Nissan Motor on Thursday said it would cut an additional 64,000 units from production in Japan in February and March.
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“This further reduction is necessary to manage our inventory levels and ensure a balanced production supply, in response to continued declines in the global vehicle sales,” the automaker said in a statement.
“Nissan continues to monitor the volatile automotive market, in order to respond in a quick and effective manner.”
The company said it would schedule non-operating days and reduce production line speed at its Tochigi, Kyushu and Oppama car assembly plants and had planned non-production days for the Yokohama and Iwaki engine factories.
Nissan Motor in December said it would cut 78,000 units from Japanese production this month.
It added that Iwaki’s VQ engine assembly line would be reduced to one shift from mid-January and planned to axe 500 temporary workers during the first quarter.
The company had said in mid-November it would reduce the number of temporary jobs from 2,000 to 500 by the end of 2008. It also announced a production cut of another 72,000 units on top of its half-year reduction of 65,000 units in Japan – that was part of a 200,000-unit global output cut.
The company has now cut domestic production by around 279,000 vehicles for fiscal 2008/9 compared with an original target of about 1.4m.
