Nissan Motor reportedly will spend $US415 million to build a headquarters in Yokohama, a port city south of Tokyo, by 2010.
Go deeper with GlobalData
Nissan, which posted record operating profits last year, declined to disclose how much it would save by moving to Yokohama, 30 minutes from Tokyo by train, but said the municipal government had pledged tax breaks, according to Reuters.
“Moving our global and domestic operations … will allow us to work more efficiently and cross-functionally,” Nissan CEO Carlos Ghosn said in a statement cited by the news agency.
Reuters said the automaker plans to transfer at least 2,000 of the 3,000 employees in Ginza, Tokyo, the current headquarters, to the new building, which will be completed in 2010.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
