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Nissan Plans Major Factory Closures Amid Billion-Dollar Loss

5/18/2025

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Summary

Story summary

Nissan Motor intends to close two factories in Mexico and evaluate the future of two in Kanagawa, Japan.
The company announced a multibillion-dollar loss for the fiscal year ending in March.
Additional factory closures are planned in South Africa, India, and Argentina.
Total production capacity will be reduced by 1 million vehicles, reaching 2.5 million.

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Story summary

Nissan Motor intends to close two factories in Mexico and evaluate the future of two in Kanagawa, Japan.
The company announced a multibillion-dollar loss for the fiscal year ending in March.
Additional factory closures are planned in South Africa, India, and Argentina.
Total production capacity will be reduced by 1 million vehicles, reaching 2.5 million.