Nissan Motor has cut production capacity in China amid declining sales in the country, where electric vehicles are spreading rapidly.
The Japanese firm says it has halted production of gas-powered sport utility vehicles at its factory in Changzhou in the province of Jiangsu.
The plant, jointly operated with its local partner, was capable of producing 130,000 vehicles annually, accounting for nearly 10 percent of Nissan's production in China.
Japanese automakers are reviewing their strategies in the Chinese market.
Mitsubishi Motors decided to withdraw from China last year, while Honda Motor is cutting its full-time production workforce at a joint venture through voluntary retirement.
The Japanese firm says it has halted production of gas-powered sport utility vehicles at its factory in Changzhou in the province of Jiangsu.
The plant, jointly operated with its local partner, was capable of producing 130,000 vehicles annually, accounting for nearly 10 percent of Nissan's production in China.
Japanese automakers are reviewing their strategies in the Chinese market.
Mitsubishi Motors decided to withdraw from China last year, while Honda Motor is cutting its full-time production workforce at a joint venture through voluntary retirement.
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Summary
Nissan Motor reduces production capacity in China due to declining sales, particularly in electric vehicles. Production halt for gas-powered SUVs at Changzhou factory, accounting for nearly 10% of its Chinese production. Japanese automakers reassess strategies, with Mitsubishi Motors withdrawing
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ID: f6f630f6-ef2c-4f02-9a86-5fb89a40db22
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20240622_08/
Date: June 22, 2024
Created: 2024/06/23 07:00
Updated: 2025/12/08 12:52
Last Read: 2024/06/23 16:29