Nissan Mid-term Management Plan Direction to include excessive production capacity reduction

Nissan Mid-term Management Plan Direction to include excessive production capacity reduction, etc. May 16 4:44

Nissan Motor Co., Ltd., whose business performance remains sluggish, will reduce excess production capacity more than it had planned in the new mid-term management plan to be announced at the end of this month, and will form a partnership with Renault. We are making adjustments to accelerate the standardization of vehicle bases and accelerate efficiency.

Nissan is expected to announce a new medium-term management plan by the end of this fiscal year by the end of this fiscal year toward the rebuilding of management, as it is expected that the financial results for the fiscal year ending March will fall to the final deficit due to poor sales in the main US market. is.

Among them, in addition to reducing the excess production capacity on the expansion route during the former Chairman Ghosn's era, accelerating the sharing of car foundations and parts procurement with France and Renault in France, etc. to reduce costs. It is a policy to include a plan to do.

Nissan had previously planned to reduce its production capacity from 7.2 million units worldwide to 6.6 million units by 2022, but the number of vehicles sold last year was 4.79 million.

For this reason, we are stopping production of vehicles at our Indonesian plant for the time being, and we are also considering reducing production lines at plants such as Spain to further reduce production capacity by hundreds of thousands. We also plan to strengthen mutual production contracts with Renault and Mitsubishi Motors.

However, as the environment surrounding the automobile industry is becoming more severe due to the worldwide spread of the new coronavirus, the road to a radical restructuring is becoming more severe.