Japan's Nissan Motor has decided to suspend operations at some domestic factories as part of a business restructuring effort, the Nikkei business daily reported on Tuesday.
Nissan Motor will end vehicle production at its Wuhan plant in China during the current business year which ends March 31, 2026, the Yomiuri newspaper reported citing sources it did not identify.
Nissan's troubling profit warning
Nissan Motor estimated billions of dollars in net loss for the fiscal year ended March due to impairments and restructuring expenses.
Nissan Motor will make an additional investment of more than 10 billion yuan ($1.37 billion) in China by the end of 2026, Stephen Ma, an executive overseeing China operations at the automaker said on Wednesday.
Nissan Motor aims to "max out" production at its largest American production plant amid President Donald Trump's 25% auto tariffs. Christian Meunier, chairman of Nissan Americas, said the tariffs are accelerating already needed plans for the automaker to increase domestic production to assist in a turnaround of its embattled U.S. operations.
The chairman of Nissan Americas, Christian Meunier, said on Wednesday he is concerned that tariffs may drive already eye-popping vehicle prices even higher.
Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.
NSANY is set to build a new EV platform that will support the production of crossovers, sedans and possibly a compact pickup, all built in the United States.
Foxconn wants to cooperate with Nissan but is currently not engaging with the Japanese automaker, an executive in charge of the Taiwan company's electric vehicle business told the Nikkei newspaper in an interview published on Wednesday.
Nissan Motor is considering shifting some domestic production of U.S.-bound vehicles to the U.S., the Nikkei reported on Saturday, as President Donald Trump ramps up trade tariffs on nations worldwide.
Nissan Motor said on Thursday it will halt new orders of two Mexican-built Infiniti SUVs for the U.S. market after new auto tariffs imposed by President Donald Trump took effect.