Nissan reportedly to cut production 30% due to coronavirus demand slump

Nissan reportedly to cut production 30% due to coronavirus demand slump

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Nissan Motor Co is planning a 30% year-on-year cut in global vehicle production through December as falling demand due to the COVID-19 pandemic complicates its turnaround efforts, two sources with knowledge of the matter told Reuters. Nissan made 4.6 million cars in the financial year ended March. Nissan, which has yet to announce a sales forecast for this financial year, declined to comment on its production plans.

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Nissan reportedly to cut production 30% due to coronavirus demand slump originally appeared on Autoblog on Thu, 16 Jul 2020 08:15:00 EDT. Please see our terms for use of feeds.

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