Business

Nissan announces its future plans

nissan-announces-its-future-plans

Nissan, the Japanese automaker in trouble that recently saw its alliance with Honda dissolved, just announced its latest future plans, some of which are more drastic than initially announced.

Among these are cost reductions through fiscal year 2027. To achieve this, Nissan plans to reduce its number of platforms from 13 to 7 over the next ten years and simultaneously decrease parts complexity by 70%.

The automaker also intends to close seven of its seventeen plants (including three in the United States and one in Mexico), retaining only ten.

It should be noted that its plans to establish a lithium iron phosphate (LFP) battery manufacturing plant in Kyushu, Japan, are currently on hold.

Its plan, dubbed Re:Nissan, includes workforce reductions of up to 20,000 jobs (compared with 9,000 earlier).

Observers attribute these struggles partly to fears of an offensive by Chinese automakers, but primarily to Nissan’s past indifference to the consumer shift from small cars to vans.

(Photo: Nissan)

Author’s Posts

  • Ineos sets up shop in Laval

    ...

    Jun 25, 2026

  • AC brings back the Cobra

    If you are a fan of classic cars, especially sports cars, you are no doubt familiar with the Cobra roadster, an “invention” of American racer Carroll Shelby that was built in just under 1,000 u...

    Jun 24, 2026

  • Toyota drops its LF-ZC project

    A sign of the times, major Japanese automaker Toyota has announced that it is dropping its LF-ZC electric vehicle project, which was unveiled in 2023. This futuristic sedan was meant to compete wit...

    Jun 23, 2026

  • Audi unveils its new Nuvolari

    German automaker Audi has just taken the wraps off what it considers its latest supercar, the Nuvolari coupe, named in honour of legendary pre-war Grand Prix driver Tazio Nuvolari.

    ...

    Jun 22, 2026

  • Bridgestone replaces the WeatherPeak with the UltraWeather

    That is it — the battle for the best certified all-weather tire is officially on. This time, major Japanese manufacturer Bridgestone is entering the fray by replacing its former WeatherPeak with ...

    Jun 21, 2026

Image

Business Directory

Image