Skip to site menu Skip to page content

Daily Newsletter

30 July 2024

Daily Newsletter

30 July 2024

Nissan slashes output at its top Japanese plant

Workers on reduced shifts

Dani Cole July 30 2024

Nissan has cut planned production by a third at its top Japanese plant this month, Reuters reports, citing two people familiar with the matter.

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

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close