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.
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By GlobalDataIt 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.
