Nissan to close Indonesia, Spain auto plants after losses

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Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production.

Nissan workers gather during a protest in Barcelona, Spain, Thursday, May 28, 2020. Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plans in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs.

Nissan Motor Co. reported a 671.2 billion yen, or $6.2 billion, loss for the fiscal year that ended in March, its first annual loss since 2009, in the aftermath of the global financial crisis.It said its global vehicle production dropped 62% in April from a year earlier to 150,388 vehicles. Global vehicle sales slipped nearly 42% last month.

It is reducing the number of its models and focusing on certain geographic areas, such as Japan, China and the U.S., to enhance its efficiency and profitability, rather than chasing sales size. Workers’ unions have warned 20,000 more jobs in Nissan’s supply chain in Spain are also at risk if Nissan closes its factory in Barcelona and two smaller ones in nearby towns.

 

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bahasa indonesia, nisan = headstone.

And this is just a small % of a greater economic depression on its way as a result of this pendimic

On the plus side they are cranking up in the UK 😉

The economy and GeorgeFloyd are both dead because of bad Government that you are supposed to but don’t lead. WSJ washingtonpost nytimes CNNPolitics

POTUS can’t hide facts with the internet Donnie

The Great Great Depression of 2020 - 2 March 2020 - X

RIP 23

business downfall

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Nissan to close Indonesia, Spain auto plants after lossesNissan announces it will close two auto plants, in Spain and Indonesia, as it sank into the red for the first time in 11 years, as the coronavirus pandemic sent global demand plunging and halted production. Seems that if Nissan offered a better warranty than 3/36 they wouldn’t be in this financial dilemma. I shopped elsewhere Spain needs to nationalise the factory- Nissan cannot get away with robbing us of our industry They should've stuck with carlosghosn He was in the middle of hooking the group of with fcagroup which would've made them by far the biggest automotive group ever. National pride and racism fucked that up.
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Nissan slashes capacity by a fifth after first loss in 11 yearsNissan Motor Co said on Thursday it would slash its production capacity by a fifth to help reduce its fixed costs by 300 billion yen ($2.8 billion) as it looks to become a smaller, more cost-efficient automaker following a slide in sales. Carlos Ghoson needed urgently to rescue the troubled company ! ICE is over. Time to invest in the future. Go paperless!
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Spain says Nissan has decided to close its Barcelona plantJapan's Nissan Motor Co has decided to close its factory in Barcelona, resulting in the loss of about 3,000 jobs as part of a worldwide restructuring plan, the Spanish government said on Thursday. Во Имя БОГА, Любимого. Слава Возвышенному. БОГ один, нет божества другого. Идолы и поклоняющиеся им, будут растопкой для огня Ада. Они будут там стонать вечно, но никто не услышит их мольбу. Сколько бы Я Пророк не призывал, большинство народов беспечны. Не покорились БОГУ. Removing EU Trade Tariffs on Japanese car imports working out well then.
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Nissan Motor to close Barcelona plant: El PaisJapan's Nissan Motor Co will close its factory in Barcelona, resulting in the loss of about 2,800 jobs, Spanish newspaper El Pais reported, citing government and union sources.
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Spanish workers, officials decry Nissan move to close plantSpain’s government says that Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plants in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs. Report on stupid stuff but don’t report on Minneapolis in over an hour, we’re starting to see ABCs true colors. Boooo Bummer
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Nissan to cut production capacity by 20% after suffering worst year since 2009Nissan committed to slashing production capacity by 20% after the Japanese carmaker revealed its first annual operating loss in more than a decade Racism of America against blacks and the tolerance of Islam in Saudi Arabia Wow The Carlos Ghosn effect
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