Nissan has cut planned production by a third at its top Japanese plant this month, Reuters reports, citing two people familiar with the matter.
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The sources also disclosed that line workers in Kyushu, the third-largest island of Japan’s four main islands, were now working fewer than the usual eight hours a day due to scaled-back production.
Nissan was not immediately able to comment, Reuters says.
Nissan’s output adjustment comes after a poor set of financial results. The automaker reported “an almost complete wipe-out” in April to June profit. It cut its full-year outlook in the wake of “deep discounts” in the US after weak demand.
Nissan operating profit decimated in fiscal Q1
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