cars to around 2.5 million cars, with some allowance to increase to 3 million with overtime and even as high as 4 million with products from partner companies. Although Nissan is a global company, the data shows that the largest chunk of its sales is to customers in the U.S. According to a publicly available document on Nissan's global website, 76,977 Nissan and Infiniti brand vehicles were sold in the U.S. in May 2025, while it moved just 27,736 cars in Japan. As I have said before, Nissan's C-Suite has more than just a bloated production capacity when it comes to saving itself. In its largest market, the Trump Administration is keen on cementing its tariff-heavy trade policies with those who do not want to play ball. For now, we can only hope that things will go well for the Japanese automaker and that a U.S.-Japan trade agreement can surface during the ongoing discussions. About the Author James Ochoa View Profile
Daily Mail
30-06-2025
- Automotive
- Daily Mail
Nissan announces job cuts at UK factory
Struggling car manufacturer Nissan is cutting jobs at its Sunderland plant as it tries to improve 'efficiency'. The Japanese car maker, which posted a historic £3.8billion net loss in the last year, has confirmed to This is Money it will axe 250 of its 6,000 workforce at the North East vehicle factory. Despite the recent good news that production of the new Nissan Leaf and forthcoming Juke EV will save the Sunderland plant for being one of seven global factories shuttered to £1.3bn in operating costs, it has confirmed it will still lose hundreds of workers as part of a 'leaner' business strategy. A spokesperson said that manufacturing staff won't be affected. Instead the 'voluntary leave scheme' had been opened to on-site shop floor and office staff. In May, Nissan announced its poor 2024-25 financial results, with huge losses off the back of a crash in demand in its two largest markets, the US and China . As a result, new chief executive Ivan Espinosa simultaneously announced the £1.3bn 'Re:Nissan action-based recovery plan' to haul the company out of the red. A spokesperson for Nissan told us: 'In order to support future competitiveness, this week we are beginning discussions with some of our team in Sunderland about the opportunity to voluntarily leave Nissan, with support from the company. 'This will support the plant's efficiency as we aim to become a leaner, more resilient business.' Nissan recently reaffirmed that the Sunderland plant ' remained at the forefront of Nissan's electrification strategy ' and will provide European production for its new line-up of EVs arriving before 2026. During a conference last month, Nissan president and chief executive Espinosa said: 'In Europe, we will strengthen our presence by assembling more electric models in Sunderland.' Nissan is hoping to raise £5.2billion to stay afloat. The new Leaf is coming later this year, a new EV Juke is arriving next year and the new e-POWER system is also coming to Qashqai soon. The all-new Leaf will be the first of Nissan's revised electric car offerings to be built at Sunderland. The completely overhauled version of the pioneering, first true mass-market EV is arguably Nissan's best bet at recapturing the electric car market now dominated by cheap Chinese EVs and some strong competition from Renault, Kia and Hyundai.
